Wes Edens, the co-founder, co-CEO, and Principal of Fortress Investment Group is someone who has a knack and also an impressive track record when it comes to private equity investing as well as sub-prime lending. Wes Edens has been well-regarded as someone whose investing style has is creative when it comes to financing, contrarian betting on the market, and talents when it comes to new businesses he has created from his new investments.
Mr. Edens started his financial career at Lehman Brothers in 1987. Edens worked his way to the position of partner and managing director until 1993. However, Edens moved onward from Lehman Brothers to BlackRock Financial Management, Inc. While working at BlackRock Financial Management, Wes Edens worked hard to make partner and managing director until 1997. Then, in 1998, Edens worked with Robert Kaufmann, Peter Briger, Mike Novogratz, and Randal Nardone to Fortress Investment Group. Today, Wes Edens is one of seven on the board at Fortress Investment Group.
In May 2018, it was reported that Wes Edens created a company called Brightline. This rail service assists travelers going between West Palm Beach and Miami, Florida. Brightline, which is the only privately owned and operated passenger rail in the U.S., opened a second travel route on May 19 in Florida. Wesley Edens, the owner of Brightline, was quoted as saying that this railway service is perfect for those excursions that are generally too long for transportation by car, and too short for air travel.
Edens was also quoted as saying that travel from Atlanta, Georgia to Charlotte, North Carolina as well as St. Louis to Chicago and Houston to Dallas could be paired and have similar characteristics. Edens went on to say about the future of rail service with Brightline that many of these cities are viable. As for the current schedule of Brightline rail transport, the scheduling will include eight round trips that occur daily.
Besides creating Brightline, Edens is the co-owner of the Milwaukee Bucks NBA team. Edens and Marc Lasry bought the Milwaukee Bucks from the owner, Herb Kohl in 2014 for 500 million dollars. Billionaire Nassef Sawiris And Wes Edens To Buy Significant Stake In Aston Villa