Securities Law Prof Blog

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

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Friday, February 9, 2007

Hedge Fund Goes Public

Fortress Investment Group will be the first hedge fund and private equity firm in the US to go public today at $18.50 per share.  At that price it will have a market value of $7.4 billion.  Its class A shares will trade on the NYSE.  See NY Times, Fortress Goes Public, a First for Hedge Funds Inside U.S. and WSJ, First Hedge-Fund IPO May Encourage Others.

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