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Pay at Fortress rises faster than earnings

Staff compensation at alternative assets manager Fortress Investment Group, which listed in New York 13 months ago, increased last year at a faster pace than earnings.

Total revenues at Fortress were $1.1bn last year. The group paid its staff $658.8m last year, which was 51.1% more than the $436m paid in compensation and benefits in 2006. Staff increased 38% to 806 over the year.

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