In 2014 Herb Kohl was looking to sell a majority stake of the Milwaukee Bucks. Wes Eden and his partner Marc Lasry were willing to make an offer offering 550 million dollars. This offer was accepted on the condition that the two new owners would do everything it took to keep the Bucks in Wisconsin. The duo also promised to build a new stadium for the team that would cement their stay in the city. They recently commissioned the new stadium keeping the promise they had made to Herb in 2014. This was yet another achievement for businessman and investor Wes Edens. The former BlackRock managing director and partner has come a long way since he graduated from the Oregon State University with a Bachelors in finance and Business administration. After completing University, he joined a local bank in his home state before a friend encouraged him to move to New York, where he believed Wes Edens held better opportunities to progress in finance. Once he moved, he found a job at Lehman Brothers where he would work until 1993.
Wes Edens and his partners founded the Fortress Investment Group in 1998 and from that time he has committed his time and resources to the group’s operations. As the group continued to grow, his role grew joining the board of directors in 2006. He has remained a member of the board since then, and he remains committed to the group even after its acquisition by SoftBank. The acquisition, which was completed last year saw the shareholders get a 40 percent premier per share, which was a fair offer from the bank.
Wes Edens has spoken candidly about the acquisition sounding optimistic about the acquisition, especially following the new capital injection that came with the acquisition. The Fortress Investment Group had already acquired Brightline, a company that offers private passenger train services in Florida. They have been increasing the number of routes that they offer and in doing so continuing to grow the group’s portfolio within the Transport & Infrastructure sector. This has been an area that Wes has been very interested in and is keen to support.