Fortress Has $5 Billion Buyout Loss As Apollo Posts Gain: Video Man City Vs Palace (IgGK2CKMTr)

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June 16 (Bloomberg) -- Fortress Investment Group LLC, co-founded by Wes europe Edens, has $5 billion in unrealized losses from private-equity funds started since 2005, while funds at Leon Black's Apollo Global Management LLC posted a profit. Blackstone Group LP, the biggest private-equity firm, had an unrealized loss of $861 million in the period and KKR & Co.'s buyout motley crue funds are down $708 million, according to regulatory filings alex hassell in the past six weeks. Bloomberg's Deirdre Bolton reports. (Source: Bloomberg)

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