Wes Edens is a household name in the U.S. investment industry who has made a name in the entrepreneurship business as well as the co-founder of Fortress Investment Group. Additionally, he is the owner of the National Basketball Association’s Milwaukee Bucks. He has far-ranging business and philanthropic ventures with a solid impact on major industries and people’s lives worldwide.
Fortress Investment Group was founded in 1998 and Edens has made a name for himself as the world’s most savvy and creative financial investor. Fortress grew from the grassroots as a mere boutique private equity company to a major global alternative asset manager. It manages over $42 billion in assets for various large and sophisticated investment partners. Read more about Wes Edens at jsonline.com
Fortress Investment Group has along the way acquired firms self-assured to capitalize on transformative changes in crucial global ventures. Some of them include financial services, energy, infrastructure, media and healthcare. Under Wes Edens leadership, Fortress Investment Group managed to finance the former Brightline passenger rail that is currently operated in a joint partnership with Virgin Group and its brand name changed to Virgin Trains USA.
Wes Edens also spearheaded the formation of New Fortress Energy Company whose mission was to dispense modern infrastructure solutions for the creation of clean and reliable energy while ensuring a positive economic growth globally. His desire was to change the energy footprint of an alternate Fortress portfolio firm, Florida East Coast Rail. His efforts focused on converting the newly established freight rail to use more efficient and cleaner fuel. Thus, he created the New Fortress Energy Company and Florida’s first ever liquid natural gas production plant (LNG) in Miami.
Away from his business and industry realms, Wes Edens has left an indelible mark in the professional sports sector. He became a partial owner of the NBA’s Milwaukee Bucks, a team whose fortunes have improved since his involvement in 2014. Additionally, he partnered with Naseef Sawiris, an Egyptian billionaire to acquire major shares in Aston Villa Football Club. He hopes to see the team rise back into the English premier league.
Additionally, Wes Edens and his wife, Lynn, work together to encourage and boost education in sectors that can address some of the world’s complex challenges. They proceeded to establish the Edens Professorship in Global Health program at Macalester College that is worth $2 million. This program centres on medical geography and health, an area covering a variety of topics affecting billions of people across the globe.