Fortress Has $5 Billion Buyout Loss as Apollo Posts Gain: Video

Wed, 06/16/2010 - 08:53 EDT - Bloomberg - Video News

June 16 (Bloomberg) -- Fortress Investment Group LLC, co-founded by Wes Edens, has $5 billion in unrealized losses from private-equity funds started since 2005, while funds at Leon Black's Apollo Global Management LLC posted a profit. Blackstone Group LP, the biggest private-equity firm, had an unrealized loss of $861 million in the period and KKR & Co.'s buyout funds are down $708 million, according to regulatory filings in the past six weeks. Bloomberg's Deirdre Bolton reports. (Source: Bloomberg)
From:
Bloomberg
Views:
0

0
ratings
Time:
00:39
More in
Entertainment

Original article

Apollo Global Management: Past And Present Lead To A Promising Future
ByRichard Tarjeft:Apollo Global Management, LLC (APO) is an investment company that was founded in 1990 and is headquartered in NYC. They also have offices in Houston and L.A. as well as in Hong Kong, Singapore, London, Luxembourg, Frankfurt and Mumbai, employing a staff of 644 people worldwide. The Past:
Apollo Global Management Delays Its IPO, Again
IPOdesktop submits: Apollo GLobal Management delayed its IPO on Tuesday, March 15, just after Reuters and CNBC reported that Apollo was test marketing a potential price range of $18-$20 for 26 mllion shares all from shareholders, a $494 milliion IPO. With an estimated 300 million shares to be outstanding, Apollo Global Mgt would have had a $5.5 billion market capitalization.
Bloomberg's Alesci Discusses Leon Black, Apollo Global: Video
The Frog, The Scorpion And Carlyle Group
By Gerry Sullivan: You may recall the fable of the frog and the scorpion. (see below) It is a story that investors considering an investment in Carlyle Group (CARL) next week should study well.Carlyle Group has filed to sell 30,500,000 shares between $23-$25 per share. The offering is expected to be priced next Tuesday May 2. You should avoid this one.
Apollo signs up Black for three more years
N
Paulson Lost 6.9% in June; Stanford Loses Bid for Bail: Video
BofA's New Online Trading Site; Toyota's Quality Ranking: Video
Reliance May Sell Stake; Adobe Warns of Flaw in Flash: Video
Fuld Seeks to Toss Lawsuit; Hyatt Heir Buys Hotel Stake: Video
Jobs Says Apple Is `All Over' Foxconn After Suicides: Video

Main menu

Secondary menu

Fortress Has $5 Billion Buyout Loss as Apollo Posts Gain: Video

Related

Latest

User login

Our Blog

Markets Map

Follow Us

Secondary menu