Randal Nardone has built a noble career in the world of investment management. He has been part of Fortress Investment Group since 1998 serving as a member of the firm’s management committee. In 2006, he was appointed to sit in the firm’s board of directors as a member. Nardone has maintained a noble career at the leading alternative asset manager.
Fortress Investment Group was founded in 1998 with Randal Nardone, Wes Edens and Peter Briger as founding principals. The firm came a long way to establish authority in the market as a global investments management firm. 10 years after conception, Fortress started trading its shares publicly. With just an initial investment of $400 million, the company grew to manage over $43 million worth of assets on behalf of over 1700 investors from across the world. The success wouldn’t have been possible if not for the capable leadership of the three principals with Randal Nardone serving as Chief Executive Officer since 2013. Visit tipranks.com to learn more about Randal Nardone.
Mr. Nardone’s career doesn’t surround just Fortress but many other companies. The BA graduate from the University of Connecticut and JD graduate from the Boston University School of Law holds leadership positions at Eurocastle Investment, Impac Commercial Holdings, Seacastle, FMA LLC, Newcastle Investment Holdings, FM Falstaff Advisors, Florida East and many more. The visionary leader earned a position in Forbes’s World Billionaires List ranking number 557.
His work at UBS can’t go unmentioned because he played a major role in the company serving as a managing director. He was BlackRock Financial Management’s principal. His leadership capabilities were not only demonstrated at Fortress Investment Group, but also at a law firm Thacher Proffitt & Wood serving as a partner.
His outstanding service enabled Fortress to point out major lucrative investments on behalf of its clients and he steered the strategic direction of the firm which started as an equity firm. The firm has now embarked on a new path by joining forces with SoftBank. SoftBank acquired the firm for $3.3 billion last year, a development that will change the development direction of SB and the financial strategies of Fortress. The three principals led by Randal Nardone welcomed the new state of events as the firm became private. Visit: http://people.equilar.com/bio/randal-nardone-fortress-investment/salary/507223