Wesley Edens is the co-founder of Fortress Investment Group, a private equity firm. He was a partner at BlackRock Financial Management and held the managing director position. Edens held the same status in a different firm known as Lehman Brothers. Fortress Investment Group was founded in 1998 by Wes Edens and other two principals that is Randal Nardone and Rob Kauffman who is retired in 2012. They had experience in the investment sector that helped Fortress survive the initial start-up stage and grow to be the company it is today. Fortress made history for being the first large-scale private equity firm to announce its initial public offer and go public to successfully trade in the New York Stock Exchange (NYSE).
Currently, Fortress has expanded its operations to different parts of the world with its headquarters situated in New York. Two of the current principles are based in New York that is Nardone and Wes Edens while the other Peter Briger is based in San Francisco. Fortress has over 900 employees who deliver quality service to the vast number of clients all over the globe. Fortress specializes in corporate mergers and acquisition, capital markets, operation management and asset-based investing among other things.
Wes Edens together with the Egyptian billionaire Nassef Sawiris co-own a company that recently bought the majority of stake in Aston Villa an English football team. The team has had its moments of fame and downfall, Edens together with his partner Sawiris are looking forward to working with the existing management to restore the team to its former glory. Edens love for sports is evident since, in 2004, he invested in the Milwaukee Bucks an NBA team. A total sum of $550 million was laid down by Wesley Edens and his partner to purchase the Milwaukee Bucks and promised to build a bigger arena for the team. The stadium will be situated in the same area of Wisconsin since the team is iconic to the city. Wes Edens successful career is attributed to his educational background, he attended Oregon State University and received a bachelor of science degree in Finance and Business administration in the year 1984.