Wes Edens has worked in the investment world for his entire career; however, he’s probably most well known for being an entrepreneur and the innovative co-founder of Fortress Investment Group. Outside of the investment industry, he’s also somewhat well known for owning the National Basketball Association team the Milwaukee Bucks. After founding Fortress Investment group over two decades ago, Wes Edens has become one of the most influential players in the investment industry; in fact, many respect him because of his ingenuity and adaptability in changing markets.
These skills have led to Mr. Edens bringing Fortress Investment Group to becoming one of the largest investment firms in the United States with a variety of investment partners. In total, the company manages assets more than $42 billion according to recent reports; these assets are across a variety of different industries and in a few different countries. This has led to Fortress becoming one of the most significant investment players across the globe, and much of this has been down to his business vision for the company. While Fortress has been somewhat diverse in the industries that it invests in, there are a few that turn up somewhat regularly.
Because of that, you could say that Wes Edens and Fortress have specialized in a few specific industries. These include the likes of healthcare, media, financial services, real estate sector, energy, and infrastructure. One of the most notable of these is the former Brightline passenger rail. This was done in partnership with the Virgin Group, who rechristened it Virgin Trains USA; the purchase also marked the first privately funded inter-city passenger rail system in the United States in over a century. The company currently operates a Miami to West Palm Beach line, but there are plans to expand significantly with the likes of a line between Orlando and Tampa.
There have also been talks of connecting Southern California and Las Vegas through a new route. Through all of this Wes Edens has also founded New Fortress Energy, which is focused on providing investments into sustainable and renewable energy resources across the globe; some of this has also been on show with many of the partners that New Fortress Energy works with.