Randal Nardone, Fortress investment firm co-founder, received his J.D from University of Boston College of Law, and his bachelor’s degree in arts Biology and English major from Connecticut University. He together with Wesley R. Edens founded the Fortress investment in the year 1998.He was appointed as its CEO in the year 2013 August and also serves as the Chief Operating Officer Director and Principal of the firm since the year 1999 November. Besides serving in fortress firm, he also serves in the Ncs LLC as the president, Springleaf financial LLC as the chairman and president from the year 2010, secretary and vice president in the Newcastle Investment LLC and Eurocastle investment firm as the director since 2007. He is also a nonexecutive principal in the Alea Group Bermuda limited since 2008, Director at Florida East Coast Corporation since the year 2010. He also has several afflictions among them being Drive Shark, University of Boston, GAGFAH S.A, fortress fund MM II LLC among others.
Randal Nardone has many years of experience while working with several firms following his studies completion. Before co-founding fortress investment, he worked as UBS managing director from 1997 May to 1998 May. He was also the principal of the Blackrock Financial Corporation and also served as a partner in the Thatcher Profit and wood firm. He worked as secretary and COO of IMPAC holdings Inc. and also as portfolio manager of the RIC Coinvestment LP since 1999. Since the year 2002 September to 2016, he served New Castle corporation vice president. In 2004 he was appointed as the director of the Aircastle limited and SeaCube leasing limited from 2007 June to 2008 January. Before he became the president of Springleaf financial LLC, he was the firm’s director since the year 2006. He was also the Brookdale Senior corporation director from the year 2011 January to 2014 June. In 2010 he was allotted the SPA Bank director.
Fortress investment is a worldwide investment firm based in the New York and specializes in private and institutional assets management across real and credit estate, private equity strategies, and permanent investment capital. The company lately announced its acquisition by the SoftBank group, a firm based in Japan. SoftBank Group acquired Fortress group at a price of $3.3 B to work in union with the Japanese firm technology project. SoftBank further paid 8.08 % as shares to all Class A Fortress shareholders and also 39% premium to the Fortress group closing price. Randal Nardone and the other executive leaders of the Fortress group assured its clients that the firm will continue working in New York and will be operating autonomously within SoftBank. With funds he receives annual compensation in the fortress investment of a total of $13.4 M, annual compensation and dividends he acquires as a shareholder amounting to $ 42 million and other monies from the several firms he is affiliated with, Randal Nardone appeared in the Forbes Billionaires list and ranked 557. Learn More.