Drawbridge Special Opportunities Fund: Fortress Investment Group
Best distressed hedge fund
Peter Briger, co-chairman of Fortress Investment Group and co-chief investment officer of the company’s Drawbridge Special Opportunities Fund, wryly describes his strategy of investing in distressed credit assets as "financial garbage collection".
"A big part of our business is getting into messy situations, sifting through the assets that people want to discard, identifying potentially valuable investments and then applying our infrastructure, debt servicing and asset management capabilities to
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