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Fortress Reports Second Quarter 2015 Results and Announces Dividend of $0.08 per Share

July 30, 2015 7:01 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its second quarter 2015 financial results.

FINANCIAL SUMMARY

Fortress declares a cash dividend of $0.08 per dividend paying share for the second quarter of 2015 Management Fee Paying Assets Under Management (AUM) of $72.0 billion as of June 30, 2015, an increase of 3% from the previous quarter and an increase of 13% from June 30, 2014 GAAP net income of $5 million, or $0.00 per diluted Class A share, for the second quarter of 2015, compared to GAAP net income of... More