Investing is a risky affair that investors usually undertake every time they want to commit their resources to a particular project. Diversification is one of the highly recommended methods of minimizing risks. Wes Edens stands as one of the most respected investors in the financial industry. Edens has mastered the art of diversifying with the motive of reducing the losses that one of his investments is likely to face. Here are some of the properties where Wes Edens, representing Fortress Group, has invested his finances. Edens has invested in the energy sector where he is currently establishing a green energy plant in Jamaica to supplement the energy from the national grid. A similar plant has already been established in Miami to assist with the supply of clean energy without damaging the environment. Energy is an essential component in the world today that is helping various organizations to run while at the same time powering homes.
The other investment undertaken by Wes Edens under the blanket of Fortress Investment Group is investing in real estate properties. Edens owns properties in various parts of the country. Some of the properties are located in the prime areas which makes them much valuable and hence profitable to the progress of the company. Edens, on behalf of Fortress Group, controls other real estate organizations that trade in the New York Stock Exchange. All the shares owned by these companies are controlled and managed by Wes Edens, who represents Fortress Group. One thing that distinguishes Wesley Edens from the leaders from other organization is his vision for the future leadership.
To ensure that there is a proper succession strategy in the leadership of Fortress Investment Group, Wes trains the upcoming leaders in his company to ensure that they acquire the right leadership skills to propel the company to a higher level after the retirement of the three co-principals. One of the strategies that he has used to impart these skills to the youths is by facilitating the establishment of an academy at Fortress Investment Group’s premises that makes available all the necessary training and learning programs for the interested employees. Lastly, Wes Edens has also played a key role in investing in other areas such as infrastructure projects by building a private rail network that connects Miami with other cities among other vital projects. Fortress Group has also invested in other areas such as medicine, entertainment, and buying alternative assets. This illustrates how the company has diversified its investments to avoid or minimize losses.