Wes Edens is one of the current Principals behind the foundation of Fortress Investment Group. He co-founded the firm together with Randal Nardone and Rob Kauffman. The three aimed at creating an alternative asset investment firm that would raise funds in private equity and consequently invest in cutting-edge vehicles. The founders of the Fortress Investment Group possessed a deep understanding and vast experience from their past positions in the financial industry. As such, the firm had the required assets to manage the rapidly growing amount of assets. After a period of about 15 years, Kauffman retired from the firm leaving Nardone and Edens to actively run Fortress. In 2002, Peter Briger and Michael Novogratz joined the company. Over the years, Fortress Investment Group has emerged as a global leader in the field of alternative investments under the leadership of these skilled leaders.
Wes primarily handles the Private Equity Division at Fortress. It is the major pillar upon the establishment of the company since 1998. Edens heavily relies on the investment approach to driving substantial returns from distressed assets. The approach is reliable as it can tolerate even the most complex issues in capital markets. Through this approach, he used unstable situations as an opportunity to gain funding for businesses that require intensive capital. Wes is always ready to solve even the most complicated cases; making him the most suitable candidate for the Private Equity Division at Fortress. In addition to his career in the financial industry, Wes Edens is a professional sports enthusiast. He owns various sports teams including the Milwaukee Bucks of NBA which he bought together with Marc Lasry in 2014. He is also the owner to FlyQuest, which he uses to back eSports League.
The League comprises of Legends’ teams. Fortress is an active supporter of his team. Most recently, Edens is making plans to purchase a huge stock in the Aston Villa football club together with an Egyptian billionaire, Nassef Sawiris. The agreement between the two is to combine their funds towards supporting Aston Villa in its success in the English Premier League.In other news, the Brightline train service by Wes Edens started operating at the beginning of the year in Miami. It serves as the only private initiative passenger train system covering different areas in the U.S. Its services seek to minimize traffic and provide commuters with a safer means of transport. Before his debut at the Fortress Investment Group, Wes Edens served as the managing director and partner at BlackRock and Rehman Brothers. He owns a major in Finance and Business Administration from the Oregon State University.