(Bloomberg) Stu Bohart, who oversaw Fortress Investment Group LLC’s hedge fund unit, left the firm after five years.Bohart, the president of Fortress’s liquid markets business, left on Tuesday, said Gordon Runte, a spokesman for the New York-based firm. The departure, reported earlier by the Wall Street Journal, comes as Fortress faces losses in its biggest hedge funds.
Fortress Hedge Fund President Departs Amid Macro Losses
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