Wes Edens : Meeting A Need
Wes Edens Is a man that can be called successful. Wesley Edens study finance and business administration at Oregon State University. He has a Bachelor of Science in finance and business administration which you got in 1984. He along with others have credit a business and company that has flourished and become successful without a shadow of a doubt. their hard work has made them very financially sound and has commenced them as some of the biggest businessman the world has ever known. Wes Edens along with Randal Nardone called Fortress Investment Group. Equity Firm that have over 43 billion dollars’ worth of asset for over a thousand different investors in private, permanent, and hedge funds. this company is based in New York and has over 900 employees.
Wes Edens and the other founders of this company brought diverse and great experience from several other jobs and positions before starting this company. a different type of that focused on private equity and investing especially into new Innovative investment vehicles. successful and the dividends grew quickly with the company grossing from 400 million to 3 billion during its first five years. In 1999 is when they launched their first investment system. some of the early Investments were in the New York Market especially in real estate. they also did some investigating to Toronto Market. as the company grew so did their functions and services provided which eventually included debt Securities and hedge funds. Wes Edens and his partners so massive success early. eventually one of its leaders left but Eden and Nardone are still with the company as the leaders.
Wesley Edens is sometimes referred to as the new king of subprime Lending. this is from The Wall Street Journal where Fortress investment bought the subprime lender Springfield Financial Services. In 2014 Wes Edens bought the Milwaukee Bucks with a partner for 550 million dollars. sports fan and this is evidence of it. This man Is a true example of the American dream coming true. He saw a need and along with his Partners created a company that met that need.