Securities Law Prof Blog

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

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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