Tag Archives: sports investments

On the Rise of Wes Edens and Fortress Investment Group

American Wes Edens is one of the most successful individuals around when it comes to business and investing. He is an important figure within Fortress Investment Group, an organization that he is proud to have co-founded about two decades ago. Nationstar Mortgage benefits significantly from having Edens as its chairman, and so does Springleaf Financial Services. These are both popular lenders when it comes to home equity mortgages.

The NBA’s Milwaukee Bucks are currently thriving under Wes Eden’s ownership, and so is his professional eSports team, which is known as FlyQuest. Basketball and League of Legends may be very different games, but, nevertheless, Edens has found that investing in competitive teams is a great alternative investment opportunity and can bring strong profits. In the United Kingdon, Wes Edens and an Egyptian investor collectively took a majority stake in the Aston Villa Football Club. This is a competitive soccer team may very well be competing in the ever-popular Premier League very soon. Edens has a great track record when it comes to his sports investments, and it is doubtful that Aston Villa will be any different.

Wes Edens holds a business and finance degree from Oregon State University, which he got in 1984. His professional career began inside the Lehman Brothers’ organization, where he impressively worked his way into the managing director role in only six years at the company. 1993 saw Edens join Blackrock Asset Investors, where he worked proudly until 1997. Fortress Investment, the private equity firm that made him the bulk of his enormous fortune, was co-founded by Edens and his partners a year later in 1998. Much like Wes Edens’ personal investment strategy, alternative investments were soon added to the company’s already successful private equity endeavors.

Another endeavor by Fortress Investment Group and Wes Edens is the Brightline rail company, which is currently seeking to increase public transportation options for citizens in Florida, but there is hope for expanding the company’s routes to other states as well. Aston Villa: Wes Edens & Nassef Sawiris to make ‘significant investment’ in club