Randal Nardone currently serves as the Chief Executive Officer and the co-founder of Fortress Investment Group. He has vast experiences and skills in finance with over three decades in experiences. He has worked with several companies at significant positions where he has realized success. Nardone is one of the few individuals who are notable for leading a successful career in the financial industry. Under his leadership, Fortress Investment Group has recorded significant success and developments. The investment group has recently gained popularity with many companies and private investors claiming that the firm offers high-quality services to its clients. With billions of assets and property under their management, Fortress Investment Group is currently ranked as the leading investment and property management group. Randal Nardone has managed to make paramount decisions regarding the firm due to his numerous skills and experiences in the field. He cites that most of his expertise and abilities come from the previous firms he has served.
Nardone is one of the key figures who has ensured that Fortress establish subsidiaries in other countries. Additionally, Randal Nardone is a co-founder and the chief operations officer of Fortress Investment Fund IV and Fortress Investment Fund V. He also serves as the vice president and the secretary of Fortress Registered Investment Trust. Apart from being the CEO and co-founder of Fortress Investment Group, Randal Nardone is the chairman and president of Springleaf Financial Holdings’. Nardone also serves as the secretary and the vice president of Newcastle Investment Holdings. Additionally, in 2007, he was appointed as the director of Alea Group Holdings Bermuda Limited. He also serves as the director of OneMain Holdings since 2010.
Randal Nardone holds a bachelors’ degrees in Biology and English from the University of Connecticut. He also holds a law degree from the Boston University School of Law. He landed his first job at a law firm where he later became a partner and a member of the executive committee. Despite graduating with a law degree and a job at a law firm, Nardone always had interests in the financial world. Thus, he chose to opt out of the law firm and joined Blackrock Financial Management. He later joined UBS as the managing director in 1997. A year later, he co-founded Fortress Investment Group. According to Forbes, Randal Nardone is number 557 in the world’s list of billionaires with a net worth of $1.8 billion. His job portfolios have contributed to his wealth.