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Wes Eden contribution to the Fortress Investment Group

Wesley Robert Eden who is well known as Wes is an American businessman and a co-founder of fortress investment GroupLLC.Throughout his entire life, he has been the head of Private Equity Chief Investment Officer Principal. Wes also had a chance to serve as the Co-chief Executive Officer at the firm since the end of 2017. He has taken full responsibility for private equity publicly traded alternative investment businesses.

Eden schooled and with his hard work and determination, he got his Bachelor’s degree in finance and Business Administration from the University of Oregon in early 1984. His venture into business was influenced by the fact that he had an interest in business and so he opted to start his idea in 1987 at Lehman Brothers where he took the initiative of being the managing director till 1993 and later he joined Wes Edens BlackRock’s private equity division. At the BlackRock Asset Investors, he remained and worked as a partner and managing director till 1997 when he quitted.

Wes Eden was among the five principal partners their names were Peter Briger, Robert Kauffman, Randal Nardone and Michael Edward who were the founders of Fortress Investment in 1998. The investment style was one which was described in 2007 as “The wall street journal “which was based on financing and building the business to increase from investments. The fortress decided to sell to the public part of its share for$600 million to enhance development.

Eden who became the chairman on Natiostar Mortgage which was known back then as Centex Home Equity Company was at a point needed by the Fortress and they bought it for $575million.His connections helped the Nationstar Mortgages to propose a deal that would run the new arena for entertainment, and this drove them to ask for more public funds to promote the Nationstar. Eden later became the Co-chairman of the board of directors at Fortress by 2009, and he came up to help to grow as they had seen its stock fall rapidly to below one dollar after the crisis. He became a leader who served the people of Fortress for a year. The team had a League of Legends that competed in the North American League of Legends Championship Series.

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