Wes Edens co-founded the Fortress Investment Group. He has been with the company ever since it was established in 1998, and he developed a great working relationship with his co-founders, Rob Kauffman and Randal Nardone. Before the establishment of the company, he, along with his co-founders, was working for several financial institutions. They decided to start up a business that also offers the same services, and they were optimistic that their business would flourish because of the high demand for such services. Wes Edens has to resign from his job, and after he established the Fortress Investment Group in 1998, he started focusing on various strategies that would help them catapult to success.
One of the strategies that he developed would be persuading business owners to take advantage of their financial services. He also told his co-founders that they would have to focus on giving their clients a world-class service, while at the same time, doing everything that they can to increase their assets and provide them with greater profits. Because of their knowledge in the field of investing and trading, it was not difficult for the founders of the Fortress Investment Group to turn their clients’ assets into millions overnight. The news about their capabilities spread like wildfire, and the founders started to notice a tremendous increase in the number of people who wanted to avail of their services. The assets managed by the company expanded from millions to billions after a few years, and today, they are managing more than $65 billion worth of investments.
Wes Edens was a prominent figure in the transformation of the company, and because of his skills in managing finances, the company became recognized as one of the fastest growing private equity firms in the United States. He also pushed for the idea of introducing the Fortress Investment Group to the New York Stock Exchange. They introduced the company as an IPO and sold more than $600 million worth of shares to the public. It further cemented the company’s reputation as a leading private equity firm in the United States. Aside from managing the Fortress Investment Group, Wes Edens is also known for investing in sports teams. He purchased the franchise for the Milwaukee Bucks, who plays for the National Basketball Association. He is also the current manager for FlyQuest, which is a team dedicated to playing e-Sports. He also purchased the Aston Villa football team, and he also invested in transportation through his company called the Brightline Train.