Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Friday, February 9, 2007

Fortress IPO a Success

The much-anticipated IPO by Fortress, the first hedge fund to go public, was deemed a success.  The stock opened on the NYSE at $35, up from the offering price of $18.50.  See WSJ, Hedge-Fund Operator Fortress Jumps 89% Following IPO.

http://lawprofessors.typepad.com/securities/2007/02/fortress_ipo_a_.html

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