Ever since it was established by its three principals, Wes Edens, Randal Nardone and Rob Kauffman, Fortress Investment group displayed high potential for growth, and within a few years, it was already setting the pace for other asset management firms and private equities. For instance, it became the first private firm to ever go public, an activity which took place during 2007’s New York Stock Exchange.
Today it oversees assets worth over $40 billion and has over 1750 investors as its clients in various sectors such as private equity firm, hedge funds and many others. Its exponential growth can be attributed to its impressive panel of leaders which today includes Wes Edens, Peter Briger and Randal Nardone. Before joining heads to establish Fortress, all three principals had remarkable career backgrounds in finance, and when they brought this to one table, there was no doubt that Fortress was meant to soar.
For instance, before coming to Fortress Investment Group, Wes Edens worked with various top-shelf companies in the world of finance such as the Lehman Brothers where he was served both as a partner and managing director. He also worked at Black Rock where he served the same roles. Besides his lucrative career, Mr. Edens great leadership and finance skills can be attributed to his impressive academic background as he is an alumnus of Oregon State University where he majored in the areas of business administration and finance.
Today, Wes focuses on the private equity department of Fortress which has been his area of specialization ever since its inception. Thanks to his proactive nature and positive attitude towards difficult situations, Wes helps steer Fortress to better and calmer waters with each wake.
As a businessman and investor, Wes Edens continuously comes up with innovative investments. For instance, he is the force behind the Bright line train operating in various areas, the most crucial route being the one between Miami and Fort Lauderdale. Through this route, Mr Edens has helped ease the lives of many commuters by reducing the congestion that was there before the rail system came into play. Additionally, the brightline train is the only rail system that is privately owned in the US.
Apart from being deeply engrossed in the world of finance and development, Wes Edens is an avid basketball fan. His love for sports saw him join hands with another sports enthusiast, Marc Lasry to purchase NBA’s Milwaukee bucks professional team for a whopping $550 million. When he is not busy focusing on his next strategy or business plan, Mr Edens can often be found supporting his tea, or backing eSports as he also happens to be the force behind Fly Quest.
Read More : www.wesedens.com/