August 11, 2008: Adam Levinson, the chief investment officer for a fund at Fortress Investment Group LLC, was made a principal, as the company allocated a $300 million share grant to him. This makes Levinson one of six current controlling shareholders.
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References
Fast Facts
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Age
38
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Alma mater
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Fact:
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Fact:
None of the shares owned by the six principals have been sold
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Fact:
The $300 million share grant increases the outstanding shares by 7 percent
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Fact:
In exchange for the shares, Levinson reduced his profit sharing interests
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Fact:
Fund established in 2002
