The Footprint of Wes Edens

Wes Edens is a co-founder of Fortress Investment Group and a co-owner of the Milwaukee Bucks. He and his partners first started Fortress in 1998. It started out as a relatively small private equity firm and has since grown into a multi-billion dollar global alternative asset manager. It has throughout its years of operation invested in companies in a wide range of companies, including energy, infrastructure, financial services, real estate, healthcare, and media.

In recent years, Wes Edens has led Fortress to build Brightline, a train line running through a busy section of Florida. It is the first privately funded train line to be built in this country for over 100 years. A line has already built and is in operation from Miami to West Palm Beach. There is currently work in progress to extend this from Orlando to Tampa. After the Florida Brightline line is entirely complete, Edens intends to build similar lines in the busy areas of other states. Read this on cnbc.com

Wes Edens has also recently led fortress to create New Fortress Energy. This was actually a result of the Florida Brightline project. That project got Edens to thinking about how Fortress could reduce its environmental footprint. Thus, New Fortress Energy was born. It has since grown much beyond his original vision. It has expanded all over the world to provide safe, environmentally friendly energy to companies all over the world.

Wes Edens became a co-owner of the Milwaukee Bucks in 2014. In 2018 he and Egyptian billionaire Naseef Sawaros become majority stakeholders in the Aston Villa Football Club. The two took on the role of assisting the team which has struggled for several years. It was one of the founding members of the premier league in 1992 but was booted out of the top tier club in 2016 after a few too many losing years.

Learn more: https://markets.financialcontent.com/stocks/news/category?Category=Wes+Edens

 

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