Randal Nardone Co-founded Fortress Investment Group in 1998 and has been in operation for the past twenty years. The company specialises in the management of assets in liquid hedge funds, private equity and credit funds. He currently serves on the board as its president.
Mr Randal Nardone also was known as Randy J.D studied at the University of Connecticut where he got two Bachelors of Arts degree in English and Biology. He then went on to the Boston University School of Law and got a Juris Doctor degree.
Since then Randal Nardone has work in a number of firms and held various positions. He has held the position of director at New Media Investment Group from June 2005. He also held the position of Director a Springleaf Finance Corporation between November 2010 and October 2013. He has served as Director in many other firms.
The experienced business leader has held and still holds the position of Chief Executive Officer at a number of firms. He served as Interim CEO at Fortress Investment Group LLC from December 2011 to August 2013. He co-founded Fortress Registered Investment Trust and serves as its CEO along with being its Chief Operating Officer, Principal Secretary and Vice President since November 1999.
He holds the position of Principal at Fortress Investment Group LLC, Fortress Investment Fund IV, Fortress Credit Corporation, Fortress Investment Fund V, L.P. since they were established. He previously held the position of Principal at BlackRock Financial Management, Inc.
Fortress Investment Group was purchased by Japanese SoftBank.Randal Nardone sees the purchase as an opportunity for Fortress to reach more clients worldwide. It will enable them to have access to more clients. SoftBank paid 3.3 Billion for the firm which they hope to help build their investment expertise.
About Fortress Investment Group
Fortress Investment Group is an investment firm that has its headquarters in New York. It was established in the year 1998 by Randal Nardone, Rob Kauffman, and Wesley R. Edens. The company launched on the New York Stock Exchange in 2007 and was the first private equity company to trade publicly. As of 2016 it employed 2,533 people.
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