Tag Archives: business interests

How Wes Edens Help Create A Private Equity Giant

There are many Wall Street executives who hope to become a big player in the business. One executive has not only become a power on Wall Street, he has become a legend in the world of transportation and sports as well. That executive, Chairman and Founder of Fortress Investment Group Wes Edens, is known as an innovator in many different industries.

As the head of Fortress Investment Group, Mr. Eden overseas over $70 billion dollars in assets from a portfolio of over a hundred companies. For over two decades, Mr. Edens has helped Fortress Investment Group go from a modest player to one of the biggest giants in the world of private equity.

Wes Edans founded Fortress Investment Group in 1998 along with partners Randal Nardone and Peter Briger. Over the next decade, the company grew by leaps and bounds. And on February 9, 2007 Fortress made history by becoming the first private equity company to go public on the New York Stock Exchange.

In addition to being a Wall Street executive, Wes Edens is also a bit of innovator in the world of transportation. Mr. Eden is the owner of Brightline, the only privately owned and operated passenger train company in the United States. The Brightline high speed train allows passengers to commute to and from Miami to Ft. Lauderdale in just 30 minutes. In addition to the quick commute time, passengers can relax in leather chairs, enjoy food service and free wi-fi.

Those who live in the Midwest may know Wes Edens as the co-owner of the Milwaukee Bucks NBA basketball team. In addition to his ownership of the Bucks, Mr. Eden is also a co-owner of the Aston Villa Soccer Club. In partnership with Egyptian billionaire Nassef Sawiris, Mr. Eden purchased the Premier League soccer club in the middle of 2018.

From private equity to transportation and sports team ownership, Wes Edens has blazed a trail in many industries. Today, Mr. Edens continues to run Fortress Investment Group with his founding  partners. As he enters his next decade in business, Wes Edens will seek to further expand his business interests. Nassef Sawiris and Wes Edens buy Aston Villa controlling stake