Why Private Equity Investor Wes Edens Has Been In The News Lately

Wes Edens of Fortress Investment Group has been in the headlines recently due to some of his investment activity. He is a principal and co-chairman of the board of directors for this leading alternative asset investment firm. He co-founded this company in New York City in 1998 and is their leading expert on private equity investing. Among the firms he has invested in over the years are New Senior Investment Group, Aircastle, RailAmerica, Intrawest, Brookdale Senior Living, and Nationstar Mortgage.

Along with one of his business partners he bought the Milwaukee Bucks NBA team a few years ago. More recently he made another investment in sports which was big news in the United Kingdom. Along with Nassef Sawiris, he bought a majority stake in the famous football club Aston Villa. They purchased this stake from Dr. Tony Xia who will remain a part of this organization as its co-chairman of the board.

In 2016, Aston Villa fell out of the Premier League and now plays in the Championship League. Wes Edens says his goal is to swiftly get this football club back into the Premier League. They had just missed out making this return in May 2018 when they lost a playoff game to Fulham Football Club.

Wes Edens says that he is a lifetime fan of football and considered it a great honor to now be one of the owners of this storied football club. He said he wanted to contribute to its rich history and help it achieve sustainable success. He added that he respects this football club’s unique culture and highly-dedicated fanbase.

He also recently invested in Brightline. This is a train service company that helps people make mini trips. Right now they are operating a line from Miami to West Palm Beach but they could put train service into other parts of the nation. Wes Edens vision for Brightline is to fill the need of taking a trip that would take too long by car but isn’t so far that it makes sense to fly. He says the Brightline concept is viable in other markets where it takes to long to drive due to heavy congestion.

Leave a Reply

Your email address will not be published. Required fields are marked *