Fortress Hires Former Artradis Managers to Run Tail-Risk Strategies Group

Bloomberg – Fortress Investment Group LLC (FIG) hired former hedge-fund managers from Artradis Fund Management Pte to head a new strategy that seeks to produce payoffs when there are unlikely occurrences that may prove disastrous for investors.

David Dredge and Andrew Wong joined as co-chief investment officers of Fortress’s Convex Strategies Group, while Julian Ings-Chambers is its head of business development and investor relations, Gordon Runte, a spokesman for the New York-based firm, said in response to queries. The team, based in Singapore, is part of Fortress’s liquid-markets business, he said.

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