Insite Into Randal Nardone – Co Founder Of Fortress Investment Group

Randal Nardone got his beginnings at the University of Connecticut by earning his degree in science, majoring in biology and English. He went on to obtain his Juris Doctor’s degree or J.D. at the Boston Unniversity School of Law. He worked for USB for a time and became Managing Director, then went on to further his career aa a Principle at Black Rock Financial Management Company.

After he got some more experience under his belt, Randal Nardone co founded Fortress Investment Group LLC with colleagues Wesley R. Edens and Rob Kauffman. They founded Fortress as a private equity business. The investment company first began concentrating on real estate investments, debt securities, and hedge funds. The first ten years were exciting for Randal and his co founders. They quickly grew with their cutting edge alternative investing strategy. A few years later, Randal Nardone and Fortress Investment Group became the first publicly traded investment firm in the markets.

Randal Nardone was the Cheif Operating Officer for Fortress Investment Group and responsible for overseeing the financial structure and any legal situations facing the business. He is still a very active part of the company sitting on the Board of Directors. He is well trusted within the business and with clients as well.

The Japanese investment firm SoftBank Group acquired Fortress Investment Group recently and kept Randal and the investing management team. As part of the deal, Fortress is able to continue as an independant company. This allows them to continue their alternative investing strategy which will strengthen the company even more. This deal with SoftBank will enable Fortress to continue to grow at a fast pace. It was a good deal for investors too as shares were purchased at a profitable price. SoftBank and Fortress will continue to grow at the multi billion dollars level.

To learn more:https://www.fa-mag.com/news/fortress-three-top-executives-split–44-million-bonuses-in-2015-26225.html

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