Randal Nardone is the co-founder and Chief Executive Officer of New York City Investment Firm Fortress Investment Group. The company’s interests are in managing hedge funds, dealings in the real estate sector, and procuring investment in debt securities. Nardone, along with fellow colleagues Wesley Edens and Rob Kauffman, founded the company in 1998 and have billions of dollars in assets under their supervision. In February 2017, Japanese based marketing and telecommunications company SOFTBANK acquired Fortress in a 3.3-billion-dollar acquisition. Fortress remains an independent subsidiary of SOFTBANK as operations continue today. Previous to Nardone’s co-founding of Fortress, he worked in a multitude of professional employment settings. He received his Bachelor of Arts degree for English and Biology from the University of Connecticut and a Juris Doctoral
degree from Boston University’s School of Law. He was a founder and member of the executive board for the law firm of Thacher, Proffitt and Wood. He would later move on and acquire the position of Principal at BlackRock Financial Management Inc. as well as Managing Director at UBS Investment Bank. In addition to sharing the Chief Executive Officer position with colleagues Peter Briger and Wesley Edens, Nardone also serves as a member on the Board of Directors and the Management Committee for Fortress. Other administrative roles that Randal Nardone has taken on is Chief Operating Officer, Portfolio Manager, and Secretary of RIC Investment Fund. Chief Operating Officer and Secretary of IMPAC Commercial Holdings. President and Chairman of Springleaf Financial Holdings.
Vice-president and Secretary with Newcastle Investment Holdings. He has also served as Director with multiple financial institutions including Florida East Coast Holdings Corporation, Alea Group Holdings Bermuda, New Media Investment Group, Aircastle limited, and Seacube Container Leasing.Randal Nardone reached #557 on Forbes list of billionaires and has acquired 1.8 billion in wealth and assets. He owned fifty-three million shares worth a majority of that total figure and has received hundreds of millions in payouts from various monetary interests. Recent financial acquisitions and mergers has since seen Nardone fall off the prestigious list. His position with Fortress as the overseer of operations has led to six hundred and forty-nine employees within the firm and hundreds of investors worldwide. Fortress continues to be a force in the financial sector and Randal Nardone at age sixty-one has no intentions of slowing down. His commitment to the company and the financial security of the investors with whom he represents will continue to be at the forefront of his agenda.