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.
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.