Also known as Wesley Edens, Wes Edens is a private equity investor, businessman and sports team owner. As a co-founder of Fortress Investment Group, Edens serves as the company’s equity chief investment officer having invested in several industries such as financial services, media, real estate, healthcare, and transportation.
Investment performance is the cornerstone of Fortress Investment Group and under the leadership of Edens, the firm has managed to oversee the management of assets of more than 1,750 clients and private investors globally.
Edens’ Previous and Current Engagements
Prior to co-founding the Fortress Investment Group, Wes Edens acted as a partner at BlackRock Financial Management Inc. Here, he was also the managing director. Additionally, he previously assumed the role of a partner and managing director at Lehman Brothers.
A few years back, Wesley Edens acquired the title “New King of Supreme Lending,” a title given to him by The Wall Street Journal, especially after the Fortress Investment Group went ahead to purchase Springfield Financial Services, a subprime lender under the leadership of Mr. Edens.
Under the leadership of Wes Edens, Fortress Investment Group went ahead to purchase Centex Home Equity Company LLC, another subprime mortgage lender. As of now, the company has changed its name to “Nationstar Mortgage” where Mr. Edens acts as the chairman.
It’s not always work and no play for Wes Edens. Apart from what appears to be a busy schedule, Edens constantly takes some time off to relax. Along with his business line of finance, Edens is a huge sports fan. In 2014, he partnered with a friend to purchase the Milwaukee Bucks at around $550 million. To ensure that the team remains in Wisconsin, he promised the former owner that he would build a new state-of-the-art arena for Milwaukee Bucks.
Edens’ success didn’t come by luck. He prepared for a career in the field of finance and business by ensuring that he studies carefully matters to do with finance and business administration. It was at Oregon State University that Edens enrolled and subsequently received a Degree in Bachelor of Science in Finance and Business Administration.