Wesley Edens’ Affinity For Risk Puts Him On Top Of The Game

Wesley Edens, co-founder of Fortress Investment Group is a man with counterintuitive approach to investment. His rise in subprime lending can be majorly traced back to 2010 after the financial crisis. Wes Edens and his Fortress Group have invested over $3 billion in building a private passenger railroad in Florida when others crazing for self-driving cars investment.

In 2014, Mr. Edens became the co-owner of Milwaukee Bucks, putting his investment in a team whose hope for championships had escaped the minds of many over a half a century ago. Recently, his investment risk taking intuition drove him to buy a majority stake at the struggling EPL club, Aston Villa.

In a statement to dispel people’s fears of bad investment, he says that he wants to see things as they are and not as other people view them. He quips, “You have to make everybody suspend their disbelief that it won’t happen”.

Wes Edens co-founded Fortress in 1998 and he is still the co-CEO. In 2007, Fortress became the first private equity fund to go public, raising his stake to $2.3 billion. In 2017, Fortress was bought by SoftBank at a value of $3.3 billion raising his stake by 40% premium.

Mr. Edens was raised in a ranch in Montana, by a psychologist father and schoolteacher mum. He mostly spent his time outdoors. He says, “there were only two TV stations hence one had two options, to read books or leave the house”. He opted for the latter. During his teen years, he was a very competitive ski racer, a sport he loves to date. He likes skiing and rock climbing near Jackson, Wyoming where he owns the luxurious Caldera Hotel.

Wes Edens graduated from Oregon State University in Finance and Business Administration in 1984.After graduation; he worked with a small bank in Sana Francisco. Later on, an acquaintance at Merrill Lynch encouraged him to try his fortune at Wall Street. Being a risk taker and investment oriented, he gave it a try and landed a job at Lehman Brothers. Wes Edens later moved to BlackRock in 1993, where he was made partner and managing director. In 1998, he and a few colleagues saw an opportunity and decided to make it on their own, thus founding Fortress.

Visit More : www.cnbc.com/video/2018/05/25/fortress-wes-edens-on-brightline-rail-project.html

Wes Edens, The Savvy Businessman And Sports Enthusiast

Wes Edens, the Savvy Businessman and Sports Enthusiast

Wes Edens has always had a thing for sports. In the year 2014, he partnered with Marc Lasry and purchased the Milwaukee Bucks basketball team for the amount of 550 million dollars. Since then, he has been a huge part of the management of Wisconsin team which was reported to be worth 1.075 billion dollars as of February 2018. He also started a project to build a new sports arena for the team. With the success of this team, it was only natural that he becomes interested in making more investments in sports. He and another partner of his, Egyptian Billionaire by the name Nassef Sawiris recently bought more than half of the stakes of the English soccer club known as Aston Villa. By doing so, they are taking over form Chinese mogul Tony Xia who had acquired the team in 2016. Tony is, however, to remain on the role of co-chairman in coordination with the two billionaires according to the official statement released by the team. Wesley Edens is excited about this new venture and has a lot in store for the team.

Who is Wes Edens other than a sports fanatic and billionaire?

Wes Edens is one of the founders and principals of Fortress Investment group. Since the company was founded, he has been an active part of its management. Even after the sale of the company to SoftBank which earned him more than a billion dollars, he still remains among the heads of the company. He recently launched the company’s Brightline train project which he is in charge of. Before founding fortress with his partners, Wesley Edens worked at Lehman Brothers firm and before that, he was a partner at the BlackRock firm as well. he is also the founder of the New Fortress Energy and the chairperson of the Nationstar Mortgage company. This is a company that does subprime lending of home mortgages. It was previously known as the Centex Home Equity Firm.

Wes Edens was born in the year 1961 and attended the University of the State of Oregon where he got his B.S degree in Finance and Business Administration.

