Randy, J.D as he is also known, is a co-founder and the Chief Executive Officer of Fortress Investment Group LLC, an investment management firm which is based in New York City. In 1998, Fortress Investment Group was founded by Randal Nardone, Rob Kauffman, and Wesley R. Edens as a private equity firm. Since then, it has rapidly expanded and has become a leading global investment management firm with the assets under management of $43.6 billion as of 31st December, 2017. The firm is traded publicly on the New York Stock Exchange (NYSE: FIG).
Randal Nardone Education and Work Experience
At only 51 years of age, Mr. Randal Nardone is currently positioned number 557 on the world’s billionaires list, with a net worth of $ 1.8 billion.Randal holds a Bachelor of Arts degree in English and Biology from Connecticut University as well as a Juris Doctor degree from Boston University, School of Law. Before he co-founded Fortress Investment Group in 1998, he had served in different firms where he gained his work experience. Some of these firms include, Thacher Proffitt & Wood law firm where he served as a partner and a member, he also served as a principal at BlackRock Financial Management, and in 1997, he joined UBS as the Managing Director where he worked up to May 1998.Mr. Randal Nardone has held the leadership role at Fortress Investment Group as the Chief Executive Officer since August 2013 as well as a member of Management Committee at Fortress since 1998. Today, Randal oversees the Financial and legal matters of the company. Additionally, Mr. Nardone serves as the principal of the Credit Corporation, President of Ncs 1 Llc, Chairman, president of Springleaf Financial Holding LLC, Secretary and Vice President of the Newcastle Investment Holdings LLC and finally, he also serves as a director at Touch Care Holdings LLC.
Working at the Fortress Investment Group
Fortress Investment Group is an equal employer with the aim of employing competent job seekers. Therefore there is no discrimination in any way irrespective of anyone’s race, sex, religion or any other characteristic protected by law. At Fortress, the working environment is conducive thus offering a rewarding, challenging as well as exciting opportunities. Hardworking and dedicated employees are recognized and rewarded accordingly. The motivation is vital to working with a great and competent team, thus making Fortress remain the top-ranked highly diversified investment firm globally.