Randal Nardone is the founding partner of the Fortress Investment Group LLC which was established in 1998. He currently serves as the CEO, principle, and director of this investment management company from the time it was started. In 2006, he received an appointment to the directors’ board. He co-founded Fortress with an aim of helping other people by giving them an opportunity to have a better future.
As part of his career achievements, Randal Nardone holds a Bachelor of Arts in English and Biology from the University of Connecticut. He also earned a J.D from Boston University Law School. At 55 years of age, Nardone was featured in the Forbes magazine’s World’s Billionaires list in 2007. He is worth roughly 1.8 billion dollars. His rise to the billionaires’ list was as a result of the company’s IPO early that year. During this time, Randal actively represented the firm as one of the Fortress Five. Since this period, his name has dramatically fallen from the billionaires club.
Randal Nardone gained vast experience in his professional career while working as the UBS managing director before joining Fortress Investment Group. He had also previously worked as BlackRock’s financial management principal prior to his tenure at the Swiss banking giant. Besides, he had served at Thacher Proffitt & Wood law firm as a partner and the executive committee member. Moreover, Nardone holds other prestigious positions including the Secretary and Deputy President to Newcastle since its inception. He is also the director of the Brookdale Senior Living, Inc. among others. All these roles have greatly enhanced his impeccable performance at the Fortress Investment Group.
The success of Fortress Investment Group lies in Nardone’s skills and efforts in setting up the company. Randal was completely in support of SoftBank’s plan to acquire the firm since he believed that this would be a great opportunity towards the growth and development of the company for future sustainability. His desire to see people succeed drives him to make Fortress Investment Group the most preferable firm on matters regarding investments for all the clients.
Randal Nardone is an outgoing business enthusiast who will stop at nothing until his clients are satisfied.
About Randal Nardone: www.businessinsider.com/meet-fortress-investment-groups-interim-ceo-2011-12