Wes Edens is an entrepreneur. Some people address him as Wesley Robert Edens. The businessman is famous for his major investment projects.
He is the co-owner of the Milwaukee Buck’s Basketball club. The club plays in the national basketball Association league.
Wesley and Marc purchased the club from businessman Herb Kohl. They acquired the Milwaukee Buck’s team for $550 million. The duo bought the team in 2014. Wes Edens is also the co-founder and a co-principal of the Fortress Investment Group. The headquarters of the Investment firm is located in New York.
Wes Edens studied in the University of Oregon. Wes Eden’s academic qualifications are not to be questioned. He was regarded as the smartest student back in school.
He finished his course and graduated in 1984. He earned himself a degree in Science in finance and business administration. He started working in 1987. This was three years after leaving school.
Eden First experience at work was at Lehman Brothers Company. Edens role at the company was a managing director and a key partner. He worked at the firm for seven years. Edens felt that his time at the company was over and reigned in 1993. He decided to pursue something different. Edens wanted to increase his increase his experience in the financial field.
Later, he joined Blackrock’s company which by then was private equity. Edens worked for Blackrock’s until 1997. He worked at the company as a partner and managing director. The financial expert ensured that various business areas in the company were running as required. In 1998, Wes Edens merged with four other principals who were also venturing in the financial field. The five principals founded the Fortress Investment Group. The co-principals were Peter Briger, Wes Edens, Robert Kauffman, Randal Nardone and Michael Edward.
By 2009, the Fortress Investment Company had sold over 8% of all their shares which totalled to $600 million. Edens has been recognised as a reliable catalyst for all the success witnessed at the firm.
Being a financial expert, Edens oversaw the achievement of the Springleaf financial services. After he purchased the services, he also made sure that the Fortress Investment Company became the majority stakeholder.