HedgeFundTube :: Fortress War Chest Up $1B

Fortress War Chest Up $1B - June 25

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ABOUT: To capitalize on Wall Streets woes, Fortress Investment Group is considering adding another $1 billion to its coffers, the New York Post reports. Meanwhile, First City Monument Bank and INTL Consilium have linked up to launch a $100 million HF that will invest in Africa and the Middle East, Thisday reports. Also, a ruling party panel in Japan is pushing the Asian nation to create a sovereign wealth fund to better manage its pension funds, Reuters reports. Finally, Asian HFs managers improved their performance and lowered their redemptions in 2007 in contrast to their U.S. and European counterparts, Financial News reports Added: 26-06-2008 \| Runtime: 2m55s \| Views: 326

Video Tags: EMII institutional investor Related Categories: Hedge Fund News

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