The Tough Business of Financial Services Michael Novogratz of Fortress Investment Group talks about the rapid growth of the financial services industry in London and New York and what it means for delivering alpha. Related Articles Duquesne Family Office Cuts Back — Then Loads Up on New Bets Stephen Taub Barings Finds a New Partner — and More Capital to Play With Julie Segal How Nonprofits of Varying Sizes Can Tap Into Big-firm Investment Expertise Sponsored by Fidelity Investments