Wes Edens was the Catalyst in Purchase of Springleaf Financial Services
Successful investor and businessman, Wes Edens was the catalyst in the purchase of Springleaf Financial Services the subprime lender is formerly known as American General Finance and created an extremely lucrative return on investment for Fortress Investment Group with the purchase. Wes Edens is Chief Investment Officer and Head of Private Equity serving as President and Co-Chief Executive Officer at Fortress Investment Group and has established a representation as a shrewd businessman and intellectual investor that it created a tremendous career of high rates of return on investment in private equity, hedge funds, and real estate vehicles that can be categorized as distressed assets, illegal credit Investments, and undervalue assets. Fortress Investment Group has assets under management totaling over $67.5 billion which provides the resources and capabilities to execute analytically sound investments from around the globe.
With the leadership of Wes Edens, Fortress Investment Group expanded and in 2007 to be the first buyout company traded on Wall Street. Mr. Edens was the catalyst for the Springleaf Financial Services purchase that totaled over $125 million. The purchase of Springleaf catapulted Fortress Investment Group into the largest consumer finance company in the industry. Springleaf is a company that specializes in providing financing for the majority of the population of Americans by providing simple basic lending instruments that individuals can use to finance the basics of their everyday lending needs. Fortress Investment Group has a high intellectual and knowledgeable staff that utilizes resources and technical analysis and evaluation techniques that provide opportunities to generate returns on investment that are well above the general norms on the market.
With the purchase of Silverleaf Financial Services, Fortress added a key instrument to his portfolio that created a windfall return on investment that was more than 27 times the initial investment. Wes Edens has provided the needed leadership and guidance within Fortress Investment Group to provide the key insight into the development and evaluation of some of the best alternative asset investments within the investment community. He’s established a reputation as one of the leaders and pioneers in the subprime lending category and with the purchase of Silverleaf Financials; Wes Edens has solidified his position at the top of this investment sector. Wes Edens is a successful businessman and investor and was the catalyst for the purchase of Silverleaf Financial Services the subprime lender and created a very lucrative return on investment for Fortress Investment Group.