Wes Edens is known as one of the top investors in the business world. He has had a lot of success investing in distress assets as well as sports teams. He is one of the founders of Fortress Investors group, the world’s largest alternative asset management company. Fortress Investments handles billions of dollars in customer assets.Wes Edens is a graduate of Oregon State University. He studied Bachelor of Science in Finance and Business Administration. After his graduation, he landed a job as Lehman Brothers’ managing director. After six years, he moved to BlackRock Asset Investors where he served as a partner and managing director. After a few years he formed his first private equity fund, BlackRock Asset Investors.
Throughout his career, Wes Edens learnt how to properly invest money. The success he got from his personal ventures gave him the confidence and fuelled his desire to learn more about asset investment. As a result of his eagerness to learn, he became quite skilled at investing. His skill in investing together with his experience in business management is what gave his friends Randal Nardone and Robert Kauffman the confidence to go into business with him.In 1997, the trio, Wes Edens Randal Nardone and Robert Kauffman joined UBS to invest its money in distressed assets. Realising they have a common goal and skills that complement each other, they decided to build a company together. A year later, Fortress Investment Company was born. Wes Edens’ experience in investing has been very useful to the company. Under his guidance, the company has made many successful investments that have seen it reword investors with handsome profits.
Being one of the owners of the world’s leading alternative investment firms made him a billionaire. However, his interest in making profitable investments was not quenched the success he had in Fortress Investments. He saw a business opportunity in sports and bought a basketball team, Milwaukee Bucks. This investment proved successful. As a result, he spearheaded the formation of an e-sports team handled exclusively by Fortress Investments. The e- sports team, FlyQuest competed for the league of legends.Considering his success rate in ivesting, the Wall Street Journal did an article exposing Wes Edens’ unique investment style. The article focused on his unique methods of investments with hopes of inspiring investors to think outside the box. His skill in investment is his strength and secret to success.