They say that New York’s Wes Edens career started rolling in the 90s, but it really began in 1984, when he graduated from Oregon State with a bachelors in Finance and Business Administration, the first brick in a long and fruitful road.
Perhaps his debuts were with California Savings and Loan, or Merrill Lynch and Smith Barney, but by 1987, just three short years after graduation, Wes Edens was both a managing director and a partner of Lehman Brothers. Here he thrived until he joined the BlackRock Asset Investors, taking his titles with him for four more years until 1997. As 1998 rounded the corner, the birth to the Fortress Investment Group saw Edens joining with four others to create a global, heavily diversified management firm for investments. More about of Wes Edens at nba.com
Wes Edens investment style favors some creative investment styles that don’t follow the popular grain, but these bets aid him well as he turns his investments into profitable businesses, a theme which continues to this day. At the behest of Edens, Fortress purchased AIG’s American General Finance and Centex Home Equity Company, LLC. These two subprime lending companies now go by Springfield Financial Services and Nationstar Mortgage, where he acts as chairman and has earned Wall Street Journal’s fame as King of Subprime Lending.
Alongside Marc Lasry, Edens acquired the Milwaukee Bucks in 2014 for a large sum and two promises: a new arena for the team and an oath to keep them home in Milwaukee. He is also a co-owner of storied soccer club identified as Aston Villa Football Club in Birmingham, England.
However, Edens didn’t stop with simply physical sports. In 2017, Fortress branched out from investments and loans as Wes Edens created the eSports team FlyQuest, a collection of professional video gamers who compete competitively. Team FlyQuest is largely successful, competing in the North American League of Legends Championship Series (NALCS).
And great mountains such as the Matterhorn, Grand Teton and Kilimanjaro under his climbing belt and a childhood on a Montana ranch, it seems that when Wes Edens sets his mind to doing something great, nothing stops him.
Learn more: https://en.wikiquote.org/wiki/Wes_Edens