BusinessWeek – Two Fortress Investment Group LLC hedge-fund executives have left the New York-based firm, according to two people with knowledge of the moves, after assets at their unit dropped 77 percent last year.
Scott Lawin, the former chief operating officer for Fortress’s Drawbridge Global Macro Funds, left in January to become COO at New York-based Moore Capital Management LLC, according to the people. Kevin Treacy, the unit’s chief financial officer, left two weeks ago, said the people, who declined to be named because the moves weren’t announced.
