Carl-
If you can answer the question, “Why is Blackstone a better stock investment than Fortress”, then you might go ahead and make the investment.
Personally, I don’t know the answer to that question, either way.
edit – $31/share … public trading opens tomorrow.
Anyone buying? On the one hand, FIG is worrisome. On the other hand, the “subscriber” count for the IPO was crazy, and there seems to be lots of non-US demand for the stock.