Fortress Investment Group (FIG) Reports Q3 EPS of $0.73
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Fortress Reports Third Quarter 2017 Results
November 9, 2017 8:01 AM ESTNEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its third quarter 2017 financial results.
FINANCIAL SUMMARY
Management Fee Paying Assets Under Management (AUM) of $36.1 billion as of September 30, 2017, down 2% compared to the previous quarters AUM, adjusted to exclude the Logan Circle business which Fortress sold in September 2017 GAAP net income of $190 million, or $0.37 per diluted Class A share, for the third quarter of 2017, compared to GAAP net income of $58 million, or $0.07 per diluted Class A share, for the third... More