Wes Edens, the Co-principal and chairman of the Fortress Investment Group

At times Wes is referred to as Wesley Edens. He is recognised as a prosperous businessman, a private equity investor and a sports club owner. Wes Edens joined hands with other four principals to come up with the Fortress Investment Company. The financial experts generated a very remarkable idea. Their effort is evident till to date. Fortress Group exists because of them. Wes Edens is known to possess dazzling managerial skills. This was witnessed in a news journal called the ‘the wall street’.’

The Journal portrayed Wes Edens as a brilliant financial expert. It described him as a professional who was modelled and blended with all the qualities that define a chairman of a leading organisation. This was also reflected in other finance journals. Together with his four co-principals, Peter Briger, Randal Nardone, Robert Kauffman and Michael Edward they made the firm to be the first private equity institution to undertake a public trade.

In 2009, after becoming a public entity, Fortress Group had registered a sell off 8% of its shares. The shares sold went for $600 million. The company’s assets under its management consisted of both Private equity investment vehicles and publicly traded alternatives. Real estate, cars, four hedge funds and over fourteen private equity funds that belonged to the firm were all transformed into the public.

In December 2006, a Japanese holding firm purchased 15% of the Fortress Investment Group shares which went for $888 million. Edens together with the other four co-principals became instant paper billionaires. It was a celebration for the team. Wes Edens is known to possess a low profile. He lives a humble life. He amicably relates to all Fortress workers.

Before Edens met with his colleagues, he had served in various institutions. Edens first working station was at Lehman Brothers Company. He served at the Institution till the year 1993. Wes called off his contract and decided to pursue another role in a different firm.

Wes Edens served at the Lehman brother’s firm as a managing director and a partner. Edens landed another job at Blackrock’s firm. The organisation was private equity at that time. Edens served in the organisation until the year 1997. He worked at the firm as a managing director and a partner.

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