Wes Edens is a very prominent businessman in America; he studied Finance and Business Administration courses at Oregon State University in 1984. He is the co-founder of a private equity investment firm that deals with various sectors including transportation, communication, real estate, healthcare, financial services, infrastructure, and energy. He also owns the Milwaukee Bucks; it’s the national basketball association franchise that they ought together with Marc Lasry. Milwaukee is located in Milwaukee, Wisconsin. Mr. Edens is also known as Wesley Robert Edens. At Fortress Investment company he is the chief investment officer the co-chairman as well as the head of private equity.
With the help of Wes Edens Fortress investment company has launched various projects that contribute significantly to the existing assets. The company has made multiple purchases including the Subprime lender Springfield Financial services. This acquisition earned Mr. Edens the New King of Subprime Lending title written by the Wall Street Journal. He also foresaw the acquisition of Centex Home Equity Company LLC where he is the chairman. By 2015, Mr. Edens had increased the company’s assets to $3.5 billion. Read more about Wes Edens at Industrial Areas Foundation.
On 8th November 2018, Fortress Investment company launched New Fortress Energy that was officially filed and traded publicly on NASDAQ. The new Fortress Energy faces strong development prospects, and Wes Edens is the head thus much is expected from the company. He aims at expanding the reach of the company to existing Jamaica, Mexico, Ireland, Rico and Puerto terminals by 2023.
In Mexico New Fortress Energy has formulated new investment projects to create a better world. one of the proposed projects include Mexico’s Baja California Sur. This project is the infrastructure developer with a long term contract to construct, develop and make the port of Pichilingue operational. When the terminal is competed for more liquefied natural gas will be imported thus consistent supply. Baja project is worth $184 million, and it’s also the first natural gas supply to exist in Baja California Sur. The company has created various job opportunities through the set projects thus raising the standards of living for a large group of people. Wes Edens contribution to these companies is well recognized.