Fortress Investment Group Achievements

For many years, investors have been spending sleepless nights while trying to get a company that will walk with them and ensures that they have made it in business. There are thousands of companies in the market at the moment. However, with the tight competition, it can be tough to make the right choice. When partnering with the perfect financial services company, investors can always be guaranteed of huge profits at the end of their financial year. If you want to avoid getting into complicated financial challenges, it is paramount to look for a company that will not disappoint you. Fortress Investment, based in the United States is among the companies you should be looking for.Fortress Investment Group was started two decades ago by individuals who had big dreams for the industry.

These professionals weren’t newbies in the market. Led by Wes Edens and Peter Briger, these veterans wanted to offer the financial services the investors had lacked for decades in the international market. The company had to start from a simple point, and they started by opening their first offices in the United States. Fortunately, the organization was able to attract the attention of customers from all over the country. Within five years, the company was already starting to venture into the international market. The firm was fortunate to survive some of the problems that presented themselves in the market because it had the right personalities working in leadership. Fortress Investment Group has reached milestones that cannot be achieved by most of the companies in the global market.

When Fortress Investment Group was still in its initial stages, it made the right decisions. First of all, the company founders were experts in business, and they were all doing well in various organizations in the country. The company founders knew too well that there were so many issues to tackle so that they can end up with success, and that is why they put in all the right measures from the start. All of these personalities have remained in various positions in the company over the years, and they have been in charge of most of the complex decisions in the large institution.This year, Fortress Investment Group decided that it was going to sell it’s share to one of the most reputable institutions in America, known as Softbank. The two institutions have been making plans to form one successful institution for a long time, and this is why they reached to this decision.

Financial manager Wes Edens

He is a businessman and a sports owner. He is a co-founder in fortress investment group. Wes Allens is a co-owner of a national basket team known as Milwaukee Bucks(NBA) based in Milwaukee, Wisconsin along Mary lasry. He is also the owner of the league of legends. He worked as a managing director at Lehman brothers until 1993. This was the start of his career life. He late returned to Blackrock’s private equity firm division Blackrock assets investors, as a partner and managing director. In fortress investment group he was among the five co-founders. In Lehman brothers, he served in the mortgage trading division of its affiliate Blackrock’s financial management. In this firm, he founded his first private equity fund. Under the supervision of Wes Edens, fortress investment group included public and private traded alternative investments. He was featured in the wall street journal and was appreciated for building a business from investments.

Eden and his partners became paper billionaires when the Japanese firm, Nomura holdings acquired 15% of the fortress at the cost of $888 million. In 2009 Wes Adens became the co-chairman of the board of directors of fortress investments group. He aided in helping the company in initiating the fall of the stock price of fortress below one dollar during the subprime mortgage crisis. He did this by offering subprime lending. He also served as the chairman of the Fortress Transportation and Infrastructure Investors LLC up to may 2016. Wes Edens was behind the purchase of subprime, and he acted as a catalyst. Subprime made fortress Springleaf’s majority stakeholder.Wes Eden is also a philanthropist who is involved in aiding the less fortunate.

Wes Edens contributions are focused on improving the education, health and art related causes. Wes Edens giving’s exceeds $ 2.7 million. Wes Edens contributed to Partners in Health between 2007 and 2016, Samuel Waxman Cancer Research Foundation between 2010 and 2012. He also made various contributions to acumen fund, student sponsor partners, school for strings, Autism Speaks, University of Florida Foundation and Santa Barbara Museum of Natural History .his core goals is to help those who are faced by chronic diseases and help in aiding research work in determining the cause of the illnesses and the prevention measures. This can be illustrated by his aid in Samuel Waxman cancer research foundation. He also has been passionate about helping the less fortunate kid’s access to education and providing them with basic needs. He has donated millions of dollars to different children aid organisation to mode the children to better and independent beings.