Wes Edens: Chairman OF Fortress Investment Group

Fortress Investment Group entered the history books in 2007 up-and-coming the analysis of America’s first private equity investment firm be publicly traded on an open market. This staggering moment in history would not have been possible without the leadership staff behind Fortress Investment Group. The company was originally founded in 1998 with the help of five principal founding members. These five members included Wes Edens and Peter Bridger. Wes Edens is an American businessman and private equity investor as well as a prominent owner of several sports teams. He currently owns a team that is a member of the national passable Association which is known as the Milwaukee Bucks. This team is based out of Milwaukee Wisconsin. He also owns an electronic video game sports team that plays the video game league of legends. This team is known as FlyQuest.

While Wes Edens has a long and extensive history, he initially received a bachelors of science degree from Oregon State University in 1984. He graduated with a degree in both finance and business administration. After receiving his formal education, he went on to begin his career in the finance industry by working for Lehman Brothers. At Lehman Brothers firm he served as a managing director until the year 1993. In 1993 Jesus corporations and began to work at Blackrock asset investors. He worked at this company until 1997 as a partner and managing director for the investment firm. In the following year, he departed from the company and launched his own startup business along with the help of four other members. The investment style that he used in the launching of this company has been detailed by numerous publications.

It has been styled as being an investment process that is based upon betting against the odds and creative financing. Through his use of lucrative investments, he has managed to help build numerous businesses and had a hand in helping Fortress Investment Group become the first publicly traded private equity firm in the spring of 2007. On February 9, 2007, Fortress Investment Group went public with its initial public offering. During its IPO 8% of the company was sold to the public for a total sum of $600 million. Since then the company has experienced explosive growth and in 2017 was purchased by Japanese technology giant Softbank group. This buyout created an immediate increase in valuation of the Corporation by $140 million due to a $2.25 premium paid on the company’s stock price during the buyout.

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