Randal Nardone is the principal and co-founder of Fortress Investment Group LLC, a global investment firm worth over $ 36.1 billion. Fortress Investment Group was launched in 1998, and Randal has been one of the top rated executives of the company. He has held different leadership positions of the firm and has been a pivotal contributor to the success of the business. Randal Nardone holds pride in education; he attended the University of Connecticut where he studied English and biology. He, later on, joined the Boston University School of law for his jurisdiction degree. Nardone is an expert in legal matters and has been in charge of the of the company’s legal issues since its existence.
Randal secured his first job as a novice lawyer. He worked at Thatcher Proffitt & Wood law firms as a partner and an executive committee. He joined the Blackrock Financial management, where he also served as the principal of the firm. Before establishing Fortress Investment Group, he worked as a managing director of the Swiss Bank giant USB. Randal has a reputable career journey, and through his law and financial skills, he has made Fortress Investment Group one of the leading companies in the financial sector. In 2014, the company was honored to be presented with the Management of the Year award and was also recognized as the Hedge Fund Manager of the year in 2007. Randal was ranked as the number 557th billionaire worldwide with a net worth of 1.8 billion dollars by the Forbes.
Randal Nardone has created a perfect working environment for the Fortress Investment Group employees. The management team is friendly, and the employees enjoy excellent benefits like monetary rewards for long working hours. In 2017, Soft bank, a multinational conglomerate holding company in Tokyo Japan made announcements of its interest to acquire Fortress Investment Group. The Acquisition will be beneficial to the United States economy and will also increase job opportunities in the nation.Mr. Nardone and other co-founders of the Fortress Investment agreed to the merger and will continue leading the company under the Softbank. The founders have also decided to vote 34.99% shares of the Fortress shares in favor of the transaction. Randal Nardone also serves a board of director for numerous companies including the SeaCube Container Leasing, the Springleaf Holdings and the Aircastle limited. Randal has also been a board member of the prestigious companies like the New Residential Investment Corp and the Eurocastle investment limited.