Businessman Wes Edens is one of the co-founders of Fortress Investment Group. This company, headquartered in New York City, is one of the world’s leading alternative assets management firms. His specialty is private equity and some of the companies he has invested in are New Senior Investment Group, Brightline, Springleaf Holdings, and Nationstar Mortgage Holdings. He is a graduate of Oregon State University and earned an undergraduate degree in business administration and finance in 1984.
Brightline is his latest venture. This company operates a private train service in Florida and the concept could be applied in other American markets. Wes Edens says that the trains they operate can hit speeds of 135 miles per hour and allows people to make trips far faster than they could on congested freeways. The current line runs from Orlando to Miami and has two stops, ones in West Palm Beach and the other in Fort Lauderdale.
It has been reported that Wes Edens is exploring putting private trains between other cities which, like Miami and Orlando, have way too much traffic between them. Other cities he is said to be exploring for private train service are Chicago and St. Louis, Charlotte and Atlanta, and Houston and Dallas. In addition to being quicker than traveling by cars, his train service is affordable, costing just $15 to get from Miami to Fort Lauderdale.
Wes Edens has already been one of the owners of the Milwaukee Bucks for a few years. In July 2018, he also invested in Birmingham, England’s Aston Villa Football Club. This is one of the most storied football clubs in the United Kingdom. They had been in the Premier League for years and have spent the past few years trying to get back in. They also accomplished this goal earlier this year but lost their final game.
Along with an Egyptian business partner, Wes Edens now owns 55 percent of this club. They are now investing in this club, including in new players, in order to achieve their goal of getting back into the Premier League after this next season.