In the year of 2011, Fortress Investment Group LLC, an alternative asset manager whose stock is traded in the New York Stock Exchange under the symbol “FIG,” won the Credit-Focused Hedge Fund Firm of the Year” award at the Institutional Investor’s 9th Annual Hedge Fund Industry Awards. This award was awarded to Fortress Investment Group LLC because this particular firm had distinguished itself for it exceptional innovation, achievements and contributions in the previous year.
In addition to the Fortress Investment Group LLC’s winning the “Credit-Focused Hedge Fund Firm of the Year” award, its managing director Gareth Henry won the Institutional Investor “Rising Star” award. The Institutional Investor “Rising Star” awards are given to those professionals, who have accomplished in the industry and who have contributed thereto in a significant way, making them distinguished among their peers and positioning them to be future industry leaders. Since Gareth Henry was awarded the Institutional Investor “Rising Star” award, it follows that he is well accomplished in the industry and has contributed thereto in a significant way, and as a result has distinguished himself among his peers and has positioned himself as a future industry leader.
Gareth Henry attended the University of Edinburgh in Scotland graduating thereof with a degree in actuarial mathematics. Gareth Henry is a member of the Fellow of the Institute of Actuaries, UK and the Fellow of Society of Actuaries, USA. In 2007, Gareth Henry joined the Fortress Investment Group. As part of his job description, he is responsible for raising capital and forming client relationships in foreign markets, such as those of the European, Middle Eastern and African markets.
Fortress Investment Group is a leading global investment manager, which as of March 31, 2011, has approximately $43.1 billion in assets under its management. Fortress was founded in 1998 and provides investors with alternative and traditional investment products. Fortress Investment Group’s Credit team, which consists of over 300 investment professionals, manages over $13 billion for institutional investors and private clients across the globe.