Visit More : en.wikipedia.org/wiki/Wes_Edens

Jason Hope On Success As An Entrepreneur

Life as an entrepreneur isn’t easy and finding success within the field is even harder. Jason Hope is a futurist, technology enthusiast, and prominent philanthropist. Born and raised in Arizona, Hope has worked his entire career toward establishing himself as one of the foremost entrepreneurs in the world today. Jason Hope has found success that few others in the industry have and for that we owe it to ourselves to analyze the path that he took in order to become the success that he is today. Let’s dig into the life and career of Jason Hope. Visit medium.com

With a reputation as a skilled futurist and a passionate entrepreneur, Hope has a lot to live up to for his title and fortunately, he has done just that. Hope attended Arizona State University where he nabbed his BA in finance before he went on to attend the W.P. Carey School of Business to round out his educational profile. Hope would hit the ground running with education in hand and he’d cite this process as integral in preparing him for the career path that he had chosen.

Still, life as an entrepreneur is hard even with the best of education at your back. In order to progress in the field, you have to know what you are doing and how you are attacking your day. While no two entrepreneurs will have identical schedules or rhythms, there is a common thread that runs through them all. For Hope, his work is all about staying prepared and staying invested in the field of research.

Jason Hope starts each of his workdays by getting out of bed early and getting some physical activity in. Once he’s knocked out some exercise, Hope scarfs down a healthy breakfast before sitting down at his computer. Once he’s sat down, Hope focuses on client interfacing, industry news, and compositing a list of work that he is aiming to get done throughout the day. As an entrepreneur, maintaining a schedule is incredibly important. Having a little bit of structure helps Hope to maintain his goals and work toward the overarching accomplishments that he is focused on attaining.

Read more on https://www.theinternetofthings.eu/jason-hope


Malcolm CasSelle: The Brains Behind WAX and OPSkins

Since he was young, Malcolm CasSelle has cared about arts, culture, education, and of course science and technology. CasSelle, alumni of Stanford University and Massachusetts Institute of Technology, is now President of Worldwide Asset eXchange and CIO of OPSkins. Before Malcolm became president of Worldwide Asset eXchange or WAX, he held many high positions at other companies including CEO of MediaPass, CEO and advisor of Xfire, Director of Capital Union Investments, and quite a few others. Malcolm is also an international entrepreneur, being Chief Technology Officer and President of Tribune Publishing, which is now New Ventures at Tronc Inc. It is clear to see that Malcolm CasSelle has always been drawn to the digital and technological industries, where he excels greatly at his career.

His current successes, Worldwide Asset eXchange and OPSkins, are two very well known virtual marketplaces. In fact, OPSkins is the world’s leading marketplace for online video game assets. Through the creation of OPSkins, video gamers all around the world are able to buy and sell virtual items with real money, and now cryptocurrency. Digital items are available to buying, selling, and trading for tons of different video games including PUBG (PlayerUnknown’s Battlegrounds,) Team Fortress 2, Ballistic Overkill, Battalion 1944, and so many more. In 2017 WAX was launched by OPSkins as a global marketplace for digital items, and in 2018 they began to offer WAX ExpressTrade a free, instant peer to peer trading service. Both marketplaces have taken off and became instant successes.

Being a decentralized marketplace for virtual items, WAX has solved the problems of fraud and fragmentation with their Blockchain and smart contracts. Not to mention, they are bringing a rise to cryptocurrencies. Through their blockchain power, Worldwide Asset eXchange is allowing WAX Tokens to be traded or exchanged for the cryptocurrency. WAX Tokens allow video gamers to instantly purchase and receive their virtual items, much like you can on OPSkins. With this system, cryptocurrency will become huge! Malcolm CasSelle has worked hard and became very successful in providing the best online trading platforms possible for video gamers all around the world.

Trust Stream Energy As Your Reliable Energy Source

Stream Energy Is Your Energy Service Leaders

Surprisingly, the Stream Energy leaders have been successfully established since 2005. Their founders were proud to bring their renewable energy source under a deregulated network. As energy provider leaders their goal is serving the areas that need it the most. As a multilevel corporation they focus on advertising is through word of mouth. They don’t use pricy ads that will affect their customers in the long run because they have to pay for those ads. They currently serve the Texas area, but operate with unique services across the nation. They have cellphone and security services among their network of services.

Recent Business News On Stream

There has been devastating effects of hurricane Maria on Puerto Rico. As a category 4 storm it left the small island in shambles. Unfortunately, it threatened to leave millions of people suffering and have a far greater impact on their social economic status. Stream Energy was one of the first ones that wanted to respond to the hurricane victims. They have been able to restore power to millions of customers. More importantly, this has saved many families from the impact of the devastating storm. Stream is proud to have donated generous time and resources.

