Fortress first quarter profits drop, assets grow
The firm's private equity funds generated $50m in pre-tax distributable earnings, 64 percent less than the first quarter of 2007, while private equity assets grew 55 percent to $13bn.
The firm's private equity funds generated $50m in pre-tax distributable earnings, 64 percent less than the first quarter of 2007, while private equity assets grew 55 percent to $13bn.
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