In 1998, a team of like-minded individuals with enthusiasm for financial services joined their efforts to establish an investment institution called Fortress Investment Group. Since then, the company has transitioned into a diversified international investment manager. At Fortress Investment Group, customer care is the agenda of the day and on behalf of over 1,000 clients in private institutions, real estate, credit management, private equity as well as permanent capital strategies the company has done a great job at ensuring that all deals are sealed at the right time. Moreover, investment performance is one of the fundamental cornerstones of this firm, and the management strives to come up with low-risk investment dockets coupled with high returns.
Behind the excellence that Fortress Investment Group has registered in service delivery is a team of executives with one major co-principal being Wes Edens. Edens has been one of the co-founders of the company since its inception. Correctly described as a private equity investor, businessman and a sports team owner, Edens wears multiple hats with the sole purpose of establishing viable operational platforms for different companies. Among the companies he owns or co-owns are Milwaukee Bucks of National Basketball Association, this franchise is geographically located in Wisconsin. Besides, he additionally owns League of Legends, a team that belongs to FlyQuest.
Over the years, Edens has been responsible for managing the private equity department of the company. Over and above, he oversaw the purchase of Springleaf Financial Services that initially went by the name American General Finance. After the acquisition, Fortress Investment Group became Springleaf’s primary stakeholder. With his leadership, Springfields Holdings LLC garnered about $3.5 billion – this was 27 times more than what Fortress Investment Group had invested in the business.
Leadership Under a New Company
Now recently, Fortress Investment Group went through major transitions when Softbank Group announced its acquisition. The acquisition was primarily catalyzed by the excellent performance that Fortress Investment Group registered in the industry. Although there will be new management under a new umbrella of leadership, nothing has changed in the leadership category as Wes Edens has retained his position as a co-founder and a principal leader. Besides that, Wes Edens will be overseeing the management of the firm from under Softbank Group.
On personal life, Edens is married to Lynn, and together, they have four children. Above that, he is a good husband and a dedicated father to his children.