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Al Rob » Comments » FIG

  • End the Siege on Fortress Investment Group [View article]
    Remember, there are high water marks on fees. So they earn 20% only on new highs, not a rebound to old highs. I worked for a hedge fund once that didn't earn incentive fees for years..

    Also, this is not the most shareholder friendly comp[any.

    Your qualitative analysis is good but I think you need to drill down on the numbers a bit more. There is a good reason why FIG trades at this price and sports a"distressed" type dividend yield.
    May 30 13:37 pm |Rating: 0 0 |Link to Comment
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