Randal is an expert in the financial field as observed by the growth of the Fortress Investment Group that has occurred under his leadership. The Fortress Investment Group is a company that deals with the management of investments. It also manages alternative assets in credit and hedge funds and private equity. The Fortress Investment Group was established in 1998 as a private entity. It has seen numerous growth because of its strategic diversification strategies and a lot of experience in the field.
Randal Nardone has contributed immensely towards the success of this firm. He is the co-founder member and the interim CEO of this company. As is with any business, there are several challenges that entrepreneurs make, and only the committed can overcome them. Before starting this firm, Randal had a lot of experience in the financial sector. He has worked with several clients and companies offering them advice about investment. Randal has created a positive perception of himself and his expertise is what has earned him a lot of respect in the industry.
Interestingly, Randal was not first interested in the field of finance. He has a degree in Arts and Sciences from the University of Connecticut. Randal Nardone also has a Doctor of Jurisprudence from the University of Boston. His expertise in this field grew from the several activities and positions he held in various companies. Randal first worked at Thacher Proffitt & Wood as an attorney. After moving from this company, he then went to work BlackRock Financial and UBS. In 1998, Randal Nardone partnered with Wes Edens to establish Fortress Investment Group. Today he is the CEO of this company. Randal has also been a board of director’s member since 2006. He is also the Principal of the Credit Corporation in the company and the President of the Springleaf Financial Holdings. Randal Nardone is also the VP and Secretary of Newcastle Investment Holdings.
In 2007, Randal Nardone was number 557 in the list of the world billionaires. Fortress Investment Group provides excellent services. Working under experienced people like Randal Nardone increases the opportunities of employees to grow. In 2017, SoftBank Group Corporation acquired Fortress Investment Group. As the co-founder of this company, Randal said that he was pleased with this acquisition and that it would strengthen the company. He also said that with this acquisition, the company would be exposed to greater sources of credit.