Fortress Investment Group has announced key leadership appointments for the firm’s newly created Client and Product Solutions Group (CPSG), which will replace the firm’s prior Capital Formation Group (CFG) in January 2025.
Scott Werthamer, a 17-year Fortress veteran and formerly deputy head of CFG, and Seth Ruthen, who joins Fortress on Jan. 6, 2025, will co-head CPSG, reporting to the firm’s managing partners. Leading the CPSG globally, Werthamer and Ruthen will oversee Fortress’s fundraising strategy, relationship management and sales, Private Wealth Solutions business, product specialists, client service, and client marketing teams.
In addition, Fortress veterans Peter Hausmann and Maggie Rosengarten, who have held senior positions focused on key client relationships for a combined 30 years, have been appointed co-heads of institutional sales within CPSG.
In a joint statement, Drew McKnight, co-CEO and managing partner; Josh Pack, co-CEO and managing
