One of the founders of Fortress Investment Group, Wesley Edens is the head and the company’s private equity chief investment officer. He works in investing in media, financial services, healthcare, infrastructure, and transportation services for various organizations.

He has multiple company positions that include: the Chief executive officer assistant, chairman of private equity and others. Before being in the Fortress Investment Group, he was involved in the BlackRock Financial Management Inc. He was also the managing director at the Lehman Brothers.

The Fortress Investment Group once bought the subprime lender Springfield Financial Services. This was under Wes Edens management.

The firm went on to buy Center Home Equity Company, LLC and Nationstar Mortgage. Besides all the work of companies, he is a sports fanatic. He is one of the members who purchased a basketball team in the United States of America.

It goes by the name of Milwaukee Bucks. They bought it for $550 million. He said that he would build a new arena for the team. This was when he talked to Herb Kohl. He studied at Oregon State University.

Wes Edens studied finance and business administration. He finished his studies in 1984 when he received his bachelor’s degree in Finance and Business Administration.

Under his management, the Fortress Investment Group developed on transportation and infrastructure projects. In 2014, he founded New Fortress Energy. It works on developing clean and renewable energy.

They introduced a liquefied natural gas plant in Miami. Wes Edens enabled the partnership with Jamaica to build the first liquefied natural gas terminal. This was delivered in three power plants in the country.

Wes Edens activated the Brightline that operated on passenger rail system in the United States of America. It connected Miami to Fort Lauderdale, West Palm Beach, and Orlando.

Wes Edens’ family together with him introduced The Edens Family Fund for Climate Change Research at Princeton University.

Wes Edens also assisted in chairing the Brown School of Public Health Advisory Council. He has worked through his days to become a great man. Many countries and many people know him for his efforts that he makes.

View: https://www.cnbc.com/video/2018/01/12/brightline-private-rail-opening-to-the-public.html


How the Short Selling Expert Sahm Adrangi Made Kerrisdale the Extra Ordinary Capital Company

Sahm Adrangi who is the CEO of Kerrisdale Capital Management is a graduate of Yale University. He holds a bachelor in Economics. He Analyst career began in Deutsche Bank in 2004 where his primary role was leveraging Finance.He later Moved to Chanin Capital, and Sahm was an analyst in bankruptcy restructuring group of Chanin which is a boutique investment bank with offices in Los Angeles and New York. In2007, he left Chanin for Longrace Fund management where he was an analyst in $2billion distressed debt fund before moving to Kerrisdale as the founder and CEO in 2009.

Kerrisdale is currently valued at $1million and manages more than $150million.Adams is known for short selling and public research, and in a current interview, he gives an insight into short-selling. Sahm Adrangi through his company Kerrisdale has currently raised more than $100million to bet against one stock. The money has been raised through a co-investment which is one of its kind. The funds raised will be used to short stock a public company that has yet to be unveiled. Sahm Adrangi seeks to ensure people understand how Kerrisdale works and together with his Analyst are making sure that the campaign gets to as many people as possible. The company that is involved in short selling would later be unveiled, but as for Kerrisdale they already established their position in the public company.

Kerrisdale which began in 2009 will manage more $500 including the money from the new company has a made itself a name in shortselling and betting against companies. The company has a return of 28% has held other short position such as in the sage therapeutics,Zafgen, and Globalstar, a satellite company. Adrangi has set main focus on specific sectors where his company has over the years gained expertise. The company has mainly focused on biotechnology and the mining sector.

Sahm has many publications to his name, and this includes research materials. He has also been part of Lindsay Corporation Management to assist them to optimize on how they use their cash. Sahm has also given several public addresses in some conferences including Sohn conference,distressed debt investing conference,activist investor conference and traders for a cause conference among others.

Learn More: www.crunchbase.com/person/sahm-adrangi