On a June morning in 2011, the stock market opened to a 2.4% jump in value of Fortress Investment Group’s stock. This 2.4% jump in value was the result of Credit Suisse’s decision to upgrade Fortress Investment Group’s stock from neutral to outperform.
Credit Suisse’s decision was based on in part on the satisfactory resolution of troubling issues over Fortress Investment Group’s principal compensation. Also, in part because of Fortress Investment Group planned raising of stock’s dividend, which would confer upon its investors a greater than 10% yield by 2012. In another part because Fortress Investment Group has accumulated a $3.6 billion credit with which the firm could make investment should the perfect trade opportunities abruptly come into existence, which according to many should arise from a foreseeable near-term correction in the markets.
In yet another part because of Fortress Investment Group’s position to benefit from increased market regulation and a wave of refinancing as a consequence of horrible deals made in the years between 2005 to 2007 that will be conferring upon Fortress Investment Group a legion of fantastic investment opportunities. The circumstances that brought about Fortress Investment Group’s overnight 2.4% jump in stock value was by no means overnight. Institutional Investors 2011 Hedge Fund 30 Rising Stars.
But rather, the daily hard work and best efforts of many inside the firm over an extended period of time. Gareth Henry is one such person. He is a managing director with in the firm, who has contributed considerably through his responsibilities of raising capital in various foreign markets, such as the markets of Europe, the Middle East, and Africa and of creating excellent ties to sovereign wealth funds, pension funds, and insurance companies.
Gareth Henry joined the Fortress Investment Group in 2007 after working as a Strategic Solutions Director at Schroder, a money management firm. Gareth Henry is a graduate of the University of Edinburgh in Scotland and holds a first-class honors degree from Heriot University. Gareth Henry also has the honor of being able to make the claim that he holds membership in the Fellow of the Institute of Actuaries in the UK and the Fellow of Society of Actuaries in the USA
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