Wes Edens Founded Fortress Investment Group In New York

Over the past two decades, Wes Edens has given everything he has to the investment company Fortress Investment Group. Fortress Investment is a leading asset management and investment firm in New York that Wes co-founded back in 1998 along with two other financial experts. Thanks to his leadership and the dedication of its founders, Fortress Investment Group managed to grow to an impressive net worth of more than 3 billion dollars. In 2017, SoftBank Group purchased Fortress Investment for even more than this at 3.3 billion dollars. According to Wes Edens, technology has been one of the biggest ways he has been able to grow the company and cut down on costs all across the board. Fortress Investment was able to truly take off as an alternative investment company when Wes and the other executives pushed to turn the company from a private to a public organization. More about of Wes Edens at Crunchbase.

Wes Edens has worked at some major financial institutions throughout his career, including BlackRock Financial Management and Lehman Brothers. These positions enabled Wes to improve his own expertise, leadership capabilities, and his funds in order to start out his own firm. When Wes and his business partners started Fortress Investment Group, it took everything they had to pool a few hundred million dollars. Now, Wes and the other founders of Fortress Investment have all become billionaires with net worths at or above two billion as of 2018.

With more than 30 years of experience behind him since he started off his career, Wes Edens has become a prominent figure in the US financial market as a business owner and wealthy investor. Since 2014, Wes has been building his image on the sports front with part ownership of the Milwaukee Bucks. This 500 million dollar investment wasn’t for prestige, however, since Wes is an avid sports fan and has loved watching in his leisure time. Now, Wes finally gets to be apart of his favorite past-time to make an impact on the sports industry.

Check out: http://www.nba.com/bucks/bio-wesley-r-edens

 

Entrepreneur and Finance Executive Randal Nardone

Randal Nardone is a former attorney who has spent the last two decades as a financial services firm executive and entrepreneur. He is the co founder of Fortress Investment Group which is one of the leading private equity firms in the world. Randal currently serves as one of the firm’s top executives. Prior to co founding Fortress Investment Group, Randal was a member of other investment firms including UBS. He also spent a number of years in the legal field where he worked at a top law firm. Randal Nardone is one of American’s richest individuals according to Forbes. This fortune was made from his highly lucrative career as a financial services executive. Visit discoverorg.com

As the co founder of Fortress Investment Group, Randal Nardone has helped build the firm into one of the most successful in the industry. Over the course of his career with the firm, Randal has been a high ranking executive. He has served as a principal and as a chief executive officer. Nardone is also a member of the management committee as well. In these leadership roles, Nardone helped the firm set goals and devise strategies to reach its full potential. His contributions have allowed Fortress Investment Group to remain as one of the most reputable firms in the industry.

Prior to co founding Fortress Investment Group, Randal Nardone worked in the legal field as well as for other financial services firms. He was a practicing attorney at a New York law firm for several years before pursing a career in finance. Nardone was served in a key leadership role at the law firm before resigning. When he started out in the financial services industry, he served as the principal of Blackrock Financial Management. A few years later, he would join UBS and become the firm’s managing director.

Before starting his career, Randal Nardone completed bachelor’s degrees in both English and biology at the University of Connecticut. After finishing up his undergraduate educational programs, Randal would attend law school at Boston University. He completed his Juris Doctor degree within three years of beginning law school. Once finishing law school, Randal would then pursue an opportunity to work in the legal field.

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