Randal Nardone: Sustaining Growth at Fortress

Fortress Investment Group is a diversified investment managing company that has clients across the world. Founded in 1998 in New York, Fortress Investment has grown to $43.6 billion in assets and over 1,750 clients and investors. Their assets range from private equity, permanent capital, real estate and credit. They have over 900 asset management associates stationed in their headquarters and affiliated offices all over the world. Randal Nardone is a co-founder and principal of Fortress Investment Group, and he plans on using all of his experience to pursue Fortress’ growth.

Randal Nardone went to school at the University of Connecticut where he got a B.A. in english and biology. He received his J.D. from Boston University School of Law. He has a long history of great work ethic, starting as partner and executive committee member at the law firm of Thacher Proffitt& Wood. Then he moved on and became a principal of BlackRock Financial Management, Inc. In 1997 he was at UBS, as a managing director. Finally, he co-founded Fortress Investment Group in 1998. But his personal growth doesn’t stop there. He has been on the management committee of Fortress since its founding, then got onto the board of directors in 2006. He served as the interim chief executive officer from 2011 to 2013, and was finally appointed to Chief Executive Officer in 2013. He is now on Forbes Billionaire list at #557, estimated at $1.8 billion. Randal Nardone also serves on six other boards, including: President and Chairman of Springleaf Financial Holdings, LLC, Director of Eurocastle Investment Limited, Non-Executive Director of Alea Group Holdings Bermuda Ltd. and Director of Florida East Coast Holdings Corp.

Fortress Investment Group invests in the fixed income markets and in public equity. They have years of experience in capital markets and are able to secure low-cost and low-risk financing for their investments by using the equity capital and debt markets. They have specialized teams of professionals that are skilled in multiple major investment groups, so each team has diverse solutions and tactics to assist their clients. The board of directors keeps a close eye on the framework and policies to make sure they are being maintained. Randal Nardone has not only the experience to help guide Fortress to further growth, but the passion for it. He is determined to helping Fortress succeed by ensuring their clients continue to get the advice and financial solutions they need.

Randal Nardone info: www.fortress.com/about

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