Bloomberg – Adam Levinson, chief investment officer of Fortress Investment Group Inc. (FIG)’s Asia Macro funds, is in talks with the $58 billion alternative-asset manager about starting his own hedge-fund firm, according to one person familiar with the matter.
No decision has been made and a possible spinoff may not take place until early 2015, said the person, who asked not to be identified because the information is private. Fortress would probably own a portion of the firm and provide back-office support and research, according to the person.