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Category: Investment

Category: Investment

Mr. Randal Alan Nardone alias Randy, is the co-founder of Fortress Investment Group LLC. Randal became the groups C.E.O in August 2013. He also served as Principal of Fortress Credit Corporation.

Randal & Fortress

Fortress Investment Group is a private equity firm that provides credit funds and also manages private-equity funds.Randal Nardone has contributed to the growth of Fortress Investment Group in a major way. His experience working in the field of finance would come in handy when in 1988 he partnered with Wes Edens to form the group. Since its inception, Randal Nardone has been an influential figure in its success and he has achieved that in a better way since he became the CEO in 2013. Randal Nardone over the course of his career has demonstrated high professionalism and expert analysis in the field of finance.He has worked in a number of different positions at Fortress Investment Group. This has enabled him to implement and oversee strategies that have had a positive effect on the company.

Finance & law specialist

Nardone has offered his service as a financial specialist to companies and people all over the globe. His clients express satisfaction and feel the commitment Nardone has in their financial affairs.Randal Nardone has not only made his mark in the finance world but also in other disciplines as well. Nardone studied law and earned a masters degree.Over the course of his successful career, he has found ways to integrate finance with the law.

Forbes Ranking

Randal Nardone is ranked position 557 on the billionaire’s list by Forbes.According to Forbes, Mr. Randal has a net worth of 1.8 billion United States Dollars.He became a billionaire while at Fortress Investment Group, together with partners, Robert Kauffman, Michael Novogratz, Wesley Edens and Peter Briger during the companies’ IPO.They later sold a minority interest to Nomura, a Japanese Investment firm, further earning him $1oomillion cash payouts.

More About Randal Nardone

Nardone previously worked for UBS as the managing director.He also worked with BlackRock Financial Management as one of its partners. During his law career, he was a partner in a law firm called Thatcher Proffitt & Wood.Mr. Nardone attended the University of Connecticut, where he successfully graduated with a Bachelors of Arts in English and Biology.He also attended Boston University of Law and he holds a J.D (Doctor of Jurisprudence) from the institution. Mr. Nardone today serves Fortress Investment Group as the chief operating officer and is in charge of financial and legal issues.

GreenSky credit is one of the leading private company with financial technology solution in America. It was founded in 2006 and between 2012 and 2016 it had rendered nearly five billion us dollars through GreenSky credit program. The purpose of the company is to provide a technological platform for the banks, and other financial lending institutions to give loans to their customers. The company is convenient since all its operations are online based, and they can be reached through their websites and mobile app. Hence, it has made it accessible by most Americans and therefore increasing its market share to 50 American states with over 1.2 million customers. Through linking the financial institutions and the borrowers, the company has enhanced customer’s trust and good relation between the parties involved. GreenSky credit is also a significant employer with over 600 employees working in the company.

One cannot mention GreenSky Credit Company without mentioning its C.E.O and co-founder Mr. David Zalik. A middle-aged Mr. Zalik who never went to high school but instead started a course in mathematics at Auburn University has been preparing for his career since his early age. He owns more than half of the company and lives a luxurious life in Atlanta. He has been a part of GreenSky Company since when it started as a mere idea till now when it’s a multi-billion company. He is a leader who has always worked to see the realization of this company’s objectives and to witness its tremendous growth. David Zalik efforts have made him win awards among them the 2016 National entrepreneur award in the financial services category. Through his leadership, the company has grown become one of the most valuable credit companies in America.

Mr. Zalik journey has not been a walk in the park. Before he developed this idea, he had tried many jobs which in some he succeeded and failed in others. His desire to enhance people’s lives conveniently is what yielded GreenSky Company.