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Hedge Fund Rising Stars: David Swift

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David Swift
Fortress Investment Group

When Hurricane Sandy hit the New York City area last October, David Swift’s home was one of the few in Hoboken, New Jersey, that still had power. Swift soon became one of those people news broadcasts showed sharing electricity with their neighbors, allowing them to charge their cell phones and other electronic devices. That obliging, can-do attitude helps the 39-year-old Swift, who grew up in Germany, excel as global head of client service for the liquid market unit at $55.6 billion, New York–based alternatives manager Fortress Investment Group. Swift, who has a BS in health from George Mason University in Fairfax, Virginia, has led or participated in the launch of numerous hedge funds, private equity funds and managed accounts at the firm. He has also taken steps to improve transparency and risk reporting at the firm’s liquid markets group, which includes global macro funds run by Michael Novogratz. After working in sales at technology companies including Provo, Utah–based software maker Novell, Swift joined Fortress in 2006 and quickly became one of the best in the business at hedge fund sales and service.