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Levinson Said to Talk With Fortress on Spinoff Hedge Fund

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.

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