8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 24, 2012

Fortress Investment Group LLC

(Exact name of registrant as specified in its charter)

Delaware	001-33294	20-5837959
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1345 Avenue of the Americas, 46th Floor New York, New York		10105
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (212) 798-6100

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Resignation of Principal Executive Officer

On January 24, 2012, Fortress Investment Group LLC (“Fortress”) issued a press release announcing Chief Executive Officer Daniel Mudd’s resignation. As previously announced, Mr. Mudd took a leave of absence from Fortress beginning on December 21, 2011. Randal A. Nardone, Fortress principal and co-founder, will continue to serve as interim chief executive officer. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein in its entirety.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Press Release, dated January 24, 2012, issued by Fortress Investment Group LLC

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FORTRESS INVESTMENT GROUP LLC

(Registrant)

/s/ David N. Brooks

David N. Brooks

General Counsel

Date: January 24, 2012

3

EXHIBIT INDEX

Number	Description
99.1	Press Release, dated January 24, 2012, issued by Fortress Investment Group LLC

4

EX-99.1

Exhibit 99.1

FORTRESS INVESTMENT GROUP LLC

Contact:	FOR IMMEDIATE RELEASE
Gordon E. Runté
212-798-6082

Fortress Announces Resignation of Daniel Mudd

New York, NY. January 24, 2012 – Fortress Investment Group today announced that Daniel Mudd has resigned from the company and its Board of Directors. Fortress had previously announced that Mr. Mudd had requested and been granted a leave of absence from his role as chief executive officer of the company.

“I want to thank Fortress for the opportunity to help lead the company over the last few years,” said Mr. Mudd. “However, I do not want the uncertainty associated with a leave of absence, on my part, to become a distraction for either Fortress or its investors, and thus, I have decided to resign.”

Randal A. Nardone, Fortress principal and co-founder, will continue to serve as interim chief executive officer.

“We regret losing Dan,” said Fortress Principals Peter Briger, Wesley Edens and Randal Nardone. “We want to thank him for his leadership and for his many contributions to Fortress.”

About Fortress

Fortress is a leading global investment manager with approximately $43.6 billion in assets under management as of September 30, 2011. Fortress offers alternative and traditional investment products and was founded in 1998. For more information regarding Fortress Investment Group LLC, please visit www.fortress.com.