Ever since its formation in the late 1990’s, Fortress Investment group has always been a market leader. Its success in always setting the pace for other alternative investment firms can be attributed to its visionary leaders, led by Randal Nardone. The excellent aptitude that these leaders display can be accredited to the fact that they were all key players in the finance realm, before coming together to establish Fortress. Visit premiergazette.com
A look at Randal’s career before Fortress
Before Fortress, Randal Nardone served senior roles in other finance companies. For instance, he was one of Blackrock’s financial management company principals, and also served as the managing director at UBS for a year. He joined hands with the other principals of Fortress in 1998 to establish the firm, and since then he has been key to its success.
Currently serving as the CEO, Randal has been instrumental in the formation, and success of its many subsidiaries, such as the Fortress Investment fund IV which he serves as the CEO and COO.
His smart work at Fortress has not been beneficial to the company alone as it has brought him massive returns as well. He now holds a net worth of over $1 billion, and is among the wealthiest self-made individuals in the world, ranking 557 on Forbes list.
Besides Fortress Investment group, Randal Nardone also serves many different roles. For instance, he works with Aircastle limited, Seacube container leasing ltd., Mapeley Limited and many others as the director, making him one busy man. These are just some of the companies he works with on a daily basis as many others are adding to this list.
Randal Nardone’s Academic profile
Besides experience that he has gathered over time, his expertise can also be accredited to his stable academic foundation. Randal holds a law degree from Boston University. His first career was in a law firm, but later he shifted the gears to finance. He also has a BA degree which he earned from the University of Connecticut.
Nardone’s take on the recent Fortress-Softbank acquisition
His attitude towards the recent acquisition of Fortress by Softbank is quite positive, and he believes that it will help strengthen Fortress, thanks to Softbank’s vast resources.
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