Wes Edens commenced his career in finance with California savings and loan. Later in 1987, he joined Lehman Brothers, where he was in charge of mortgage trading and also served as the managing director as well as a partner. In 1993, he joined BlackRock where he served as the managing director and was in charge of it’s an affiliate company. After that, we Edens started his first equity fund called BlackRock Asset investors.
Later in 1997, he became the managing director of affiliates in UBS. 1n 1998 he helped in founding Fortress Investment Group, which is currently one of the biggest investment companies in the world.
Wallstreet journal named Wes Edens as the ‘New King of Subprime Lending’ after his company purchased a firm previously known as American General Finance where Wes became the chairman. Later Fortress also acquired another mortgage lender formerly known as Context Home Equity Company. For more information, check out Wes Edens on Youtube.
His success in the finance sector can be attributed to his strong foundation in the finance sector. In 1986, he graduated from Oregon States Univerity with a degree in finance and business administration.
Wes Edens is also a philanthropist in heart, supporting different causes. Such autism speaks, education, environmental conservation, art and natural history among many others. By 2016 his lifetime giving were more than $2.7 million.
In 2016 and 2011 Macalester College received $1million from Wes. Mathis Vineyard Hospital also received $700,000 within four years. Between 2010 and 2012 Samuel Waxman Cancer Foundation also received $150,000.
Wes Edens has stricken a balance between work and leisure, he is a man with a sports passion, some of his hobbies include athletics and mountain climbing. He has climbed the Grand Teton in Wyoming as well as Matterhorn in Switzerland. To top up on his mountain climbing hobby. Edens owns ice axes which have been signed by famous mountain climbers.
Wes Edens is also a big soccer fan, in 2014 he invested an undisclosed amount in Milwaukee buck which is a soccer club and promised the clubs previous owner that he would build a new stadium for the club to stay in Wisconsin.