How Wes Edens Made Fortress Investment Group What It Is Today

People who have been in the finance industry are many, but not many of them have managed to be successful in it. You may know a person who has worked in the finance industry for several years with no successful legacy behind. Some of the people who have been in the finance industry in the United States have proved to the world that being successful in the finance industry is possible. Wes Edens is one of the American successful entrepreneurs in the finance industry. He has done a lot to make the American economy what it is today. At Fortress Investment Group, Edens currently chairs the Board of Directors. He is also the co-founder at Fortress Investment Group.

It was in 2007 when Fortress Investment Group joined the American economy and changed its history. There was no private equity investment company that had been traded publicly before. The Fortress Investment Group became the first one to be traded on the Stock Exchange in New York. Edens knew he had a career to pursue, and this is why he started his journey at the Oregon University. He studied business administration and finance at the same university, and graduated in 1984. He didn’t struggle to get a renowned investment firm to work for. In fact, he just found his way to Lehman Brothers, one of the most reputable investment firms in the finance industry. He wasn’t just a partner at Lehman Brothers from 1987 to around 1993. Edens was also the managing director in this investment firm. He somehow changed his mind in 1993 and decided to work for Blackrock asset investors until 1997.

Working in these two great investment firms gave Edens exceptional experience, and insights on finance and investment matters. Just as he did at Lehman Brothers, he also maintained the partner and managing director positions at Blackrock firm. He then felt he needed to utilize the investment experience he had obtained in a better way. This is when he decided to start his own investment firm.Together with some other like-minded individuals, Edens co-founded the Fortress Investment Group in 1998. This became a private firm that did not just make other businesses successful but also profitable. Surprisingly, the firm had managed to sell about 8 percent of its shares for about 600 million dollars to the members of the public. Edens is not just the chairman of this investment firm but also the chief of the administrative staff.