Wes Eden’s is co-founder and chairman of Fortress Investment Group. He is a renowned businessman based in America, investor in private equity and owns a sports team. He co-owns Milwaukee Bucks, an NBA franchise operating from Milwaukee, Wisconsin as well as the Fly Quest team League of Legends. He got his Business Administration and Finance B.S. from the State University of Oregon in 1984.Wes Eden’s started his career at Lehman Brothers in 1987 as a managing director and partner until 1993. He then moved to BlackRock Asset Investors in the division of private equity and held the positions of a managing director and partner until 1997. He partners at Fortress Investment Group with Robert Kauffman, Michael Edward, Peter Briger and Randal Nardone, all of whom are its founders.
Sometime in 2007, Wes Eden’s’ investment style was featured in The Wall Street Journal. It was described as one that is based on creative financing, contrarian bets and a flair for developing stable businesses from investments. He and his partners took the firm public through the first public offering, where it was bought marking it as the first firm to be bought after being traded publicly. By 2009, Fortress had acquired $600 million having sold an 8% share to the public. Prior to the sold out, the assets of Fortress under management were private equity along with investment vehicles that were alternatively traded publicly. These included four funds that were hedge, two vehicles of real estate and fourteen funds of private equity then it went public.
Wes Eden’s and his partners first became billionaires when Nomura Holdings, a holding company of finance from Japan acquired 15% share of Fortress at $888 million in 2006. He became co-chairman of Fortress’ Directors Board in 2009. He is also chairman of Infrastructure and Transport at Fortress. He is a big lead behind the current fortress creation of the eSports team fly Quest which already has a competing team in the Champion Series of the League of Legends in North America. He also catalyzed the acquisition of Springleaf Financial Services by Fortress. He chairs Nationstar Mortgage, a mortgage lender of home equity that is subprime, which was bought by Fortress in 2006 at $575 million.He and Marc Lasry co-own Milwaukee Bucks, a team that they bought from Herb Kohl at $550 million. They promised to make the team stay in Wisconsin and construct a modern Arena different from the already existing one. He has a great interest in mountain climbing and horse riding.