Tag Archives: Financial Leader

Wes Edens: Fortress Investment Group’s Co-Founder And Co-CEO

Wes Edens is one of the co-founders of the publicly-traded alternative investment company Fortress Investment Group LLC. A principal in the company, Edens has held a number of positions since helping to start the company in 1998. From it’s founding until 2013, he was CEO of the company. Beginning in 2017, Edens was co-CEO. Wes Edens has also been private equity head, president and chief investment officer. Since 2009, Edens has been co-chairman of Fortress Investment Group. Even to today he remains in charge of private equity as well as publicly traded alternative investment companies.  Since co-founding Fortress Investment Group, Wesley Edens has served as CEO and/or president of a number of companies.

They include Newcastle Investment Holdings LLC, Eurocastle Investment Ltd., Global Signal Inc., Capstead Mortgage Corp., Global Principal Finance Group and Impac Commercial Holdings, Inc. Prior to helping to create Fortress Investment Group, Wes Edens worked at Lehman Brother as a managing director and partner from 1987 until 1993. He then moved on to Blackrock Financial Management where he spent 4 years as a partner as well as managing director. Wes Edens was Union Bank of Switzerland’s managing director from May 1997 until he left to start Fortress in 1998. Wesley Edens has also been the chairman or director of a wide array of companies in a variety of industries since he co-founded Fortress Investment Group. Some of those companies are Drive Shack Inc., Fortress Credit Corporation, New Senior Investment Group Inc.

Mapeley Limited, Florida East Coast Holdings Corp., Gatehouse Media, LLC, Florida East Coast Railway Corp, New Media Investment Group Inc., Newcastle Investment Holdings LLC., Eurocastle Investment Ltd., Global Signal Inc., Capstead Mortgage Corp., Impac Commercial Holdings, Inc., Intrawest Resorts Holdings, Inc., OneMain Holdings, Inc., Springleaf Finance, Inc., Fortress Transportation and Infrastructure Investors LLC and many others.A graduate of Oregon State University, Wes Edens has a BS in business administration and finance which he has obviously put to good use. But, he also supports a variety of meaningful causes and organizations. Princeton University’s The Edens Family Fund for Climate Change research is one of them. Edens was also the advisory council of the Brown School of Public Health’s inaugural co-chair. He also endowed the Edens Professorship in Global Health at St. Paul, Minnesota-based Macalester College. A U.S. Ski and Snowboard Team Foundation supporter for many years, Wes Edens also owns the Milwaukee Bucks NBA franchise.