Wes Edens: A Leading Example in Investment World

Wes Edens is the founder of Fortress Investment Group, a private equity firm, and a co-owner for Milwaukee Bucks. He founded the company, Fortress Investment Group, in 1998 and serves as a co-chairman of seven-member board teams in the same company. Wes Edens is said to take home a pay of $54.4 million every year as featured in the New York Times article. This is in regard to his total compensations and the dividends that he receives from the company every year. Wes Edens is a businessperson, an investor, and an owner of a sports team. He owns the League of Legends team, FlyQuest as well. Wes went to Oregon State University where he received a B.S in Finance & Business Administration. His bright career journey began in 1987 when he was a great managing director and partner at Lehman Brothers until 1993.

Wes Edens moved on to BlackRock Asset Investors, a private equity division and served until 1997 as a managing director and partner. Later, Wes founded Fortress Investment Group in 1998 and he continues to serve with other four executives in the team. They comprise of Peter Briger, Robert Kauffman, Michael Edward, and Randal Nardone. He became famous when his investment input was featured in The Wall Street Journal article in 2007. Under his leadership, Fortress has continually made incredible steps in the investment world. By 2007, the company had gained a lot of publicity in the market and this led to increment in the assets in the company. For instance, the company had several assets under the management which included both the publicly traded alternative investments vehicles and private equity.

There were fourteen private equity funds, two real estate vehicles and four hedge funds that went public. This contributed to the turnaround of Wes’s salaries and dividends. In 2009, Wes became the co-chairman of the Fortress Board of Directors. In this capacity, he helped the company to build its stock systems. He also served as chairman for transportation and infrastructure Investors LLC at Fortress since 2015-May 2016. In 2017, the company announced the formation of eSports team known as FlyQuest that is currently known as League of Legends. His hobbies are mountain climbing and horse jumping. Fortress Investment Group is a global firm that offers investment solution in form of assets since it was founded in 1998. They have over 1,600 clients in different institutions handling services in line with private equity, credit, asset management, and liquid hedge funds among other investment strategies.