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Fortress Joins the NYSE

Filed in archive Companies and Markets by rob on November 12, 2006

NYSE from Federal Hall.jpg
fortresslinks Investment is about to become the first hedge fund listed on the NYSE.

Fortress Investment is planning to sell up to $750m (£393m) worth of stock in an initial public offering on the New York Stock Exchange as it becomes the first hedge fund to list on the US exchange.
Is this evidence of a hedge fund bubble, or that hedge funds have finally become a mainstream investment vehicle, with all the respect that comes with that?






Permalink: Fortress Joins the NYSE
Tags: hedge  fund  NYSE  nyse  funds  hedge+funds  hedge+fund  joins+nyse 

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