Wes Edens Continues to Accomplish Great Things

In 1984 Wes Edens future looked bright. He had just graduated with a Bachelors in Finance from Oregon State University. While many people go on from college to live an average life, he made sure his life was far from average.In 1987 he became a partner and managing director at Lehman’s Brother where he stayed for six years. Afterward, he went to a private investment firm before he started Fortress Investments with four other gentlemen.What makes their company unique is the fact that they became the first public buyout firm in 2007. With Wes Edens ability to look at his company with, as the Wall Street Journal puts it, “contrarian bets, creative financing and a knack for building a business from investments” the company soared, selling eight percent of their stocks for a total of six hundred million by 2009.

In addition to focusing on his own business, he gladly helps with other companies that Fortress Investments has acquired. One of these is Springleaf Financial Services, which at the time of purchase was known as American General Finance. This is particularly special to Wes Edens because he spearheaded the purchase of this company and helped it to grow from one hundred and twenty-four million dollars initial investment to three point five billion dollars in a mere five years.Another company is Nationstar. Nationstar is a mortgage company. After purchasing the business, he helped them focus their efforts on advocating for rehabilitating foreclosure homes which helping them to sell at better prices.

This was crucial as he came into the company two years after the recession hit.One of his accomplishments not related to his business was the purchase of the Wisconsin Bucks Basketball Team in 2014. He promised the community that he would keep the team in Wisconsin and build a new area for the team as well. In 2016 he held to his word and the five hundred and twenty-four million dollar project is set to be completed later this year.Many of us want to do great things but in the last thirty-four years since his walk across that college stage, Wes Edens has done great things and he is not stopping here.

Highland Capital Management Conquering Latin America

For a long time, Latin America has been faced with fiscal imprudence, high inflation, and unstable currencies. For instance, Brazil has been hit by unending corruption scandals that have impaired fiscal reforms in the country. On the other hand, Venezuela is faced with extreme inflation, crippling energy sector and severe economic crisis that has led to massive emigration. Although there are some countries in the region with impressive economies, their market sizes and the issue of liquidity is a big turn off to most investors. Visit highland.com to know more.

Argentina providing unique opportunities

According to experts from Dallas-based Highland Capital Management, Argentina is different from most Latin countries. The company has established offices in Sao Paulo and Buenos Aires that are meant to serve the whole region. Argentina is the third largest country in the region and is endowed with a variety of natural resources and an educated population. However, the country has experienced political upheavals in the past that have hindered economic development. In the recent past, the political climate in the country has improved significantly and therefore providing a unique opportunity for investments.

Highland Capital Management activities in Argentina

During the debt recovering process, Highland Capital Management was one of the largest investors. The debt in the country surged during the one of the worst economic crisis of the country’s history in 2001. Several recovery efforts were made and it is after Macri’s win that an agreement was reached with lenders that necessitated re-entry of the country into the international markets. At the same time, Highland Capital Management was preparing strategies meant to align with the anticipated economic recovery. Read more about Highland Capital at prnewswire.com.

Initial exploration of Argentina

Highlands Capital Management CEO and co-founder James Dondero started exploring Argentina as an investment opportunity way back in 2012. His explorations led to the company entry in the sovereign debt. The leadership of the company trusted the economic policies proposed and continued to diversify beyond the sovereign bonds.

About Highlands Capital Management

Highlands Capital is an alternative investment manager with a footing across the world. It was established in 1993 by James Dondero and Mark Okada and is headquartered in Dallas, Texas. The company has grown to be a leader in Asset management, banking, and other financial services.

Read: https://affiliatedork.com/highland-capital-management-adds-co-cio-to-enhance-client-outcomes