Fortress Investment Group Co Founder Randal NardoneApril 21, 2018 - Author: steph
Randal Nardone is a leading executive of the financial services firm Fortress Investment Group. He is the co founder and principal of the firm. Since 1998, he has been in charge of the firm as part of its management committee. Nardone has also served as a member of the firm’s board of directors since November of 2006. While at Fortress Investment Group, Randal has served as the firm’s chief executive officer between the years 2011 and 2013. Along with being the co founder and a top executive of Fortress Investment Group, Randal has held a number of other positions in his career in both business and law. As a result, he has an extensive background in managing top firms in the finance industry.At the beginning of his career, Randal Nardone worked at the law firm Thacher Proffitt & Wood. During his time working at this law firm, he would serve as a member of the executive committee and as a partner. At these positions, Nardone would provide leadership and strategic planning for the firm. He would oversee the day to day operations of the law firm as well.
Nardone would eventually move on to work in the financial services industry. His next positionwas as a principal of BlackRock Financial Management Inc. While at this firm, he would use his legal knowledge and expertise to provide leadership for the firm as well as manage the legal aspects of its financial transaction deals. Nardone’s legal expertise would prove to be valuable in not only managing the legal aspects of the firm’s deals but also its overall business strategy. He would use this experience to move on to other positions in the finance industry. His next positions would be more focused on financial services and management.In May of 1997, Randal Nardone would take a position at the investment banking firm UBS. While working at UBS, Randal served as the managing director of the firm. This position entailed finding clients and overseeing deals.
The position allowed Randal to have a very entrepreneurial approach to running a financial services firm. His experience as the managing director of UBS would provide him with a foundation to eventually start up his own firm.In 1998, Randal Nardone co founded Fortress Investment Group. Once he co founded the firm, he would begin serving as a key member of the firm’s top management. Nardone would gradually help build Fortress Investment Group into one of the top investment firms in the world. He would help put together a firm that would specialize in managing private equity securities, real estate and credit backed securities. Today he currently serves as the firm’s co founder and principal. Nardone has an extensive educational background. He attended the University of Connecticut and received a bachelor of arts degree in both English and biology. This gave him preparation for attending law school. After completing his bachelor’s degree, he would then complete a Juris Doctor degree from the Boston University School of Law. His legal education would prove valuable as he would have a solid foundation to begin his career in law and finance.