Wes Edens leads Fortress Investment Group‘s latest venture
Following the acquisition of Fortress Investment Group by SoftBank, the industry has been looking to see how the company progresses. SoftBank allowed for the company to retain its leadership circle and retain its headquarters in New York after speculations that it would be moved to Japan where SoftBank is located. One of the recent ventures of the company is the successful launch of the Brightline Train. The Brightline Train is the first ever privately owned and operated passenger train service to be launched in the United States. The train was launched mid this year on the routes Fort Lauderdale. The train is also set to pass through Palm Beach and parts of Orlando. The train has had an impressive reception form the public who get to enjoy the comfy leather seats, the Wi-Fi and food services as well. This project was headed by Wesley Edens, one of the co-founders of the company.
A look into the background and career endeavors of Wes Edens
Wes Edens has a degree in finance and business administration from the University of the State of Oregon where he graduated from in the year 1984. In the year 1987, he began his career journey with a partnership and managing director role at the Lehman Brothers financial firm. He left the company after six years and joined BlackRock where he was given similar roles until the year 1997. A year later, Wesley Edens joined forces with two other financial gurus by the names, Randal Nardone and Robert Kaufman and launched Fortress Investment Group. The company started out as a simple hedge fund and investment company but has since then grown into one of the world’s leading asset management firms managing more than 70 billion worth of assets. Wesley Edens serves the company as a co-chairman and an interim CEO.
Other than Fortress Investment Group, Wes Edens also owns two sports club. These are; the recently acquired Aston Villa Soccer Club in England and the Wisconsin Milwaukee basketball club that he acquired back in the year 2014. He is also involved with the Nationstar Mortgage Company which he serves as the Chairperson.