Alternative investment firms take lumps in aftermarket

The window for an initial public offering closed pretty quickly for most alternative investment firms, which were lining up to follow the likes of the Blackstone Group, Och-Ziff and Fortress Investment Group. In hindsight, for the few that managed to sell their shares, it's unclear whether the IPO was a blessing or a curse. They sold their shares at a decent price, but the aftermarket, as Fortune notes, has not been kind. Fortress and the Blackstone Group are down about 50 percent, with Och-Ziff not far behind. Still, you have to wonder whether this is a buying opportunity. There are those who believe the worst is over and that the top alternative investors are laying the groundwork for a revival of sorts, via distressed funds for example.  

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