You have the opportunity to become a part of their affiliate program with their investment program that continues to help thousands of their customers earn an extra income. You can sell their energy services to other customers through word of mouth to help their multilevel initiative. It has been a great source of income for many customers. You can sell as much or as little as you want along with their cellphone service and home security service. You don’t have to lift a finger to participate in cold calling. Their team of professionals just ask that you sell their services based on them being excellent network providers.

If you’re interested in becoming a part of the Stream Energy network, you can speak to a supportive customer service professional at Stream with your questions and answers today. Join Stream to streamline your energy services and save.


What David McDonald Says About OSI Acquiring Baho Food

Expansion for OSI Group and the acquisition of Baho Food has been a tremendous exchange for David McDonald. While the focus has been on expansion in the European market, the purchase of Baho Food has been a great boost for their business. The once privately owned enterprise has been a tremendous manufacturer and distributor of meat products for many years. With so much to say about OSI Group in the press, what does David McDonald have to say about the acquisition?

David McDonald has stated in recent interviews about the company that the management team is well acquainted and equipped for the European market. They are thrilled that at this time there has been nothing less than success in their expansion, and the acquisition of the European subsidiaries thus far. The main purpose of the acquisition was to capture as much of the European marketplace as possible. The operational methods as well as the manufacturing process has also been captured in an attempt to remain consistent with how things are done in European meat processing plants. While there is generally a consistent method of how meats are processed, it has been accepted to follow protocol with how processing plants conduct their operations in every country.

David McDonald was also okay with the employees remaining on board, in an attempt to retain as much normalcy as possible, the operational staff would remain the same. There was no intent to replace management teams in any way. Working together as a team, this would enable the company to not easily focus on preparing the regional and local cuisine as usual, but this would also be done with a staff that lives, eats, and breathes the culture. This was the best way to approach the transition to keep everything running smoothly, as well as make it easier for any new products and services to be brought on board that were now going to be new to the region.

OSI Group has become one of the largest meat processing companies in the world, and has expanded throughout Europe, China, and the United States. The company has been sound in keeping with all cultures and cuisines that they work with in all locations throughout the world.

Visit More : interview.net/david-mcdonald-osi-group/

Fortress Investment Group: Giant asset manager

Fortress Investment Group is a limited liability Company founded in 1998 by Randal Nardone, Wes Edens and Rob Kauffman. As of June 30, 2018, it has been managing $41.4 Billion of assets in the private sector. It is one of the world’s largest alternative asset managers with its headquarters in New York City.

Global Reach

Fortress Investment Group deals with credit facilities, permanent capital vehicles, and private equity. They have assets under management on behalf of over 1750 client. These clients range from institutional to private investors worldwide.

Open-end Asset Funds

To give clients a more convenient way to invest, Fortress Investment Group is using open-end asset funds. This type of fund is free from restrictions on the number of shares it issues on stocks. They do this through a private credit effort.


Fortress Investment firm also deals with funds that are meant for real estates, plane leases, intellectual properties, etc. The giant asset manager also owns and runs several other big businesses. They also own Brightline group of trains. The trains can run up to a speed of 79 miles per hour on the Miami and Fort Lauderdale route. On August 29, 2018, Brightline received $1.75 Billion in funding from Florida Development Finance Corp. This will go towards expanding the Miami-to-West Palm Beach route to Orlando with the project expected to end by 2021.

The firm partnered with iPass to offer its members investment opportunities in iPass. iPass operates the world’s largest Wi-Fi network. The partnership reached $20 Million.

20 Times Square

Fortress Investment Group partnered with Maefield Development and acquired the 20 Times Square Property in 2012. In 2015, they built a luxury hotel within the building. Also, they plan to refurbish the popular Palace Theater and add more outdoor screens. They will also lease some rooms to investors.


In 2014, Fortress Investment group won the Hedge Fund manager of the year award. It was also voted the Management Firm of the year.

$3.3 Billion

In 2017, SoftBank Group acquired Fortress Investment firm for $3.3 Billion. Founded in 1981, SoftBank Company owns stakes in more than 400 firms.