Wes Edens is a Co-Founder and chairman of Fortress Investment Group LLC, a global leader in the alternative-investment business. He co-founded the firm alongside Randal Nardone and Peter Brige. Edens has also been serving as the company’s Chief Investment Officer, president of Private Equity from 2009.
Before he joined Fortress Investment Group, Wes Edens was the managing director and partner at Lehman Brothers. He also served as a director and co-partner at BlackRock. He was the Chief Executive Officer of Newcastle Investment Holdings LLC, Eurocastle Investment Ltd, Global Signal Inc, Capstead Mortgage Corp and, Impac Commercial Holdings, Inc. Edens has also served the Union Bank of Switzerland as the Managing Director. Today, he serves as the principal and co-chairman of Fortress Credit Corporation and New Senior Investment Group Inc. He is also the chairman of Florida East Coast Holdings Corp, Mapeley Limited, New Senior Investment Group Inc., Coast Railway Corp and, Newcastle Investment Holdings LLC. He has a degree in Finance and Business Administration from Oregon State University.
Wes Edens is a professional with a unique approach to investment. He is known for turning distressed and indebted enterprise in thriving, profitable empires. He can work successfully even in challenging and hostile environments. Fortress Investment Group, Private Equity division was founded on Edens’ acute business understanding and ability to create capital –intensive enterprises from minimum resources.
Wes Edens is also a leader and investor in the sports world. Alongside Marc Lasry, he purchased Milwaukee Bucks, from Herb Kohl at the cost of $550 million. Wes promised that the team would not remove from Wisconsin. Instead, he would build a new sports complex to replace Harris Bradley Center. As a result, Wes led efforts to convert a previously empty piece of land into Wisconsin Entertainment and Sports Center, a thriving entertainment complex. Wes is also an enthusiast of e-sports. He is the owner of a League of Legends team, FlyQuest. The team takes part in the North American League of Legends Championship under the sponsorship of Fortress Investment Group.
This year, wes, together with Nassef Sawiris entered a deal with Aston Villa, a British football club. The deal involves substantial investment into the club. The investment, according to Dr. Tony Xia, will revive the club and bring back its glamour.