After graduating from Beaverton, Oregon’s Oregon State University, Wes Edens found employment at Lehman Brothers, once one of the largest investment companies in the United States, beginning in 1987. At the time of his 1993 departure, Edens was one of a select group of partners of the then-esteemed Lehman Brothers. He also served BlackRock – the firm currently has more assets under management than any other alternative investment group in the United States – from 1993 to 1997, earning the title of partner at BlackRock, as well.
Fortress Investment Group was founded in 1998 with the help of Robert Kauffman and Randy Nardone, together making the group of three entrepreneurs that sailed into the tough environment of Wall Street and immediately flew through the industry’s ranks like a commercial airliner on auto-pilot.
Wes Edens does more than work for Fortress Investment Group
Like most great entrepreneurs, Wes Edens has founded and been an integral part of several high-worth business ventures.
Springleaf Financial Services was brought under management at Fortress Investment Group thanks in large part to the active supervision of Fortress’ operations on behalf of Wesley Edens. Springleaf was one of the most powerful real estate companies following the 2008 financial crisis better known as the Great Recession. Many such firms failed to grow after the turmoil that the subprime mortgage lending crisis brought forth, though Springleaf was affected by the bad economic conditions of the 2008 market seemingly less than any other financial services business.
Mr. Wes Edens also picked up half of Wisconsin’s Milwaukee Bucks, a longtime National Basketball Association franchise, nearly a decade ago. Since he took one-half ownership of the Milwaukee Bucks franchise alongside his lifelong business partner, Wes Edens has turned the bucks into one of the highest-earning and most successful franchises in the league.
For details: www.nba.com/bucks/bio-wesley-r-edens