An Insight into Randal Nardone’s Life

Randal Nardone is the Co-founder, Chief Executive Officer, Principal and Director at Fortress Investment Group LLC. He co-founded Fortress Investment Group in 1998 and has been its CEO since 2013. He was appointed to the board of directors in 2006.He is the principal in charge of Fortress credit corporation. Before his work at Fortress Investment Group, he was the managing director at UBS between 1997 and 1998. He was also a principal at BlackRock Financial Management and a member of Executive Committee At Thacher Proffitt & Wood law firm.Randal Nardone graduated from the University of Connecticut with a BA in English and Biology. He also holds a J.D from the Boston University School of Law. He is the Director of Eurocastle since 2006 and a non-executive director at Alea Group holdings Bermuda ltd since 2007.He is also a Director at Florida East Coast Holdings Corporation since 2008 and at Spring Leaf Finance since 2010. He is also the Vice President of New Castle I investment holdings.

Randal Nardone`s expertise in leadership has made it possible for him to continue operating the business even after the purchase of Fortress Investment Group by SoftBank Group Corporation.Fortress will continue to operate within SoftBank as an independent business with its headquarters still in Newyork. As the CEO at Fortress Group, he viewed this as an opportunity for faster growth in the future and greater access to credit resources, which will bring significant benefits to investors. SoftBank aims at keeping up with the excellent records set by Fortress as well as benefiting from its leadership, expertise, and world-class investment platform.Employees at Fortress Investment Group admit that the work environment is fast-paced. The company has turned many individuals into billionaires including its CEO.

They are happy to be working with a global brand and are very dedicated to achieving their goals since they are aware of what the job demands. The employees view the founders as smart and thoughtful.They praise the excellent work experience at Fortress, especially the helpful and professional analysts. Flexibility at Fortress makes it possible for them to access more opportunities.Randal has put together for the company, and his contributions have promoted the growth of the company making Fortress one of the most notable Investment names. Randal Nardone has become a well-known name across the Financial field.The Forbes Billionaire List identifies him as the 557th billionaire in the world.This has made it possible for more investors to believe in Fortress group.

Fortress Investment Group Investment Company Looking to Expand Their Services Further

One of the leading investment management companies in the world today is Fortress Investment Group. The company was founded in the year 1998 and since then has been setting new benchmarks in the financial sector, and has been able to serve more than 1,500 clients globally. One of the primary reasons behind the massive growth of Fortress Investment Group in the field of finance is its leadership that consists of three of the top financial executives from the United States, namely Randal Nardone, Rob Kauffman, and Wesley Edens. They have vast experience in the field of finance and investment management that they have used productively to ensure that the company grows steadily and consistently into becoming one of the market leaders. The company specializes in credit funds, hedge funds, liquid hedge funds, alternative assets, equity funds, and more.

The company is also looking for other interesting markets to enter in so that they can expand their services and increase their profits. Fortress Investment Group has been booking massive growth year after year, and in the year 2016, it booked the gross revenue of over a billion dollars and the net profit of nearly $180 million. One of the reasons behind the massive growth in its revenue year after year is due to the strategic investments that it has done in different sectors. Some of the subsidiary companies that the Fortress has invested in are Brookdale Senior Living, Nationstar Mortgage, New Residential Investment Corp, RailAmerica, Aircastle, Intrawest, New Media Investment Group, and more. The Fortress Investment Group is always on the lookout for lucrative investment opportunities that would help propel its growth.

Recently, the company was taken over by Japan’s financial giant Softbank Group for $3.2 billion. As per the transaction details, the acquisition has given the ownership of each share of the company to Softbank. The company has over 2,500 employees across the globe and county is expected to grow in the near future as its global foothold continues to get stronger with time. Fortress Investment Group believes in providing the best services to their clients, and it is the reason why its team works hard to ensure the best investment opportunities for their clients. Even since the company was set up, it has managed to earn the reputation of being the best. The company has been in the news for all the right reasons and continue to serve their clients in the best manner possible.