A Quick Buck

Serafin, Tatiana
March 2007
Forbes Asia;3/26/2007, Vol. 3 Issue 5, p80
The article features Wesley Edens, Robert Kauffman, Randal Nardone, Peter Briger and Michael Novogratz, financial executives worth a combined $10.7 billion whose company, Fortress Investment Group, went public on February 9, 2007. Their company manages 4 hedge funds, 14 private equity funds and 2 real estate vehicles. In five years they built funds under management from $1.2 billion to $29.9 billion. They first became billionaires in when they sold 15% of Fortress to Japan's Nomura Holdings.


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