Wes Edens is a private equity investor, co-founder of Fortress Investment group and also the founder of New Fortress Energy. He is the private equity chief investment officer, the president of private equity and co-chairman of his company as from 2009, August. Apart from that, he is also the chief executive officer and director of New Fortress Energy since 2018. Eden is known for publicly traded investment businesses and private equity.
The 57 year old man holds a bachelor’s degree in Finance and Business Administration in Oregon State University. Wes Edens started his career with California Savings and Loan. In 1987, Wes Eden joined Lehman brothers as a partner and managing director in mortgage trading division.Wes Edens later joined BlackRock in 1993 where he established his first private equity fund known as BlackRock Asset Investors.
Throughout his career, Wes Edens has involved himself with variety of public companies as either a chairman, director or the Chief Executive officer. These companies include; Fortress Credit Corporation, Drive Shack Inc., Mapeley Limited, Springleaf Finance Corporation, Nation star Mortgage, Florida East Coast Holdings Corporation, New Media Investment Group Inc. and many others.
Learn more about Wes Edens at newseniorinv.com
Working with Fortress Investment Group, Wes Eden together with his partners, made the company public selling 8% of its shares. He became the co-chairman of the Board of Directors and helped the company back to its feet after the stock price fall due to the subprime mortgage crisis. One of his many achievements is the purchase of Springleaf Financial Services which was known as AIG’s American General Finance. He became its majority stakeholder, acquiring 80% in August 2010. Eden used Springleaf together with Nation Star to build out financial services business within the Private Equity unit.
In 2014, Eden together with Marc Lasry bought Bucks from Herb Kohl for $550 million, becoming a co-owner of the NBA’S Milwaukee Bucks, a National Basketball Association (NBA). He then bought a majority stake of the English Soccer club Aston Villa in July 2018.
Wes Eden has extensive credit in private equity finance and management expertise. He has great experience as a partner and managing director of public companies.