Monthly Archives: September 2018

International Investor Relations Expert Gareth Henry

Gareth Henry joined the Fortress Investment Group as its Global Head of Investor Relations after holding that same position at several other companies. His experience and dedication to providing clients with the type of service they need from their chosen financial investments firm is what made him the kind of successful asset manager that has been sought out to lead global relations at other companies such as Angelo, Gordon and Company, an independently owned partnership that is focused on managing credit, real estate and private equity investments, and that is headquartered in New York with offices in Europe and Asia.

While he was an executive at Fortress Investment Group, which was one of the world’s top highly diversified global investments management operations, Gareth Henry worked in both its US and London offices. His international relations skills was a big part of what helped the business grow into one of the largest private equity firms in the world, and become the first one to be traded publicly on the New York Stock Exchange in February of 2007. During his two years at Angelo, Gordon and Company, the UK native, who has stated that client services is critical to the success of global investment management, helped the hedge fund firm manage approximately $28 billion in assets. He also worked at another money management company called Schroders as a Managing Director.

After graduating with honors from Heriot-Watt University in the UK, where he earned a Bachelor of Science degree in Actuarial Mathematics and Statistics in 2001, Gareth Henry went on to become a Management Researcher at Watson Wyatt, a financial consulting firm. The highly experienced global relations manager further advanced his education when he became a Fellow of the Institute of Actuaries in 2004 and a Fellow of Society of Actuaries in 2007. In order to become a Fellow of these institutions, applicants are required to have completed their studies at a college and earned a degree in their chosen major. They also have to have proven work experience in the business industry. Through his hard work as a student and an executive, Gareth Henry met all of those requirements.

Wes Edens, The Shrewd American Entrepreneur

Wes Edens, the shrewd American entrepreneur

Wesley Robert Edens, popularly known as Wes Edens is one very successful businessman in the United States. He attended the State University of Oregon where he majored in Finance and graduated in 1984. He rose in ranks in 1998 when he took part in the founding of Fortress Investment Group. Prior to that, he was a successful partner at the Blackrock Financial Management Firm since 1993 and previously a partner and managing director at the Lehman Brothers Firm from 1987. He is currently an investor in several industries including fiancé, real estate, healthcare, media, transportation and sports as well.

Wes Edens at Fortress Investment Group
• Wes Edens at Fortress Investment Group

In addition to being a co-founder of Fortress, Wes served the company as the chief investment officer of the private equity department. He performed his role tremendously so much that he was named the King of Subprime Lending in an article by the Wall Street Journal after the led Fortress in the acquisition of Springfield financial lending, Centex Home Equity Company among other subprime lender companies that played a major role in the success of the company.

Edens was also the co-chief executive officer and co-chairman of the company.

Wes Edens and the sports industry
• Wes Edens and the sports industry

Wes is a known sports enthusiast which would explain his interest in the industry. In collaboration with the Egyptian Billionaire entrepreneur Nassef Sawiris, Edens purchased 55 percent of the stakes of the British soccer club; Aston Villa. As the new largest shareholders of the club, Wes and Nassef have been named co-chairpersons in coordination with the previous principal, Tony, a businessman from China. Wes is determined to help the club reach its full potential by paying keen focus on its management, methods of practice and training and most importantly a keen and crucial analysis of its players.

Wes Edens has also been a successful co-owner of the Milwaukee Bucks basketball team for some years now.

Wes and the transportation industry
• Wes and the transportation industry

Edens has played a vital role in the acquisition of the Brightline train. The train is the one of the privately owned and operated passenger rail systems in the United States. Brightline runs routes between West Palm Beach and Fort Lauderdale and has recently extended to magic city in the quest to provide passengers with a green and friendly form of transport.

The train is fitted in with power outlets, leather seats, USB ports, Wi-Fi, and food services as well. The success of Brightline is likely to lead to an increase in real estate prices in the areas it routes which means more accomplishments for Wesley who is also an investor in real estate.

Visit More : www.wesedens.com/

Fortress Investment Group to manage the only privately owned rail system in the US, dubbed Brightline

Commuting between Miami and Fort Lauderdale has always proven to be a headache for residents residing in these areas thanks to the significant traffic snarl-ups which occur during rush hour. According to residents, commuting between the two places when there is no traffic takes only half an hour but this time tends to double up during rush hour, and the scenario becomes even worse if there is any event disrupting regular commute. However, this is about to become something of the past thanks to Wes Edens’ Brightline train.

The brightline train will now ease the congestion that was there previously by offering an alternative commute option between the two towns. Additionally, it will be the only rail system that will be privately owned in the United States as it is under the management of the alternative asset management firm, Fortress Investment Group. The route between Miami and Lauderdale was officially launched in 2018 and has received a lot of press coverage thanks to the positive impact it brings to Miami, also known as the magic city. For instance, besides easing congestion significantly, the route also offers an eco-friendly travel option.

Before reaching Miami, the route was serving residents of West Palm and Fort Lauderdale. It now runs between the Magic City and Fort Lauderdale multiple times and starts its first trip from Miami as early as 7.10 AM and closes as late as 11.10 PM. The first departure from Fort Lauderdale takes place at 6.12 AM, and the last one takes place at 9.42 PM. Movement between the two towns will now take approximately 30 to 35 minutes as it eliminates any traffic disruptions. Besides reducing travel times, passengers will also enjoy other complimentary services which will help them take their mind off commuting such as WI-FI, USB and power outlets, eateries and snug leather seats.

Apart from making commuting easy, the Brightline train has further brought a series of changes to the towns it passes through. For instance, it has made residential homes close to the routes more attractive causing the prices of real estate to escalate. For example, more people are now looking to settle in South Florida thanks to the Miami Central station which has brought with it significant developments such as modern residences and eateries.

About Fortress Investment group

Fortress Investment Group is a global asset management firm established by Wes Edens, Randal Nardone, Rob Kauffman and Peter Briger in 1998. The firm which started off managing assets worth $400 million now oversees assets worth over $40 billion for investors worldwide. Fortress Investment group is based in Chicago and has a client base of over 1700 investors in different corporate arenas and is a source of income to over 900 people who are members of its staff.

Visit their website: https://www.fortress.com/