The year of 2017 marked a landmark year in the world of global finance. During this year one of the world’s leading companies in global alternative credit asset management was bought out. This company Fortress Investment Group was purchased at a value of $8.08 per share indicating a $140 million increase in total valuation of the company when they were purchased by Softbank group Corporation. Softbank group Corporation is one of the largest technology companies in the country of Japan. Wes Edens, one of the original five co-founders of Fortress Investment Group, help to broker the deal that led to the company’s acquisition by Japanese tech giant Softbank group.Wes Edens is well known throughout the world due to his prominence as an investor. He spends the majority of his time working as the chairman of Fortress Investment Group guiding it through several acquisitions and managing the company’s investment portfolio.
However, the world of finance is not all that interests Wes Edens as he is also known to be the owner of several sports teams in both the physical and virtual worlds. Wes Edens owns a basketball team that is a member of the national basketball Association, the Milwaukee Bucks. He is co-owner along with Marc Lasry, and their franchise is based out of Milwaukee Wisconsin. He is also a member of the electronic sports league where he sponsors a team which plays league of legends that is known throughout the world as FlyQuest. It is one of the leading electronic sports teams in the world. Wes Edens started his life by going to Oregon State University. While at the University he double majored in both business administration and finance.
Upon graduating from Oregon State University in 1984, he began to work in the finance industry by securing a position at world-renowned Lehman Brothers Corporation. While at the Lehman Brothers Corporation he worked his way up from an entry-level employee to become one of the managing directors. He worked as a managing director for the Lehman Brothers until the year 1993. At this point, he switched companies became a managing director for another investment Corporation known as Blackrock asset investors. He worked as a managing director for Blackrock asset investors until 1997 where he served as a partner also. It was at this point that he came together with the other for original partners that managed to create what is now known as Fortress Investment Group in 1998.