Wesley R. Edens is a co-founder and co-CEO of Fortress Investment Group LLC. Fortress, founded in 1998, is a global investment manager with approximately $40.9 billion of assets under management as of March 31, 2018. Under his leadership, Fortress has developed and owned transportation and infrastructure projects across the world and built industry-leading businesses in real estate, health care, financial services, media and entertainment.
Mr. Edens founded New Fortress Energy in 2014 with a commitment to help accelerate the world’s transition to clean and renewable energy. Beginning with the development of its first liquefied natural gas (LNG) plant in Miami, Mr. Edens has led the effort to grow New Fortress Energy into a global energy infrastructure business. He has overseen all of the business and market development activities of the company, including the successful partnership with Jamaica to build the country’s first LNG terminal and deliver natural gas for three power plant projects.
In 2014, Mr. Edens also became a co-owner of the Milwaukee Bucks and led the effort to deliver a new arena to the city of Milwaukee for the NBA franchise. Opening in 2018, the $524 million Wisconsin Entertainment & Sports Center is the centerpiece of an ambitious development project spearheaded by Bucks ownership to transform 27-acres of mostly vacant property into a vibrant entertainment district.
Mr. Edens has been the catalyst for the development of Brightline, the first privately owned, operated and maintained passenger rail system in the United States that will connect Miami to Fort Lauderdale, West Palm Beach and eventually Orlando.
In addition to serving on a number of professional boards and commissions, Mr. Edens is a trustee and longtime supporter of the U.S. Ski and Snowboard Team Foundation and an active philanthropist. He and his family established The Edens Family Fund for Climate Change Research at Princeton University, a gift that launched the Urban Challenge within the Princeton Environmental Institute. He served as inaugural co-chair of the Brown School of Public Health Advisory Council and endowed a professorship at Macalester College in St. Paul, Minn., the Edens Professorship in Global Health, along with a research fund to focus on solving international infectious disease and environmental health hazards.
Prior to founding Fortress in 1998, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers.
Mr. Edens received a B.S. in Finance from Oregon State University.