The Story Self-Made Billionaire Randal Nardone
Randal Nardone is one of the co-founders of Fortress Investment Group. He along with Rob Kauffman and Wes Edens established Fortress investment group in 1998. The company saw immense success and today manages $ 43 billion for its 1750 clients. The company operates in three main divisions that are Private Equity, Permanent Capital Vehicles, and the credit division. The company is based in New York where they use their expertise in financing, ownership, and management of both financial and physical assets to earn revenue for investors. Visit angel.co to learn more about Randal Nardone
The company employs more than two thousand people in its various offices. Many people who have worked at Fortress investment Group say it is a good place to work although there is a lot of competition. For young professionals joining the job market, it is a great place to learn as one encounters many experts in the financial investment field. Quick learners are given more responsibilities. Many who gave the company a five-star rating said that the company rewards hard work and initiative and the pay is good.
They also mentioned that the company has access to many industries and this means one can learn a lot working for the company. Before joining Fortress Investment Group Randal Nardone worked at UBS Group which is an Investment Bank based in Switzerland. While there he had served in the position of Managing Director for a year. He has also held the position of Director in the company Aircastle Limited as well as Seacube Container Leasing Limited. He sits on the boards of Florida East Coast Railway, Springleaf REIT, Eurocastle Investment Limited among others.
ter the acquisition of Fortress Investment Group in 2017 Randal Nardone chose to stay along with Wes Edens and Peter Briger as Principals. The company was acquired for $3.3 billion and the principals saw it as an opportunity for Fortress Investment Group to grow and serve a wider clientele. Softbank acquired the company with the hope that the acquisition would strengthen their investment division.
About Randal Nardone
Randal is a co-founder and co-principal of Fortress Investment Group. He has a Juris Doctor from Boston University. Randal Nardone is married with one child and lives in New York.