When an individual looks at the economic landscape of North America today, it may seem impossible to envision a world where there were no private equity firms that were publicly traded. However just over ten years ago there were no private equity firms on the the public market in all of the United States. This all changed in 2007 when Wes Edens led his company that he helped to cofound Fortress Investment Group to its initial public offering in the spring of that year. Since this time Fortress Investment Group under the expert guidance of Wes Edens and the other for initial founders of the company has managed to propel itself into the forefront of global economics as one of the leading alternative asset managers in the world.

Earlier this year the corporation was acquired by technology giant in the country of Japan which is known as Softbank group Corporation. Softbank group Corporation acquired Fortress Investment Group for a premium on the value of its stock price of $2.25. With this premium Fortress Investment Group experienced an immediate increase in the company’s valuation of over $140 million. A deal such as this would not have been possible without the leadership which was displayed by the companies founders and in particular the man known as Wes Edens. Although it may be difficult to envision, Wes Edens was not always a prominent businessman in North America. He originally graduated from Oregon State University with degrees in both finance and business administration in 1984 and went on to work in the finance industry at Lehman Brothers.

During his time at Lehman Brothers, he started off as an entry-level employee and became a managing director. After several years serving as a managing director for Lehman Brothers, he switched companies and became a managing director at Blackrock asset investors where he also served as a managing director until 1997. At this time he along with five other individuals had the idea to start their own private equity company and launched the now globally prominent Fortress Investment Group. It was there that he is investment style became admired by individuals all around the world. It has been described as an investment style comprised of creative financing and bets against the norm that has allowed Wes Edens to build businesses through his investments. It was this style of investing that has propelled his company into the global position of prominence that it currently holds.