Mr. Randal Nardone Success Story

Mr. . Randal Nardone pursued a Bachelor of Arts degree majoring in Biology and English at the University of Connecticut before proceeding to Boston University School of Law where he graduated with a Doctor of Jurisprudence degree. He however developed more interest in asset management than practicing law. In 1998, Mr. Randal Nardone in collaboration with his colleague and friend Mr. Wes Edens founded the Fortress Investment Group LLC.

Since its inception, Mr. Randal Nardone has served as the principal before becoming the Chief Executive Officer of Fortress Investment Group LLC overseeing structured finance and legal matters since 2013. He also holds different positions within the organization and also served as a director and Board member of Eurocastle Investment Limited, Florida East Coast Railway Corporation, Aircastle Limited, SeaCube Container Leasing Limited, New Media Investment Group, Alea Group Holdings Bermuda Limited, Springleaf REIT, Inc., Seacastle, Inc., Florida East Coast Holdings Corporation, Fortress Investment Group LLC and non-Executive Director of Mapeley Limited.

Fortress Investment Group LLC is a leading, highly diversified global investment manager, managing assets of over 1750 private investors and institutional clients worldwide across a range of services such as credit and real estate, private equity and permanent capital investment strategies with an approximate of over $42.1 billion worth assets under its management as of 30 September 2018.

Mr. Randal Nardone has also served different positions in different institutions prior to founding the Fortress Investment Group that include a partner of the executive committee of Thacher Proffitt & Wood law firm, principal of BlackRock Financial Management and a Managing Director of UBS for a year since May 1997 to 1998. Mr. Nardone success serves an exemplary that a person’s ability does not necessarily rely on his or her profession and on 8 March 2007, the Forbes Magazine ranked him position 557th globally among billionaires with a net worth of $1.8 billion.

Currently, Softbank has purchased the Fortress Investment Group making the business more lucrative since the bank focuses on investing in technology-based firms and Fortress Investment Group is the best alternative asset managers in the world.