Randal Nardone is the co-founder as well as the chief executive officer of Fortress Investment Group. He co-founded the company in 1998 together with Wes Eden and had served as the Fortress’s CEO in 2013. He happens to be the principal in charge of the Fortress Credit Corporation. Randal is a graduate of the Boston University School of law and the University of Connecticut where he graduated with a BA in English and Biology. Nardone also serves as the president of Springfield Financial Holding and even the Vice President of New Castle Investment Holdings.
Some of the other positions that Randal Nardone has helped are being the chief operating officer and also the managing director of UBS. He has also worked as a partner and even an executive member committee of Thacher Proffitt & Wood Law firm. He also serves as the director of Brookdale Senior Living Inc, Eurocastle Investment Ltd and also Alea Group Holdings.
Randal Nardone was the interim chief executive officer of the Fortress Investment Group between 2011 to 2013. He joined the company’s supervisory board in 2006. He was also the person behind the Fortress Investment Fund IV and Fortress Investment Fund V where he worked as their CEO, chief operating officer as well as the director.
Randal Nardone was also one of the persons behind the selling of the company to SoftBank Group, and he believed that it was the right thing because of the slowed private investments that were caused by the changing technological advancements. He wanted to focus his attention on significant investments that would, in turn, bring more benefits and achievements to the company he was heading. The deal was a very boost to the initial investors of the company.
The company was able to develop more investors’ confidence and became America’s leading alternative investment company with more assets. They also have diversified global assets that are valued for than $36.1 billion. They have been able to manage assets of more than 2,000 clients who are private and others institutional. Majority of their investments usually revolves around real estate, individual equity investment strategies as wells as permanent capital. Randal great contributions in the investment world has enabled create a lasting solution for investors. He is also a very hardworking person and has always desired to help people manage their assets in a proper and professional manner through the assistance of Fortress Investment Group.