Fortress Investment Group Co Founder Randal Nardone
Randal Nardone is an entrepreneur and high ranking executive in the financial services industry. Today he is the co founder, principal and chief executive officer of the investment firm known as Fortress Investment Group. He has spent over two decades working in the financial services sector where he has held a number of top leadership roles. Before he got involved in the financial services industry, Randal Nardone spent a number of years as a lawyer. With this level of success, Randal has been able to achieve great wealth and was recently named to the Forbes list of billionaires.
When he completed college and law school, Randal Nardone worked at the law firm Thatcher, Proffitt & Wood in New York City. He would first serve as an attorney and would then move up to higher ranking positions. At the end of his stint at the law firm, Randal became a member of the firm’s executive committee. With this high ranking position, he would serve as a partner and be involved in the firm’s business and administrative decisions. Therefore, he would acquire a great deal of leadership experience that would help benefit him in the years to come.
While he was working as a lawyer at Thatcher, Proftitt & Wood, Randal Nardone decided that he wanted to pursue a career in finance. This led him to start up and work at a firm known as Blackrock Financial Management. At this firm, he would serve as the principal where he would provide the daily management of the firm. For a few years, he would work at this firm but decided to pursue other opportunities. His next position in the financial sector would be as a managing director at the firm UBS. For one year he held this position and participated in the firm’s expansion and acquisition of new clients. He would later leave to start up another firm.
Nardone started up Fortress Investment Group in 1998 and looked to build it into a top alternative investment management firm. When he first began the firm, he became a member of the management committee. At this position he would provide the business strategy and also set policies to reach the firm’s goals. Over time, Nardone helped the firm expand and today it is among the most renowned investment management firms in real estate, hedge funds and private equity securities.
To learn more:https://www.fortress.com/about