Wes Edens has been instrumental in the establishment of Fortress Investment Group which is one of the larger asset management companies in the United States of America. Wes Edens is a graduate of Bachelor of Science in finance and business administration from the Oregon State University in 1984 which has played a vital role in his success. In 1987, he started his career at Lehman Brothers where he worked as a managing director. This was a good starting point towards a successful career in the investment world. He later moved to BlackRock Asset Investors as a managing director where he performed exceptionally well to position the company in a good profit margin. With such successful trend and experience in the two investment firms, Wes Edens and five other moved to form Fortress Investment Group in 1998.
Wes Edens has been successful in the management of the investment firm and in 2007 he received commendation from the Wall Street Journal. Here, he described his investment plan which revolved around creative financing, constraints bets building businesses from investments. The company increased in profits and the management opted to open up more market trading opportunities by making the company public. As such, in 2009 the company sold 8% of its shares to the public at a cost of $600 million. Wes Eden’s fortunes continued to increase after the Japanese company Nomura Holdings bought 15% stake in Fortress Investment Group. Wes Edens and the other five principles made a lot of returns from the sale wrecking in billions of dollars.
Due to the success story of being a good manager, he was later elected as the Co-Chairman of the board of directors of Fortress Investment Group. Wes Edens is also the owner of Milwaukee Bucks; this is one of the top performing basketball teams in North America basketball ball league. As such, he has vested interest in the world of sports where he has promised to invest in the construction of new basketball pitch. He has been elected as the chairman of Nationstar Mortgage which is one of the leading mortgage lenders in the US. Initially, it was known as Centex Home Equity Company, LLC which was responsible for transforming the housing and construction of over 33,000 houses. Wes Edens has a rich family history, he is married to Lynn and they have four children. As such, he has been very instrumental in the success of many investment firms and he has left a legacy to be emulated.