Wes Edens is the Principal, Founder, and Co-Chairman of the board of directors of Fortress Investment Group LLC. Founded in 1988, Fortress is a 62 million dollar alternative asset management company with headquarters in New York and offices internationally. Wes Edens holds the responsibility of Fortress’s private equity business, a company that loves to invest in infrastructure, transportation, real estate, health care, financial services and media. Wes Edens also owns the NBA’s Milwaukee Bucks which are now worth more than a billion as of 2018.To top it all of, according to Biz Journal, his take home is pay is currently at a whopping 54 million dollars.
Before he founded Fortress investment, Wes Edens studied Finance from Oregon State University and earned himself a Bachelor of Science degree. After his studies, Edens went on to be the management director of BlackRock Financial Management Inc., where he lead the BlackRock Asset Investors. He was also at some point was a partner and management director at Lehman Brothers, a global financial service firm that filed for bankruptcy in 2008. Today, Edens is proud to say that his firm that he started with 400 million dollars and 30 employees now manages 72 billion dollars worth of assets and 1200 employees. Fortress Investment has also been a very good place work according to the many positive reviews on Bloomberg.com.
With 26 reviews, Fortress Investment holds a strong four star rating, with 9 people rating it 5 stars, 11 rating it 4 stars, 4 people rating it 3 stars, no one rating it 2 stars and only a measly 2 people rating it a single star. By category that is 3.2 in work/life balance, 4.2 in compensation/benefits, 3.5 in job security/advancement, 3.8 in management, and a 3.6 in culture. Maybe I should work there. Not only does it appear great to employees, it is an exceptional place for interns to learn. Indeed.com also had a lot to say about intern life at Financial Investment. Distressed Debt Intern from Indeed.com stated “Interns are expected to learn quickly, but learn from an elite group of investment professionals. If you are motivated and quick you will be given responsibilities.” This would indicate that while Interns there will certainly be challenged, if they can succeed they will learn a lot. An honor it must truly be to be an intern there. Long live wes Eden.