About Wes Edens and his time at Fortress Investment Group

Wes Edens is popularly known as one of the top investors and business leaders in the United States. He is also an entrepreneur credited for being one of the co-founders of the prosperous Fortress Investment Group. This investor, business leader, and entrepreneur is also the owner of the Milwaukee Bucks, one of the well-performing teams in the National Basketball Association. Apart from business and making money, Wes Edens is also a philanthropist. He focuses his philanthropic efforts on improving the lives of individuals around the globe and positively impacting major industries.

The Fortress Investment Group legacy

Fortress Investment Group is what this business leader and entrepreneur is most popular for. He and his co-founders founded this boutique private equity firm in 1998. Today, the private equity firm is among the most prosperous on a global scale boasting of more than $42 billion worth of alternative assets under its management. Additionally, Fortress Investment Group works with some of the largest and most sophisticated global investment partners. All of this progress that the boutique private equity firm has made so far is thanks to the savviness of its leadership, majorly Wes Edens.

The journey to the top

Under the leadership of Wes and his co-founders, Fortress Investment Group has grown to be one of the leading boutique private equity firms on the globe. This growth was fueled by the private equity firm’s aggressive creation and acquisition of companies. These were companies that were strategically placed to benefit the most from the transformative changes that were happening on the major global industries. The management of Fortress Investment group led by Wes Edens specifically targeted major sectors like financial services, infrastructure, healthcare, real estate, and media in their companies’ creation and acquisitions move.

Some of the most notable investments that this private equity firm made under the leadership of Wes Edens is the Brightline passenger rail. Today this passenger rail is managed in collaboration with the Virgin Group and was rebranded, ‘Virgin Trains USA.’ The New Fortress Energy which specializes in providing modern infrastructure that enables the creation of clean, reliable energy is also another of Wes notable investments.

Contact Wes Edens: www.crunchbase.com/person/wes-edens

Michael Nierenberg, the President and Cheif Executive Officer of New Residential Investment corp

Michael Nierenberg is a highly prolific businessman and a professional investor who has worked in many investment firms in the United States. He is remarkable in all the companies which he has served for the excellent work of helping the companies scaling to greater heights and increasing their productivity. Currently, he is the chief executive officer, chairman and the president of New Residential Investment Corp. Nierenberg is responsible for the growth and development aspect of the company.

New Residential Investment Corp is a real estate investment firm which mainly focuses on investing and managing primarily residential real estate and any investment related to it. It is a publicly traded corporation which runs under the management of Mr. Michael Nierenberg. He aims after driving returns whose risks are adjustable through for aspects: Investments in servicer advances, non-agency residential mortgage-backed securities, associated call rights, and excess mortgage servicing rights. The company delivers returns which are useful in driving the strengthening and growth of dividends to shareholders.

Before serving the company, Michael Nierenberg has been working as the managing director of Fortress Investment Company. Fortress’s affiliate serves as external advisors and managers of the New Residential Investment Corp. The highly professional business personnel have served many companies assuming various top positions. Some of the firms include the Bank of America Merrill Lynch where he was employed as the managing director of the bank and the head of global mortgages and securitized products. He started working with the company in the year 2008.

Nierenberg has also served as the head of global securitized products at JP Morgan Company. He was also a member of the board of directors of the investment firm. Before working with JP Morgan, Michael Nierenberg worked with Bear Stearns for more than ten years. He has worked as the head of interest rates and foreign exchange businesses, the co-head of structured products and the head of securitized mortgage-backed tradings. He was also a member of the board of directors of the investment firm.His work in all these companies was excellent and he deserves to be the CEO of New Residential Investment Corp.

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