The Investment Blog

June 16 (Bloomberg) — Fortress Investment Group LLC, co-founded by Wes 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 funds are down $708 million, according to regulatory filings in the past six weeks. Bloomberg’s Deirdre Bolton reports. (Source: Bloomberg)

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Tags: 5, All, Apollo, as, Audio, AV, Billion, Bloomberg, Buyout, company, corporate, earnings, English, equity, finance, financial, Fortress, Gain:, Has, loss, media, Multimedia, news, Posts, Private, Reports, Services, States, Syndicated, team, Television, United, US, video, Visual

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