Fortress Flagship Starts Off April With Loss, Down 6.3% In 2014
Earlier this month, Fortress Investment Group LLC (NYSE:FIG) reported Q1 EPS of $ 0.01 versus the consensus estimate of $0.15, and revenue of $310 million that beat estimates by $81.72 million.
Assets under management were at an all-time high of $62.5 billion as of March 31, 2014, and uncalled capital (“dry powder”) amounted to $ 6.6 billion as on that date as per the company’s press release.
“We had a solid start to . . .
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