Wed Edens is a principal of Fortress Investment Group, an investment firm he co-founded 20 years ago. His role at this company is to invest in private equity firms and to also manage a hedge fund. Prior to Fortress, he worked for both Lehman Brothers and BlackRock as a partner and managing director at both of these companies. He is a member of the 1984 graduating class of Oregon State University and was born and raised in the state of Montana.
Brightline is Wes Edens latest project. He established the first privately owned and operated passenger rail system in America in South Florida. Brightline offers express train service between the cities of West Palm Beach, Fort Lauderdale, and Miami. Future service is planned to Orlando and possibly other cities as well. Its first trip took place in May 2018 to a great deal of fanfare.
Wes Edens says that the Brightline concept can be applied in other parts of the country. Where he sees it as a good fit is between cities that are too close to fly between but too far for a trip by car.
He has been studying getting Brightline service between Dallas and Houston as well as Atlanta to Charlotte. As for the rail system in Florida, his company Fortress Investment Group owns the rail system. He is also planning to develop a large train station in Miami which will have condos, apartments, retail stores, and restaurants.
Along with an Egyptian entrepreneur, Wes Edens also recently became an owner in the United Kingdom football league. The bought a 55 percent share of Aston Villa from Tony Xia, a Chinese businessman. They bought 4 million shares and could be looking to buy more. As a result of this purchase, the Alton Villa team received a £4million injection of funds and Wes Edens and Nassef Sawiris are allowed by league rules to put in another £4million. When talking about this deal an analyst stated that their approach to being owners of this team is much more sensible than what the prior owner had been doing.
Learn More: www.wesedens.com/