Wes Edens has been instrumental in transforming Fortress Investment Group into a center of innovation since participating in founding it in 1998. Currently, he is the CEO of Fortress, which is the largest investment manager in the world. In 2007, the company launched its initial public offering (IPO) as the first private equity firm to trade on the New York Stock Exchange. Ever since Fortress has been trading high volume and expanding greatly. By 2006, the company had diversified its first Investment Fund into different versions.
Wes Edens has been dedicated to the Private Equity division which was the central unit during the initiation stage of the company. His experience in investment managerial is attributed to the firm having under its management assets totaling to $40.9 billion as of March 31st this year. His investment approach is that of readiness towards schemes that are volatile and complicated. He considers this attitude as an onset of forming Fortress back then.
Private train, Brightline, owned by Wes Edens has relieved traffic on Miami-Fort Lauderdale road that has for years been a menace. Interestingly, the train has leather seats and is equipped with wifi, power outlets and USB ports. Wes Edens revealed that there is a plan to make this rail service available to other cities. He also spoke of the idea of expanding Miami-West Palm Beach lane to Orlando. The fact that he is an alumnus of Oregon State University, makes him enthusiastic about interconnecting Dallas and Houston. Other routes that are under his consideration include Chicago-St. Louis, and Atlanta-Charlotte.
Wes Edens has increased his stake in sports by purchasing Aston Villa, an English Football Club, in order to prompt the success of this club in the coming seasons. The deal was verified by the English Football League. The club is now optimistic as the requisite structures and processes have been bolstered enough to witness a turnaround.