About Wes Edens

Widely known for his accomplishments in the field of private equity, Wes Edens has established and managed several multibillion-dollar investment funds at Fortress Investment Group LLC in New York. As one of the co-founders of Fortress, Wes Edens has spent more than 15 years growing the company into a highly diversified, NYSE-listed investment firm with $58 billion in assets under management. The former CEO of Fortress from 1998 through 2003, Mr. Edens now serves as the co-chairman and principal of the company, as well as the head of its private equity division, a $15 billion core business unit with a wide range of investment foci. To this end, Mr. Edens takes positions in industries with a demonstrated ability to offset economic uncertainties with tangible assets, such as consumer finance, loan servicing, transportation, and real estate. From Fortress’ private equity funds to the publicly traded Newcastle companies, Mr. Edens advances a balanced investment approach that favors long-term growth for institutional clients.

As the former CEO and current chairman of the board of directors of Fortress’ Newcastle Investment Corp., Wes Edens has driven the development of this real estate investment trust since its establishment in 2002. Today, Newcastle owns and operates considerable assets in senior housing, collateralized debt obligations, and other investment opportunities that reflect the demands of an evolving real estate market. In addition to Newcastle, Mr. Edens serves on the board of directors of several companies in gaming, real estate, finance, transportation, logistics, and other sectors. He is the chairman of the New Residential Investment Corp., Nationstar Mortgage Holdings Inc., and Springleaf Finance.

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