Principal and Co-Chief Investment Officer continue to lead Fortress Investment Group after the acquisition of the company by SoftBank Group Corp. Wes Edens Co-Founded Fortress Investment Group in 1998 and quickly transition to Company from startup investment firm to a powerful global conglomerate that heavily trades in alternative asset vehicles.
Wes Edens was educated at Oregon State University where he received his Bachelor of Arts Degree and also Masters in Business Administration as well. After graduation, he began a successful career with Lehman Brothers and quickly advanced within the organization and became a partner and managing director until the transition from the company in 1993.
During his tenure at Lehman Brothers, Wes Edens established himself as an intellectual and analytical astute investor in alternative assets and became one of the more respected and highest performing investment managers within the firm. After his career at Lehman Brothers, he went to BlackRock Private Equity Division of BlackRock Asset Investors where he held the position of partner and managing director as well. Mr. Edens generated a lucrative portfolio for himself at the investment firm.
In 1998, Wes Edens and 5 partners formed the Fortress Investment Group and quickly became one of the more respected and renowned investment firms within the nation. The founding members of Fortress Investment Group were, of course, Wes Edens, Peter Briger, Robert Kaufman, Randall Nardone, and Michael Edward. They formed the organization and quickly began to accelerate profitable returns on investment for themselves and their investment clients. In fact, in 2007, they became the first buyout firm to be traded on the New York Stock Exchange. The success of Fortress Investment Group and Wes Edens created diverse opportunities for investment in multiple different asset classes. In fact, Wes Edens is co-owner of the Milwaukee Bucks and has generated a respected return on investment from the acquisition price in comparison to the current value of the organization.
He is one of the more visible and active owners in the NBA and has created a culture within the Milwaukee Bucks organization that has solidified it as one of the up and coming contenders within the NBA. Fortress Investment Group manages various areas of alternative assets including real estate, hedge funds, private equity funds and various other alternative investment instruments to produce high rates of return on investment for its clients. Fortress has over 1750 individual and institutional clients and has a portfolio of assets under management valued at well over $70 billion. After the acquisition of Fortress Investment Group by SoftBank Group Corp, the leadership within Fortress continued as normal with Wes Edens at the helm.
SoftBank group Corp is a company that specializes in global technology and is quickly pursuing investment opportunities to enhance and propel the information revolution around the globe. SoftBank strategically decided to keep all of the executive team and other management staff to provide stability and consistency in the business model and other congruent aspects of the organization and make an easy transition to foster continued growth within Fortress Investment Group.
Contact Wes Edens: www.industrialareasfoundation.org/topics/wes-edens
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