When policies and regulations affecting the way banks issued loans to businesses were implemented into law, there was a group of investors that decided to offer alternative assets investments. As a relatively new industry, the alternative asset investment industry has helped turn around businesses that were facing closure as well as providing assets in growing businesses. One such group is the Fortress investment which was co-founded by Wes Edens. For years the group has worked with businesses on many fronts to ensure their continuity and eventual success. The investment firm that issues private credit and equity and the dedication of a team that is focused on the growth of their investor’s returns. As the firm continues to grow, under the leadership of Wes Edens, the number of activities and ventures keep rising.
View Wes Edens’s profile on Linkedin
Recently, the group pledged their initial public offering on NASDAQ which is expected to earn the investment group as much as 100 million dollars. The funds, initially, were to be directed to the newest venture for the firm, which is the supplying natural gas in Jamaica as well as improving the infrastructural needs of the community. Claims that are yet to be confirmed since IPO may take a while before it happens. The New fortress venture, headed by Wes Edens has shown much growth aspects and seem inclined to be successful. The New Fortress venture is quickly spreading from the three Jamaican terminals, there are developments in Puerto Rico, Ireland, and Mexico. Wes Edens’ New fortress was initially established in 2014 by the Fortress investment group for the gas-power venture in those three areas, as the new Fortress Energy company.
Wes Edens has participated in a number of business ventures some of which are drawn from his hobbies and passions. He is the co-owner of the Milwaukee Bucks NBA team, a renowned skier, entrepreneur and recently he added hotelier to his resume. With his track record, the gas company under the fortress umbrella is set to experience much growth and success in the delivery of gas and infrastructures needs in the said countries. The success of the company has already started to be seen with Ita rapid growth from the initial goal, Jamaica, to other countries.
Read more: https://www.fortress.com/about