With the latest popularity of Fortress Investment Group’s progress in the media, Randal Nardone has also become popular. He is a principal and a co-founder of the company since its foundation. In 2006, Randal was elected one of the Board of Directors members and was later elected the Chief Executive Officer of the company in 2011. During his tenure as Fortress CEO, Randal was able to attain several achievements, and in turn, enabled the company to be awarded the Hedge Fund of the Year Title.
His role at Fortress Investment Group
Randal Nardone is the current CEO of Fortress Investment Group. Since the company’s establishment in 1998, he has worked with other co-founders to ensure the company succeeds. Randal has managed to make the company feasible in the international scene with several investors appreciating the services it offers. Since he became promoted as the company’s CEO, Randal Nardone has introduced several reforms, and through his financial knowledge, he has created a brand that is identifiable with what business owners across the world need. Through his commitment and that of other principals, Fortress Investment Group has made a lot of progress. Today, the company is worth 70 billion dollars in its total assets and is continuing to expand as a result of Randal Nardone’s leadership.
His career background
Randal Nardone has a diverse academic and professional experience. He joined the University of Connecticut to study for his Bachelor’s degree in Arts (English and Biology). Randal later enrolled for his master’s in Juris Doctor at the University of Boston, School of Law. After graduating, he started working at BlackRock Financial Management Inc. where he was one of the principals. Nardone then joined UBS in 1997 where he served as the Managing Director. He had also partnered with a renowned law firm, Thacher Proffitt & Wood. Because of his successful career and commitment, Randal Nardone had been listed by Forbes as one of the world’s billionaires. He is currently worth over $1.8 billion. Nardone is presently investing the majority of his wealth at Fortress Investment Group.
About Randal Nardone
Apart from being the CEO of Fortress Investment Group, Randal Nardone is also one of the Seacastle Incorporation’s members of the Board of Directors. He is also servicing as a board member at Florida East Coast Holding Corporation and Springleaf REIT Company. Additionally, Randal is a board member at Eurocastle Investment. Fortress Three Top Executives Split $44 Million Bonuses In 2015