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Alternative Market Briefing

Fortress reveals $2bln mandate to manage remaining assets of DB Zwirn
Tuesday, June 02, 2009

By the Opalesque Team: On Monday New York-based Fortress Investment Group finally divulged further details about the $2bln mandate the firm’s management hinted at during their first quarter earnings call. The firm will now manage the funds and accounts of D.B. Zwirn, a grouping of assets that will be renamed the Fortress Value Recovery Funds I.

The annou......................

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