Top Executive of Fortress Investment Group Randal Nardone
Randal Nardone is an entrepreneur and executive in the financial services industry. Today, he is the current co founder and principal of the firm known as Fortress Investment Group. Nardone has been able to achieve a lot of success as both a financial services entrepreneur as well as an attorney. His success has allowed him to become one of the wealthiest individuals in the United States. The financial publication Forbes magazine released its list of riches Americans and billionaires list. Randal Nardone was included in the most recent list. In recent years, Nardone has facilitated a deal where Fortress Investment Group was sold to an entity known as Softbank Group.
After completing his educational programs at both the University of Connecticut and Boston University, Randal Nardone began his career working in the legal field. His first experience was at the New York City based law firm known as Thatcher, Proffitt & Wood. At this firm, he worked as a regular attorney before being promoted to other high ranking positions. While working at the law firm, Nardone would eventually become a partner as well as the executive committee. Randal would eventually develop an interest in the financial services sector and look to pursue that path. Therefore, he left Thatcher, Proffitt & Wood and took a position at an investment firm.
When Randal Nardone first got involved in the financial services industry, he served as principal of Blackrock Financial Management. As the principal, he would play a major role in developing the firm’s products and services. He would also provide top level management of the firm as well. During his time at Blackrock Financial Management, he would help make it into a successful firm. However, he would look to pursue other opportunities in the field.
His next position in finance was at the firm UBS. Randal Nardone would serve as the managing director of the firm during his entire year there. While he was working at UBS, Randal would continue to build on his experience of providing sound management and leadership of an investment firm. He would regularly participate in helping the firm bring in new clients as well as its general expansion. Nardone would eventually leave the firm in 1998 and start up his own firm Fortress Investment Group.