Fortress expands private wealth business into EMEA and Japan

Why it matters

Fortress expanding its private wealth business into EMEA and Japan is a routine geographic expansion within asset management, unlikely to materially affect credit markets or underwriting standards.

Sources

• Alternative Credit Investor

  Fortress expands private wealth business into EMEA and Japan

  Fortress Investment Group has expanded its private wealth business into Japan and the Europe, Middle East and Africa (EMEA) region. The private markets manager, with $55bn (£40.6bn) of assets, has appointed Yuko Umino as head of private wealth solutions for Japan and Harry Bush…