Fortress Investment Group manages assets worth more than $43 billion and the process started out as a very simple firm which has subsequently become a financial assets manager of liquid equity, hedge funds, bonds, equity, and bonds as well. Wes Edens happens to be one of the founders of the company and currently serving in the position of the co-chair as well as the co-chief executive of the board. The company began its operations in 1998 which was spearheaded by Wes Eden and four other partners who believed that a combination of their expertise would bring out tremendous achievements in the company. The company has been able to move to other countries in a bid to making major capital developments. Wes Edens began managing multiple investments in the renowned Jamaica Liquefied Natural Gas.
Wes Edens Education and Career Back Ground
Wes Edens was a very hardworking person while in high school. He was able to pass through his high school where he managed to perform very well. Later he joined Oregon University for a Bachelors of Science degree in Finance. The skills and knowledge he obtained from the institution made him become a finance expert and was ready for every challenge.
Wes started his career in a California based bank and he managed to land into prominent positions. He was able to become the Operating Partner and the Managing Director of Lehman Brothers. He served the company for six years and went on to join BlackRock Financial Management. He was able to establish private equity for the first time in his career.
His success at the company was able to prepare him for Fortress. He was able to rise to the top positions in the company before he could start private equity investing. His new challenge, Fortress was a company that was formed through a combination of expertise and experience which made him a professional hedge fund manager as well as a private investor. The partners have been able to venture into transportation, healthcare, energy industry as well as financial services. It is the today’s leader in private equity and hedge fund management and has been able to successfully grow their assets to a greater level.