Randal Nardone is the co-founder of the Fortress investment Group LLC. He has served the firm since its establishment back in the year 1998, as a principal, until the August of 2013 when he took over the position of the Chef Executive Officer. As a sign of good leadership character, he holds various leadership positions including the president of the Springleaf Financial holdings, Ncs 1 LLC and also as the secretary and vice president of the Newcastle Investment Holdings LLC.Randal Nardone knew that competition is mandatory in business, and he had to face it while starting his own company. Having worked with several clients, he had earned himself wide knowledge and experience in the sector of finance.
Through the manipulation of his expertise in the field, he was able to establish the Fortress Investment Group in collaboration with Wes Edens. Fortress Investment Group is well known for both management of the Private-equity pools and also provision of credit.The Fortress Investment Group has been significantly growing under the Leadership of Randal Nardone, resulting to him being listed on the Forbes Billionaires List. As an indicator of the company’s success, back in the year 2014, the firm was named as the Management Firm of the year and also the Hedge Fund Manager of the year by the HFMWeek and the Institutional investor respectively. The recent acquisition of the firm by Softbank had earlier been planned and agreed that the bank was to buy the firm for 3.3 billion dollars.
Even with so much expertise in the field of finance, this was not the only desire he had. Randal Nardone studied law, earning himself both bachelors and masters degrees in law. He practiced this career by working for various companies, as he learnt about what is basically entailed in the financial field, and how he can combine it with his knowledge in law. He later on found finance more interesting, prompting him to switch to the field of finance.At his early 50’s, Randal Nardone has archived much, which he attributes from strong collaborations with expert investors. Even with the recent acquisition of the firm, his influence as the company’s CEO will always be felt.