Wes Edens: A Master of Cutting-edge Alternate-asset Investment Vehicles
When Fortress Investment Group made history in 2007 as the first private equity firm or hedge fund to list its shares on a major stock exchange through an initial public offering, it was a testament to the excellent management and visionary leadership of its founders and senior management team. Founded in 1998 by a group of vastly experienced investment specialists including Wes Edens, Fortress Investment Group has carved out a reputation as an investment fortress with its unique curated alternative assets investment vehicles. The company’s service portfolio, under the leadership of its principals, has expanded beyond capital markets to include asset-based investment. The company also offers mergers and acquisitions services for corporations as well as corporate due diligence.
Fortress Investment Group’s trendsetting reputation has seen its asset base expanded manifolds. The company currently boasts of $43 billion-worth of managed assets, up from $400 million at its inception. Its fact-based approach to investment is driven by a vastly experienced team of experts with excellent know-how of various sectors. The employees including Wes Edens who serves as one of the company’s principals are dedicated to creating long-term cash flows to the company’s clients. Under the expert leadership of Wes Edens and his co-principals, Fortress Investment Group has continued to expand its operations through the establishment of various subsidiaries, funding rounds and strategic acquisitions such as Intrawest, RailAmerica and Penn National Gaming.
The inroads that Fortress Investment Group has made in the global investment landscape are reflective of Wes Edens’ own success story as a specialist in alternate-asset investment vehicles. Like the company he played a fundamental role in founding and successfully building its reputation, Mr. Edens has a knack for diversifying his investment vehicles by venturing into alternative investment vehicles. He recently partnered with billionaire businessman Nassef Sawiris to purchase a controlling stake in Aston Villa; an English football team owned by Tony Xia. The multibillion-dollar deal is estimated to give the two businessmen a 55 percent controlling stake at the club. It is believed that the two investors are planning to increase their stake at the club in future with the view of taking full ownership of the financially beleaguered club.