Randal Nardone attended the University of Connecticut where he acquired a bachelor’s degree in Biology and English. He later joined Boston University of law. He is one of the co-founders of Fortress Investment Group together with Wes Edens who is also great personnel in the financial world, which was established in 1998.
He has been holding different positions in the company, and in August 2013 he was appointed the company’s Chief Executive Officer. Besides he served as the company’s principal since 1998. He is also the current principal at Fortress Credit Corporation. Additionally, he is also serving as the Vice president and secretary at the famous Newcastle Investment holdings limited. In 2007, he was placed 557 on the list of world’s billionaires. More about of Randal Nardone at bu.edu
Randal Nardone is a hardworking man possessing excellent management and advisory skills. He has contributed a lot to the growth and expansion of Fortress Investment. The company is recognized for offering high-quality services to its customers. As a result of the company’s ability to give its customers the best, it gained a large number of loyal customers, and there has been development and improvement of strong customer relationships. This has led to an increased annual volume of sales.
Randal Nardone started his business career at Thacher Proffitt and Wood law firm as an attorney where he was also a partner. Later, he joined Blackrock financial management where he worked in the finance sector. His current company specializes in private equity, real estate, railroads, and hedge funds and credit cards.
On 27/12/2017, it was announced that Japanese banking giant, the Softbank group corporation would acquire Fortress Investment. The process of acquisition was completed within a short time, and the managerial team at Fortress was restored, including Randal Nardone.
When asked about the purchase of his company, Randal said that he was very optimistic about it and that it would also strengthen the position of his company. He said that the deal would help his company to grow and increase its ability to access greater credit services in the future. That implies that he supported the agreement.
Learn more: https://www.crunchbase.com/person/randal-nardone