Henry McVey Joins Fortress Investment Group LLC

    NEW YORK, June 11 /PRNewswire-FirstCall/ -- Fortress Investment Group
 LLC ( FIG) announced today that Henry H. McVey has agreed to join the
 firm. McVey will be based in the New York office as a Managing Director
 leading Fortress's new business efforts focused on deep value public equity
 investing. Mr. McVey, previously a Managing Director and Chief U.S.
 Investment Strategist at Morgan Stanley & Co., has spent 12 years at Morgan
 Stanley in the equity research department.
     Wesley R. Edens, Chief Executive Officer and Chairman of Fortress,
 commented, "Henry is a very talented individual and recognized as a leading
 investment strategist. We are excited that Henry will join Fortress and
 believe that he will be a great addition as we continue to build our equity
 investment products."
     Fortress is a leading global alternative asset manager with
 approximately $36 billion in assets under management as of March 31, 2007.
 Fortress raises, invests and manages private equity funds, hedge funds and
 publicly traded alternative investment vehicles. Fortress was founded in
 1998. For more information regarding Fortress Investment Group LLC or to be
 added to our e-mail distribution list, please visit www.fortress.com.
 
 

SOURCE Fortress Investment Group LLC