Wesley Edens is the brainchild behind Fortress Investment Group. Wes Edens has several investments in different sectors of the economy ranging from media, healthcare, financial services, infrastructure, transportation and real estate.
Wes Edens recently made headlines after the announcement of the partnership between Brightline and the Virgin Group. The partnership will see the construction of one of a kind intercity passenger train which will be privately owned. This cooperation will spurn a total of 100 years. The partnership will also bring together the expertise of Wes Edens and Virgin Group CEO, Sir. Richard Branson.
Through the acting CEO, Wes Edens, Brightline will utilize the brand and marketing prowess by Virgin brand. This partnership will be fostered for future developments thus creating the Virgin Trains USA. The transitioning from Brightline to Virgin Trains USA started off recently and the branding is bound to follow suit in 2019.
The move will see the Virgin Group become a minority shareholder. The investments will be managed through the Brightline board of management which is a close associate of Fortress Investment Group. Learn more at fortress.com for more info.
Brightline is currently operating the passenger rail system based in Florida and transcending into Miami, Fort Lauderdale and the West Palm Beach. The firms’ future plan includes expansion plans to cover the services in Orlando and Tampa. The interconnection plan is seen to expand and offer a connection to Las Vegas to also cover Southern California.
The Virgin Group currently is constituted of more than 60 firms that are focused on the different consumer sectors. This transcends into sectors such as travel, telecoms, leisure, music, entertainment, media, health and financial services.
The move is set to revolutionize the train travel in America. This would see millions of train travelers connected through the Virgin brand. This would hold the potential to the hospital businesses under the Virgin Group such as Virgin Atlantic, Virgin Voyages and Virgin Hotels.
The Virgin Group will bring on board the experience garnered from operations in the UK rail sector. Fortress Investment Group which is an affiliate of Brightline is set to retain a major share of the Brightline ownership. Brightline will take over the daily operations, development of business, engineering and the overall strategy.