Wes Edens: A Short Bio

Wesley Robert Edens, graduated from Oregon State University in 1984. He majored in finance and after graduating, Wes Edens worked for California Savings and Loan, Smith Barney, and Merrill Lynch. By 1987, he rose to the managing director position at Lehman Brothers where he was focused in on mortgage trading. In 1998, Wes Edens joined Fortress Investment Group and has served as the board of directors since 2006. After the Fortress Investment Group went public in 2007, it was reported that Mr. Edens had a stake in the company that was worth approximately $2.3 billion, which amounted to around 18% of the company. Mr. Edens has been known as a philanthropist and tenacious in his work ethic. His devotion to new tasks at hand will serve him well into the future as it already has throughout the course of his life.

Wes Edens, one of the founding members of Fortress Investment Group, has recently made a purchase some of us can only dream of achieving. Back in July 2018, Aaron Kirchfeld and David Hellier reported through Bloomberg.com that Wes Edens and Nassef Sawiris, an Egyptian billionaire, have both agreed to purchase a majority stake in Aston Villa, a premier soccer team which has had recent success in the form of attending the Championship final in London this past May. Mr. Eden’s investment has been following a recent trend of wealthy business owners acquiring large stakes in foreign sports teams.

In 1998, Wes Eden along with Randal Nardone, who also serves Fortress Investment Group as a principal, and Rob Kauffman, who retired back in 2012, founded the Fortress Investment Group after leaving highly regarded positions at Goldman Sachs, BlackRock Financial Management, Lehman Brothers, and UBS. In 1999, the Fortress Investment Fund launched their first investment vehicle, named Fortress Investment Fund I. Seven years later, the Fortress Investment Fund I expanded to versions II-IV. The company has acquired the largest ski resort in North America, Intrawest, back in 2007.

Read:https://en.wikipedia.org/wiki/Wes_Edens

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