Wes Edens, Fortress Investment firm Co-founder, is a private investor located in New York. He is also a basketball team, Milwaukee Bucks, co-owner. Besides that, he also owns Fly Quest Team League of Legends. After he acquired his Bachelor of Science degree in Business and finance administration in the University of Oregon State, he joined Lehman Brothers firm. He operated in the firm as a managing director from 1987 to 1993. In 1993 he left the Lehman Brothers firm for Blackrock private firm as a managing director until in 1997 where he left and together with other four co-founded the Fortress investment in 1998.
Wes Edens is currently the private equity president, chief investment officer of the fortress investment since 2009 and also a co- CEO of the firm. In his post, he is in charge of public and private equity and trade alternatives businesses. From 2002 to 2007, he worked as Newcastle Investment LLC as CEO. Besides that, he was also the Euro Castle investment CEO from 2002 to 2006 and the president in 2005 in the same firm. He also acted as the CEO and president of Capstead Mortgage firm in 2000 to 2003. In the year 1999 to 2000, he served as CEO Impact Commercial Incorporation. From 1997 to 1998 he worked as the managing director of the Switzerland Union Bank. Since the year 2002, he has also been serving as director and chairman of Drive Shack organization to date. From 2007 to 2017, he served as Florida East Coast chairman and the New Senior Investment firm. He is also the New Senior investment firm, Mapeley Limited director and chairman since 2005 May. In 2005 he was allotted the chairman and director of Gatehouse Media incorporation and also a New Media group chairman since 2013 November. In October 2013 he was appointed chairman and director leisure and gaming properties until 2016. In 2008 to 2013 he acted as Penn National Incorporation director and also Brookdale Living Incorporation as the director.
Fortress investment firm is an investment company that deals with institutional, private and public investors. It is one of the firms in the United States to offer alternative options in the investment and business industry. With more above 65 billion dollars controlling assets, Fortress Investments is considered as one of the leading companies venturing into the business investment field.
Wes Edens appeared in five months for a second time in the New York Times in the private equity firm. His total take-home pay was listed as 54.4 million dollars annually. The total amount being a sum of 13.4 dollars he receives an annual compensation from fortress investment and dividends amounting to 41 million dollars he obtains as a shareholder. With a salary of $200,000, $1.1 million from stock awards, $478,493 in compensations and $11.6 million he ranked position 962 in the 2008 world billionaires list according to Forbes. As at April 2016 proxy statement, Wes Edens held Fortress investment shares summing to 63.3 million of the total stock owned by the company.
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