Wes Edens, No Stranger To Investment

Wes Edens is Co-Founder of Fortress Investment Group in addition to a sitting member of its seven-member Board of Directors. He was one of five founding partners that formed the private equity firm in 1998. In 2016 it was estimated that Fortressed managed $70.2 billion in assets across its portfolio.

Before co-founding Fortress Investment Group, Wes Edens earned a Bachelor’s of Science at Oregan State University in Financial and Business Administration. In 1987, his career started at Legman Brothers, was a financial services firm based out of New York City. After leaving the firm in 1993, Edens than moved on to work at BlackRock Asset Investors where he was a partner and managing director.

With his education and on the job experience Wes Edens had prepared himself for a career filled with investments and opportunities that would go on to form many successes.

In 2006, Fortress purchased Nationstar Mortage, where Wes Edens would become chairman, for $575 million. Such a purchase provided Fortress with leverage in the home equity market, adding to their growing portfolio of business.

Another success was in 2007 when he and his partners took the firm public. AT the time, a publicly traded private equity firm was unheard of, but when Normura Holdings acquired a 15% stake in the firm Wes Edens and his partners became billionaires. Over the next two years, Fortress would sell an 8% share of the business to the public, which by 2009, amounted to $600 million. That same year is when Edens became a member of the company’s Board of Directors where he was able to pull the firm out of the subprime mortgage crisis.

Leading Fortress’s private equity business, Wes Edens made Fortress a majority stakeholder in the subprime lender Springleaf Financial Services. In 2015, their investment had increased by more than 27x, netting the firm $3.5 billion on an initial investment of $124 million five years prior. Easily considered another successful move by Edens, he received praise from the like of The Wall Street Journal.

Combined, Springleaf and Nationstar allow Edens and Fortress to construct a lucrative private equity business with assets of $14.7 billion.

Edens is also a co-owner of the Wisconsin Bucks, which he purchased for $550 million in 2014. He has built commissioned the construction of a new stadium for the team and has dedicated some of his time to teach players on the team how to better their finances.

Not only did he buy a team, which some could argue as a reasonable investment, but Edens also ensured his team was an all-around success.

In keeping with sports, in 2017, Edens went on to form a League of Legends team called FLyQuest. Also owned in part by Fortress, in 2016 the team took part in the North American League Championship Series.

Through and through, Wes Edens is a man who does not follow the pack but leads it. He obtained wealth in various capacities including a globally successful business, two national teams, and a family.

Wes Edens’s Facebook Page: www.facebook.com/public/Wes-Edens

Randal Nardone Brings a Positive Outlook to Investing

Randal Nardone always works to give people a chance at the right investments. He took a risk when starting Fortress Investment Group, but that meant he got the excellent reward that came from taking a great risk. It was his idea to start a company that would see great success in the future and everything he did goes back to the hard work he put into the business. It was his goal to always give clients the help they needed. Randal Nardone spent time training those who were working in the business so they could make more money and give the people the options they needed. For Randal Nardone, the business keeps getting better. He knows what he’s doing and isn’t afraid to give people the chance they need to see a lot of successful trades in their future.

The stocks will keep getting better and people will keep using them to trade the right way. Randal Nardone knows it is necessary to always make things better for everyone he works with. By coming up with new plans and always making people understand how important investments are, Randal Nardone gives them a chance to do better. Despite some of the issues that come from investing and some of the things Randal Nardone can do to make investments work on his own, he knows there are things that people will do with Fortress Investment Group that will not work. He always planned on helping these people by showing them how they can recover from the poor investments they make. He uses his own past mistakes as an example of what they can do to fix problems.

He made a lot of mistakes in the beginning, but they paid off by helping him now. He is more successful because of them.While Randal Nardone is a billionaire, he still works with the company. The success Fortress Investment Group has had throughout the time they’ve been operating further contributed to Randal Nardone’s wealth. He knew how to make more money and try other things that would help him be successful. As long as Randal Nardone knew how to give people attention, he felt there were chances he could make more money. He often took those chances and they paid off. Randal Nardone made money and became extremely successful because of his dedication to the business and the clients he served through Fortress Investment Group.

Equities First Financial Holdings Is A Great Place

Bankers today are not liked by people. This is due to a few reason, but the main reason is that people do not think that people are giving them the best and most honest information. In order for you to know that you are getting the best information, you need to save your money and find a business partner you can depend on. The crew over at Equities First Financial Holdings is a great place for you to go if you are looking to meet with so one wh can help you with your financial future. The Omahas office all over the world where people can work with their own financial advisor. However, the company does not just help you with financing e the company is also able to give out loans to some of their clients depending on their needs. The loans have some of the best rates out there.

About Equities First Holdings: www.crunchbase.com/organization/equities-first-usa