Wes Edens is one of the five partners who co-founded Fortress Investments in 1998. He has served as the company’s co-chairman, Head of Private Equity, Principal President of Private equity for the company since the year 2009.He also served as the Private Equity Chief Investment Officer for the same period. Wes served as the Chief Executive Officer from 1998 to July 2003. He is also the co-Chief Executive Officer taking office from December 2017.He has also been the Chairman of the Board of Directors at Fortress Investments from 2006 to 2009. Wes attended the Oregon State University and attained a B.S in finance. He has served in many executive positions in many companies.He has worked in Newcastle Investment Holdings as the CEO between 2002 and 2007.
He was also the Chief Executive Officer at Eurocastle Investments before becoming its President. He has also been a chief executive officer at Impac Commercial Holdings. He previously served as Head of the Global Principal Finance Group. He worked at Union Bank of Switzerland as the managing director. He has also been a partner and a managing director at BlackRock Financial Management.He has also been CEO at Capstead Mortgage Corporation and has also served as President in the same corporation. Between 1987 and 1993 Wes was a partner and the Managing director at Lehman Brothers. He has also previously served as the chairman of New Media Investments group. In August 2010 Fortress Investments purchased 80 percent of Springleaf where Wes serves as the chairman.Wes Edens is the co-owner of the Milwaukee Bucks, an NBA franchise team located in Milwaukee, Wisconsin.
The team is estimated to have a net worth of one billion dollars. He alongside Marc Lasry bought the NBA team in 2014.He has created an eSports team known as Fly Quest. It is a professional video gaming team which has a league of legends team which competes in NS LCS, the North American League of Legends Championship Series.The New York Times published an article on the private equity industry in which they listed that Wes Eden’s annual take-home pay is an estimated 54.4 million dollars.The figure was reached at after including 41 million dollars he receives as dividends as a shareholder of the Fortress Investment group, 11.6 million dollars he gets a bonus, nearly half a million dollars’ worth of other compensations and also his two hundred thousand salaries in 2015.He has appeared in the Forbes list many times, ranking at position 369 in the 2007 list.