The Fortress Investment Group is a global investment company headquartered in New York founded in 1998 with three partners, Wes Edens, Rob Kauffman and Randal Nardone. Together with his partners, Randal was determined to make this firm one of the most trusted asset trading company. He was made CEO during its inception and has since used his role to make viable decisions that have moved the company to become a giant in the investment industry. Randal Nardone was listed as the 557th wealthiest man in America with a net worth of 1.8 billion dollars. The investment Mogul went to Connecticut University where he earned his Bachelor of Arts in English before enrolling for his Doctor in Jurisprudence in Boston Law school. He started off his career in Thatcher Wood and Proffitt, a law firm in New York working as a legal advisor before he developed an interest in financial investment and enrolled in financial institutions.
Randal Nardone first worked for Blackrock Financial Management as a principal before climbing up the ladder to become the managing director for one of the Swiss giants, the Union Bank of Switzerland. He invested his years of experience in starting off his venture and has since grown to be a force to reckon with in the world. His employees are grateful for the calm working environment he provides and agrees that he is a good team player. Under his leadership, the Fortress investment group has earned several honors including the management firm of the year that was awarded to them by HFMWeek and the Hedge Fund manager award that they received from the institutional investor. Randal has served in prominent positions for eight different organizations within 20 industries.
Besides Fortress Investment group, Randal has been the non-executive officer of Alea group holdings Bermuda Ltd, the Chairman of Springleaf Financial Holdings Ltd, the director of Florida East Coast Holdings and Euro Castle Investment Limited among other high-profile roles. Randal supported the idea of SoftBank Group acquiring Fortress Investment Group because according to him, Fortress investment needed a push with their private equity assets that were drawn-out. Having their assets centralized by SBG and being kicked out of the New York Stock exchange, Fortress needed this move to be able to acquire more assets and rebuild their trust with their clients. To Randal Nardone, this was a calculated move to remain relevant in the market and create new opportunities for their investors.