Randal A. Nardone is one of the co-founders of the Fortress Investment Group. He also has various roles in the company, that includes the head of the investment in the Fortress Investment Group. He has been in the company since 1998. There is a history that he partnered with Wesley Edens to start the Fortress Investment Group.
This is because there was a need for starting a company since the competition began looming. The good thing is that he natured in the field of finance. The company now offers high-quality services and now has made quite some improvements. He is professionalism in some positions based in the finance field. He has assisted in the development of finances in other companies and more so his clients.
Randal Nardone had an interest in the field of law. This has given him an idea of connecting the financial industries with the legal sector. With this leadership, Fortress Investment Group has been named as one of the largest investment firms. He studied at the University of Connecticut acquiring a bachelor of Arts degree in English and Biology.
Randal Nardone also attended the Boston University and obtained a Doctor Jurisprudence Degree.
Randal Nardone was the principal of BlackRock Financial management. He was a managing director at UBS. He was also the head of Springleaf Financial Holdings.
Randal Nardone proceeded in being the secretary of Newcastle Investment Holdings, LLC. Furthermore, he became the Chief Executive Officer of Fortress Registered Investment Trust. With all this recognized by the favorite Forbes magazine. He was listed as the five hundred and fifty-seven (557) billionaire in the Forbes magazine.
Randal Nardone’s view on Softbank purchasing Fortress Investment Group was quite an optimistic view for him. He said that it would strengthen the company. It would make the company grow faster and have accessible credit sources.
They divided the total revenue gained, and the rest were set to private equity, credit hedge funds, and capital vehicles. The employees that have worked with him stated that he is a great role model to watch; and that he treated his employees quite well.