Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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DrStockPick.com Watch List!

My Picks for Wednesday September 23, 2009, are:

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FIG, Fortress Investment Group LLC

FIG is a leading global alternative asset manager with approximately $31.0 billion in assets under management (fee paying) as of June 30, 2009. FIG is headquartered in New York and has affiliates with offices in Charlotte, Chicago, Dallas, Frankfurt, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, Shanghai, Sydney and Tokyo.

**FIG’s Board of Directors elected not to pay a dividend in the third quarter of 2009, to retain capital for potential future investment opportunities and for working

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The once booming business of private equity faces an uncertain future. What’s not uncertain, however, is that many private equity deals are imploding from the weight of leveraged debt and greed. Inevitable bankruptcies will result in higher unemployment and a deeper recession.

Private equity is an asset class consisting of equity securities in operating companies that are not publicly traded.  The name “private equity”is the rechristened, kinder and more gentile label for what used to be known as leveraged buyouts, or LBOs. But make no mistake about it, while leverage may not be part of the name any more, it remains a big part of every private equity deal.

LBO firms, or “franchises”, as Henry Kravis, co-founder of Kohlberg Kravis Roberts & Co. (KKR), likes to call his shop, acquire publicly traded operating companies. Then they streamline management and operations to increase profitability and hope to cash out

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h1 style="text-align: center;"bHedge Fund Managers/b/h1h2 style="text-align: center;"bspan class="Apple-style-span" style="color: rgb(102, 0, 0);"Hedge Fund Manager | Hedge Fund Notes/span/b/h2br /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_wM_OZdOMR_Y/ST1FIoBWyII/AAAAAAAACmY/OUbzph2qQfU/s1600-h/Hedge-Fund-Manager-News.jpg"img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 104px; height: 104px;" src="http://4.bp.blogspot.com/_wM_OZdOMR_Y/ST1FIoBWyII/AAAAAAAACmY/OUbzph2qQfU/s200/Hedge-Fund-Manager-News.jpg" alt="Hedge Fund Managers News" title="Hedge Fund Managers News" id="BLOGGER_PHOTO_ID_5277450352832465026" border="0" //aOver the last 48 hours our team has updated the Hedge Fund Tracker Note profiles on 9 different hedge funds. These profiles include videos, articles, press releases and statistics which are publicly available on these funds.br /br /Here are links to these 9 updated tracker note posts:br /ullia alt="Citadel Investment Group LLC" title="Citadel Investment Group" description="Citadel Investment Group LLC ran by Kenneth Griffin" href="http://richard-wilson.blogspot.com/2008/08/citadel-investment-group-llc-kenneth.html"Citadel Investment Group LLC/a/lilia alt="Hedge Fund Blogger.com: Acorn Capital Group | Hedge Fund Tracker Notes" href="http://richard-wilson.blogspot.com/2008/12/acorn-capital-group-hedge-fund-tracker.html" title="Acorn Capital Group | Hedge Fund Tracker Notes"Acorn Capital Group/a/lilia alt="Fortress Investment Group LLC" title="Fortress Investment Group LLC" description="Fortress Investment Group LLC Hedge ...

Julian RobertsonJulian Robertson Interview VideoQuick Link: Hedge Fund VideosBelow is a short video with Julian Robertson. If you are viewing this post via my daily hedge fund newsletter please click here to view it on my website now.Some quotes from this video:

“America is a like a family who over-spent for years.. has to de-lever itself.. take a long, long time for that to be completed.. I look for a long tough period for the American people”

“I am not positioned long… I am short personally quite a bit”

“So far I don’t think we had the blow to the economy that will eventually obviously come from the wealth devastation that’s occured the last several months”

“General de-leveraging will be a strain on the economy for a

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Fortress Investment GroupFortresss Investment Group | Hedge Fund NotesJust a quick note that we have updated the Fortress Investment Group Hedge Fund Tracker profile. Read the updated profile here: Fortress Investment Group LLCRelated to Fortresss Investment Group | Hedge Fund NotesHedge Fund Tracker Tool Millennium PartnersMitsui & Co.Moore Capital Management, LPOch Ziff Capital Management GroupOracle Evolution Oracle Services | Spiro GermenisOspraie Management LLCPaulson & Co. Hedge Fund | John PaulsonPequot Capital Management Hedge ...

Asset Management FinanceAsset Management Finance (AMF) CorporationThe following piece on Asset Management Finance Corp is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.This story is about how Credit Suisse purchasing Asset Management Finance Corp. which provides funding to early stage hedge funds in exchange for revenue sharing on future fund earnings. It will be interesting to see if Credit Suisse significantly alters AMF's due diligence process while looking at funds, or presses them to fund Credit Suisse associated groups...___________________________________Credit Suisse Group AG, Switzerland's second-biggest bank, bought New York-based Asset Management Finance Corp. for $384 million to provide financing to investment ...

Pharos FundPharos Financial Group - Hedge FundsThe following piece on Pharos Fund is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.

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The following is a list of resources and information that is publicly available about Pharas Fund.Pharos fund portfolio.Whitepaper on Pharos Fund. The White paper explains how the pharos fund manager makes decisions.Every letter to all investors for 2008, from the Pharos Fund and Gas Fund.Excel spreadsheet of every Pharos funds performance. So far, 2008 has a negative return on every fund.Excel spreadsheet breakdown of Sector allocations for the pharos fund.Excel spreadsheet breakdown of Sector allocations for ...

Fortress Investment Group LLCFortress Investment Group LLC - Hedge FundThe following piece on Fortress is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.___________________________________

Fortress Investment Group LLC, the manager of $18 billion in hedge funds, will open a fund to invest in the Middle East and North Africa as countries in the region seek to reduce their dependence on the oil industry.The Fortress MENA Fund LP will be managed by Philippe Peress and is set to begin trading by the end of September, according to marketing documents, which didn't say how much money the company is seeking to ...