Oregon State University is one of the most prestigious universities which are known for the production of high minds. The minds of the great Wes Edens can be traced back to this great institution. Wes Edens is renowned business well recognised for his success as a private equity investor and a businessman. He is the CEO of the Fortress Investment Group.Wes is a graduate of the Oregon State University who graduated in 1984. He has a degree in finance and business administration. After his graduation, Wes Edens proceeded with his career journey in the finance industry where he worked for the Lehman Brothers.Wes worked his way up the career ladder and later became one of the managing partners in the Lehman Brothers company. He served as the managing director until 1993 where he changed his career and started working with Black Rock Asset Investors as the managing director until 1997.Later Wes Edens met with some four individuals and together they formed the worldwide global economic powerhouse which grew into the present Fortress Investment Group which was founded initially as a private investment firm in the equity industry.
The Career of Wes Eden at the Fortress Investment Group
During his career as the managing director at Fortress, Edens was well known for his excellent investment strategy.He had tactics and styles which could build up the business through various investments made.Using his expert leadership, Wes made fortress investment Group become the first public trading company in the entire globe. In 2007, the company held its first initial public offering. That acted as a landmark in the whole of American economic history.After becoming an IPO, the company has spread its wings and become one among the large alternative assets management companies.
The company was later bought by a technology firm, known as Softbank Group Corporation in 2017. During the cooperate merger, fortress gained a total of 140 million dollars during the incorporate valuation. This came from the ability of the company to charge a rate of 2.25 dollar premium in the stock market.The software group also agreed to give 8.08 dollar per share entirely for the company. Fortress investment group has since maintained its capability to perform well while working as a subsidiary of the S0ftbank group which is based in Japan. Wes Edens has maintained an excellent position in the Forbes billionaires list and is now known to be a great CEO, philanthropists and an investment strategist.