Fortress Investment Group LLC (NYSE: FIG) was named the recipient of the Navy SEAL Foundation’s 2011 Patriot Award at the Foundation’s Fifth Annual Benefit on December 1. Fortress was selected by the Foundation based on the extent of its charitable giving, particularly to causes supporting military groups and veterans, its commitment as an employer to the veterans’ community, and a broad range of programs and discounts provided to veterans through Fortress’s portfolio companies.
“We are humbled and honored to receive the Patriot Award and to be recognized by the Navy SEAL community,” said Fortress CEO Dan Mudd. “The Navy SEAL Foundation has done tremendous work in assisting those who take on hardship, uncertainty and risk as a matter of routine. We can not begin to adequately thank the members of the SEAL community and others who serve and sacrifice on our nation’s behalf.”
“A number of Foundation board members are former Navy SEALs now working on Wall Street, and we are very familiar with Fortress, their people and their culture,” said Mike Martin, chairman of the Foundation’s Benefit and a former Navy SEAL. “Led by former Marine, Dan Mudd, Fortress supports the veterans’ community in many ways, and we believe it is a company that exemplifies the SEALs’ ‘All in All the Time’ credo. We also wanted to recognize the tireless efforts of Fortress Managing Director Drew Fox in supporting the Foundation over the past decade.”
The Navy SEAL Foundation was established to provide immediate and ongoing support to Navy SEALs, other members of the Naval Special Warfare (NSW) community, and their families. The Foundation provides assistance to families of NSW personnel killed or wounded in combat or training, scholarships and educational assistance to active duty personnel, their spouses and children, family events to boost morale for NSW family members whose spouses/fathers can spend up to 60% of their time actively deployed, and a broad range of other assistance focused on ensuring that no member of the NSW community has any doubt where to go in times of need or adversity.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV