Wes Edens can be known for a few different things, depending on your viewpoint; many may know him as the owner of the National Basketball Association’s Milwaukee Bucks. Others will know him better as a highly successful investor and entrepreneur; after all, it was this career that put him in a position to purchase the basketball team in the first place. Over the past few decades, Wes Edens has become known for being an investor, entrepreneur and business leader; however, it’s probably co-founding Fortress Investment Group that could be considered his crowning achievement.
Mr. Edens helped found the company in 1998, and over the following two decades he became known as one of the financial world’s most creative and innovative investors in the United States. Initially, Fortress Investment Group was known as a boutique private equity firm; now, however, it’s a global brand that manages assets to the tune of $42 billion for some of the world’s most sophisticated investment partners. However, neither Wes Edens nor Fortress Investment Group was satisfied with just managing other peoples’ investment. Over the past twenty years, the company has invested in or acquired a significant amount of companies across a range of different industries. These include the likes of energy and infrastructure, financial services, real estate, healthcare, and media. To know more about him click here.
One of the most notable investments that Mr. Edens worked on was that of the former Brightline passenger rail; Fortress Investment Group invested alongside the Virgin Group. The rail system was eventually called Virgin Trains USA and became the first privately funded and operated inter-city passenger rail system in the United States in over a century. With a Miami to West Palm Beach line already in place, Wes Edens has been pushing to get a few other routes established; chief among these has been an extension of that Florida line to Orlando and Tampa. Furthermore, Mr. Edens has been pushing hard for a passenger route between southern California and Las Vegas; this is something that many people seem to be demanding. As a result, Wes Edens has been using his intuition to tap into a market that’s crying out for attention.