Wes Edens, a well-known investor, attended Oregon State University, where he received a Finance and Business Administration degree in 1984. After that, he worked at two financial firms then was co-owner of Fortress Investment Group, a global investment management firm, headquartered in New York City. Wes Edens had many positions at his company, most recently their private equity chief investment officer, co-chief executive officer and president and head of private equity.
A Patch article talked about Fortress and how they became a trendsetter for other companies from the moment the company was founded. Fortress employs nine hundred people and has $43 billion assets for one thousand seven hundred fifty investors. They are involved in health care, real estate, financial services, media, transportation, infrastructure investments and they manage mergers, portfolio companies and specialize in capital markets. All of these factors have made them successful and knowledgeable about many industries. They continue to grow in the following ways:
1. Added two individuals to leadership roles.
2. Acquired some major companies.
3. Went from the world of private money to public.
4. Added international funds to their investment portfolios.
5. Opened headquarters in San Francisco, Shanghai and Singapore.
In 2017, Fortress sold the company to Softbank Group because they wanted the company to be able to have even more opportunities to invest worldwide.
Another article explains how Wes Edens became a sports team owner. He and his partner purchased a fifty-five percent stake in the Aston Villa soccer team. This team was formerly in a prominent Premier Soccer league, winning the European cup in 1982, but was playing for a second-tier championship division when purchased. The team’s co-chairman is hopeful that with Wes Eden’s and his partner’s business experience, along with his sports experience, they can build their team so it can become a successful premier team again in future years.
Wes Edens, not only plays an important role as part owner of the Aston Villa soccer team, but continues to play an important role in Fortress Investment Group and many other areas and will continue to do so.