Wes Edens, the cofounder Fortress Investment Group, is a sports enthusiast with a rich background in finance and management. He is a graduate of Oregon State University with a Bachelors of Science, Finance and Business administration,1984. Edens serves as Fortress Investment Group’s private equity Chief Investment Officer and invests in multiple industries such as; media, healthcare, financial services, transport, infrastructure sports, and real estate.
Before co-founding Fortress Investment in 1998, Wesley Robert Edens was a Partner at BlackRock Financial Management Inc. as well as the Managing Director. Before BlackRock Wes also served in a similar capacity at Lehman Brothers. Mr. Edens’ outstanding leadership capabilities and wealth of knowledge have enabled him to serve as either chairman, director or even both in several high profile organizations. Some of these organizations include; New Residential Investment Corp, Gatehouse Media LLC., Florida East Coast Railways Corp, Drive Shack Inc., Mapeley Limited, Eurocastle Investment Ltd. and Newcastle Investment Holdings.
Wes Edens has been instrumental in creating Fortress Investment Capital’s culture of Investment performance. The company is known for always seeking to generate strong risk-adjusted investments for over 1,700 institutional and private investors in its portfolio worldwide. Wes Edens has guided Fortress Investment Capital to a tremendous growth over the last two decades it has been in operation. From an initial capital of $400 million and 28 employees, the firm today boasts of more than 1000 staff distributed in 15 offices around the globe and managing $41.4 Billion in assets. The firm continues to operate as an independent outfit though Softbank purchased it in 2017 for $3.3 Billion.
Wes Edens’ enthusiasm in sports drove him to buy Milwaukee Bucks NBA franchise together with a partner in 2014 for $550 Million. As ‘lifelong football fans’ he together with Egyptian billionaire Sawirisas invested in English Championship side Aston Villa not only as a business opportunity but to also push the sports agenda. Though the sports investment in football is capital intensive, Wes has a chance to turn roundtables and make Aston Villa one of the successful clubs in England. When Edens purchased Milwaukee Bucks, he promised to build a new stadium to make sure the club remains in Wisconsin. The stadium is in progress. Aston Villa is the next project which he hopes to take it back to the first division to increase the revenue base.
Visit his website: http://www.wesedens.com/