The success for Fortress Investment group is attributed to the leadership of Randal Nardone, who together with Wes Edens and Peter Briger has been the beacon of investment for the company. Randal Nardone studied Bs in English and biology at Connecticut University and qualified in JD at Boston Law School. He began his career as an attorney and later became an investor, earning tremendous respect in the investment arena.
Randal Nardone is one of the principals of Fortress investment group managing over 69 billion in assets. Under his guidance, Fortress Investment Group LLC has performed well-giving investors value for their money. Nardone serves as the director to various Fortress’s subsidiaries including, Seacastle, Inc, Eurocastle Investment Ltd, Florida East Coast Holdings Corp, among others. His career in investment banking spans over three decades. He worked at Blackrock financial management, Thacher Proffitt & Wood and UBS. He supports Fortress Investment Group with his strategy, innovation, and brings the wealth of experience in investments as well as finance.
Randal A. Nardone has been a pillar at Fortress Investment group since co-founding it in 1998. The firm has focused on real estate, private equity firm, and hedge funds, and now boasting of over $40 billion in assets on behalf of over 1750 investors. Randal leadership has seen the company grow steadily, went public in 2007 and nearly a decade later sold for $3.3 billion to Japanese tiger, Softbank Corporation.
The purchase by a leading global investment firm, with a focus on technology startups, indicates the deep trust the company has in Fortress Investment Group. Shareholders approved the deal in July 2017, allowing Softbank to acquire the stake in Fortress investment group.Randal indcated that Softbank strengthens the investment and consolidate expertise Fortress Investment has to create a perfect blend for investment.
This makes Softbank competitive enough to achieve the goal of becoming a top global investment firm. Randal Nardone, together with other co-founders remain at the board as principals.
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