Wes Edens Currently Serves as the co-owner of the NBA Basketball Team

Wes Edens is a private equity investor, hedge fund manager, and philanthropist. He is the founder and president of Wes Edens Capital Management, which has stakes in various companies globally, including Brightline and Stagecoach Group.  An article in “Forbes” by Keven Lerner and published on November 1, 2013, describes Mr. Edens as a “philanthropist.” In 2014, Mr. Edens donated $100m of his company’s cash reserves to establish the Jewish Federation of Palm Beach County. The donation would create a joint project involving AIPAC and the North American Forum. A spokesman for WesEdens Capital said that the announcement was made in support of Israel during the recent conflict with Hamas militants in Gaza. The Chief Executive Officer (CEO) of the Jewish Federation then stated that WesEdens’ donation had been used to assist in restoring and repairing community centers.

In December 2016, Mr. Edens donated $5 million to the University of Oregon. The donation was made so that the school could build a state-of-the-art athletic center. This move came after Oregon had hired WesEdens Capital Management to help in the management of its investments. The company said it would use the money for various projects over the next five years.

Mr. Edens is known for his work in professional sports and entertainment industries, focusing on acquiring and owning individual teams (e.g., Milwaukee Bucks) and operating sporting events (e.g., Coachella). He has also made investments in golf course resorts and other hospitality businesses. Refer to this article to learn more.

Wes Edens currently serves as the co-owner of the NBA basketball team, Milwaukee Bucks. He also co-owns the National Lacrosse League’s (NLL) Nashville Knights. Mr. Edens has helped to develop a minor league soccer team called Miami F.C. that international soccer star Paolo Maldini currently owns.

He was previously involved with the American Basketball Association’s (ABA) Anaheim Arsenal and Memphis Houn’Dawgs, which he bought with his business partner, Marc Lasry. Wes Edens continues to be involved in professional sports, holding part ownership of the English Premier League soccer club Aston Villa F.C.