Renaissance Capital logo

Global asset manager Fortress Investment Group files for IPO

November 8, 2006
FIG

Fortress Investment Group, an alternative asset manager that manages private equity funds and hedge funds, filed for an IPO on Wednesday. Goldman Sachs, Banc of America, Citigroup, Deutsche Bank and Lehman Brothers are all set to manage the deal for the New York-based company. Terms and timing have yet to be announced.