Tag: Investment Expert

Wes Edens: Top-Earning Executive in Private-Equity Investment World

Wes Edens is the founder the chairman of the Fortress Investment Group in New York. He has also worked in various positions such as principal, private equity chief investment officer, Head of Private Equity, and a Co-Chairman. His duties revolve around private equity and alternative assets businesses. Wes is a co-owner for Milwaukee Bucks, which is a National Basketball Association in Milwaukee. This means that he has a special interest in sports. Wes has a B.S in Finance & Business Administration from the Oregon State University. His career life kicked off in 1987 where he worked at the Lehman Brothers as a partner and a managing director until the year 1993. Following that, Wes joined the BlackRock Asset Investors in the private equity division until 1997, still as a partner and managing director. In 1998, Wes Edens together with four other partners founded the Fortress Investment. One of the proclaimed articles from Wes is one that he released in 2007, The Wall Street Journal, that described the creative financing and bets on investments. Through the efforts of the five principals, inclusive of Wes, the company was able to trade publicly and sold shares to the public worth $600 million by 2009.

In 2009, Eden was appointed a Co-Chairman of the Fortress Group Board of Directors.Further to his service, Wes was the Chairman of Transportation and infrastructure Investors at Fortress since 2015 to 2016 May. In that trend, the company announced the introduction of the team in eSports, which later formed the League of legend team. Wes enjoys climbing mountains and horse jumping whenever he is not engaged in his daily duties and professional work. He is currently a board member of 13 organizations that are based in 30 diverse industries globally. They include New Media Investment Group Inc. as a Chairman, Springfield Finance Inc., Springfield Finance Corporation, OneMain Holdings, Florida East Coast Holdings Corp., Mapeley Limited, Drive Shack Inc., Fortress Registered Investment Trust, New Senior Investment Group Inc., Fortress Credit Corporation, U.S Ski and Snowboard Team Foundation, Newcastle Investment Holdings LLC, and Fortress Investment Group LLC. He has served in different capacities giving his excellent expertise in the cardinal matters affecting the company and the customers. His emphasis on excellence is beyond say.

Apart from his direct service to the above institutions, Wes has firm affiliations with the most leading organization in both investment world and the entire business sector. Many companies have sought out after his services and he is doing his best to deliver where he can through his leadership mentorship and expertise. The affiliations of these organizations is a clear indication that he is a dependable and reliable resource for many humans whose skills and knowledge should not be underrated. In addition to his knowledge riches, Wes Edens is a rich individual in terms of money that he takes home. This is from the reward in the business and personal ventures into transforming the business world. Wes takes home $54.4 million every year as recorded in the New York Times articles regarding the private-equity industry. This figure is inclusive of his compensations from Fortress Investment Group and dividends from shares.