Randal Nardone is a current board member at the investment firm he co-founded since 2006. He is one of the guys who graced the Forbes’ magazines with the worth of almost two billion dollars in 2007. Randal Nardone is one of the masterminds in co-founding Fortress Investment Group. A company founded in late 1990’s and associated with managing assets on behalf of institutional clients and investors in the private sector. It is involved in a diverse range of real estate development and investment strategies in permanent capital. As one of the principals, he is in charge of taking risks that are highly beneficial to investors over the long term. Commitment to official management policies as well as set legal frameworks and integrity is also one of the responsibilities of the investment group to its clients and more
Nardone, a graduate of law from the University of Connecticut and he, also holds a master’s degree in the same profession from Boston University School of Law. He worked for some companies after school and over time developed an interest in how the field of law can work hand in hand with the financial field. Over time, the interest in the field of finance got the better of him, and he finally made a switch to the financial sector. His ability to learn on the job and work with several clients over a long period led to more exposure in financial matters. He also was employed as a managing director in several companies where he not only improved them but also got unparalleled experience. This pushed him to start the investment company with his fellow like-minded professionals, and this has led to the rapid development of the company.
Randal Nardone also holds the position of the president and chairman of Spring leaf Financial holding. From the year 2006 and 2010 until now he is the director of Eurocastle Investment Limited and Florida East Coast Holdings Corporation respectively. At Alea Group Holdings Bermuda Limited he holds the position of a non-executive director. His expertise and commitment to the financial world make him an ever sort after the guy in giving financial advice.
A Japanese group by name Softbank made a bid to purchase Fortress Investment group. Its purchase also allows it to operate along the Japanese’s technology investment fund. Its principals accepted the idea of continuing leading the company independently but within Softbank. The deal aims to bring investment talent to ensure a wider market including the telecommunication industry worldwide.