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Hedge fund giant lashes Ainsworth deal

Perry WilliamsSenior Reporter
Updated

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Hedge fund giant Fortress Investment Group has attacked a deal which could hand poker machine king Len Ainsworth a near $500 million fortune as proxy investors near a deadline to cast their votes on the controversial transaction.

The New York-headquartered Fortress, which holds $70 billion of assets under management, has made a rare public intervention over the pending pokies transaction.

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Perry Williams writes on business from our Sydney newsroom, specialising in gaming and resources. Connect with Perry on Twitter.

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    Original URL: https://www.afr.com/business/gambling/hedge-fund-giant-lashes-ainsworth-deal-20160622-gpp1bs