From the moment it was formed, Fortress Investment Group has become a trendsetter. The company’s excellent performance was highlighted in 2007 when it became the first private equity firm to receive an initial public offering. It was also the first private equity firm to be publically featured on the New York Stock Exchange. Currently, the company is a leading diversified global investment company that manages more than $41 billion of assets for over 1,000 investors in permanent capital vehicles as well as hedge funds. With its headquarters in New York, the company has offered employment opportunities for more than 800 people. Randal Nardone is one such employee who also serves as an employer on a different level.
Randal Nardone is a business professional, a finance executive, and an attorney. He has been serving in the industry of finance for more than two decades. In his years of service, he started two major companies. One was an investment firm, while the other was a law firm in which he served as an executive leader. With his background and expertise, Nardone has achieved a successful career. Over the years, he has amassed a lot of wealth thereby ranking one of the wealthiest men in the United States of America. Forbes Magazine ranks him on their list as one of the wealthiest men. Currently, Randal Nardone is a member of the company’s committee.
The executive position allows Randal Nardone to make vital decisions regarding the company. Since he is also the CEO of Fortress Investment Group, Nardone has helped to build the company into a successful investment management firm. Before co-founding the organization, he was an executive leader at a law firm based in New York. He also worked for Thatcher, Proffitt & Wood.
While serving in the mentioned firms, Randal Nardone pursued finance. He then joined Blackrock Financial Management to serve as a principal. In his tenure at Fortress Investment Group, the firm registered high returns. Nardone then moved to UBS as the managing director.
Nardone of Fortress Investment Group attended Boston University for his degree in law. He also attended the University of Connecticut for English and Biology. Today, he is a multi-skilled entrepreneur with extensive experience in business management.