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Fortress Legal Assets Fund I (a) LP

Hedge FundFund ID 805-9515108339Delaware, United States
Gross assets
$64.5M
Min. investment
$10M
Beneficial owners
56
Size rank
Top 51%
Audited
Yes
Structure
Standalone

About this fund

Fortress Legal Assets Fund I (a) LP is a hedge fund managed by Fig LLC. The fund reports $64.5 million in gross assets, placing it among the top 51% of private funds by size. The stated minimum investment is $10 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-9515108339
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
Drawbridge Special Opportunities Fund LPHedge$10.51B
Fortress Lending III Holdings L.P.Hedge$4.44B
Fortress Credit Opportunities Fund V Expansion (a) LPHedge$2.43B
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Frequently asked questions

How large is Fortress Legal Assets Fund I (a) LP?

Fortress Legal Assets Fund I (a) LP reports $64.5 million in gross assets, among the top 51% of private funds by size.

What is the minimum investment for Fortress Legal Assets Fund I (a) LP?

The stated minimum investment is $10 million.

Who manages Fortress Legal Assets Fund I (a) LP?

Fortress Legal Assets Fund I (a) LP is managed by Fig LLC.

Does Fortress Legal Assets Fund I (a) LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

F
New York, NY

Service providers

Prime broker
None reported
Administrator

Reported gross assets

$64.5M▼ 45%
Jan '25 — $117.1MFeb '25 — $117.1MMar '25 — $72.2MApr '25 — $72.2MMay '25 — $72.2MJun '25 — $72.2MJul '25 — $72.2MAug '25 — $72.2MSep '25 — $72.2MOct '25 — $72.2MNov '25 — $72.2MDec '25 — $72.2MJan '26 — $72.2MFeb '26 — $72.2MMar '26 — $64.5MApr '26 — $64.5MMay '26 — $64.5MJun '26 — $64.5M
Jan '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 51%
Larger than 49% of 67,041 private funds
Gross assets vs Hedge FundsTop 65%
Larger than 35% of 12,442 hedge funds
Minimum investmentTop 6%
Higher than 94% of funds reporting a minimum

Investor base

Adviser & related persons11%
Funds of funds2%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.