Background Information on Wes Edens

Wes Edens is a private equity investor, sports team owner and the Co-founder of both the Fortress Investment Group and the New Fortress Energy. He has served in the financial sector for over 20 years and attained financial success and freedom. At an early age, Edens engaged in skiing activities and other sports. In 2018, the business guru invested in Aston Villa, an English Championship Club. In 1994, he graduated from the Oregon University with a degree in Finance and Business Administration.

The financial and administrative skills have been instrumental in running the operations of Fortress Investment Group and other business ventures. In his capacity as the Chairman of the group, he has seen its expansion in different parts of the globe. Away from investment, Wes Edens is keen on transforming the society and contributes through the Edens Family Fund that promotes research on climate change. His interest includes mountain climbing and horse jumping.

Wes Edens Contribution to the Fortress Investment Group

Wes Edens acts as one of the Fortress Investment Group principals. Other partners include Pete Briger, Rob Kauffman and Randal Nardone. The group was founded in 1998 and has significantly grown over the years. In 2007, the Company was public traded in NYSE. After the Nomura Holdings acquired 15% of the Fortress Investment Group, Wesley and his partners became billionaires. By 2009, the group had managed to sell more than 8% of its shares valued at $ 600 million to the public. Consequently, it was named the Hedge Fund Manager of the Year in 2014.

Before the creation of the group, Wes Edens worked in different organizations such as the BlackRock Finance Management Inc and Lehman Brothers. His career in Lehmann Brothers commenced in 1987 and held the position of the director. He later headed the equity division of the BlackRock Financial Management Inc. He worked with Randal Nardone who was a partner in the organization. He oversaw the purchase of the Springleaf Financial Services thus making the group the majority shareholder in AIG’s American General Finance. Wesley also serves as the Chairman of the Nation star Mortgage. The company was previously known as the Centex Home Equity Company being acquired by Fortress in 2006.

Learn more: https://www.wealthx.com/dossier/wesley-robert-edens/

Leave a Reply

Your email address will not be published. Required fields are marked *