Randal Nardon, Company and History

Randal Nardone is currently number 557 on Forbes Billionaire list with a net worth of 1.8 billion. He went to the University of Connecticut where he earned a bachelor’s in Biology and English. He also went to Boston University School of Law and is a Doctor of Jurisprudence, which is a degree, awarded to someone upon successful completion of Law school and it is required to gain admission to the bar. Randal Nardone is one of the co-founders of the Fortress Investment Group which got its start in 1998. Fortress Investment Group is a highly diversified global investment manager. Check out Randal Nardone at Forbes.

Currently, Randal Nardone is the chief operating officer and focuses on oversees structured finance and legal matters. Before co-founding the Fortress Investment Group he was part of Thacher Profit & Wood which is a law firm in New York and where he was a partner and a member of the executive committee. Then he was part of BlackRock Financial, a global investment management company in New York, as a principle and it was where he first entered into the financial industry. Finally, he was a part of UBS, a Swiss multinational investment bank and Financial Services, where he was a managing director. In late December of 2017, it was announced that Fortress Investment Group was being bought by a Japanese banking giant called SoftBank Group Corp. SoftBank Group Corp. is a worldwide technology company whose goal is to drive the information revolution. When asked what he thought of the purchase Randal Nardone said that he was optimistic about the acquisition and how it would increase the strength of his company. He believed that his company would be able to grow faster going forward and it would be able to get access to greater credit sources. Randal Nardone serves on many boards some of the being Fortress Macro Advisors LLC, FM Falstaff Advisors LLC and Impact commercial holdings Inc. and many others.

Learn more: https://www.bu.edu/law/2018/05/17/randal-nardone-80-featured-in-new-york-patch/

 

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