Fortress Investment Group’s skilled co-founder, Randal Nardone, is also its CEO and its principal. 1998, the same year that the company was launched, saw Mr. Nardone become its principal, and 2013 saw him climb even higher and become Fortress Investment Group’s chief executive officer. He has performed outstandingly in both positions for years ever since. Fortress Investment Group is specializes in private equity, and it has made billionaires out of the five men who were involved in co-founding it. Randal Nardone holds a B.A. in Biology and English, which he earned upon graduating from the University of Connecticut. More impressively, he then studied law at the University of Boston and received his J.D.
Randal Nardone, who lives in New York with his family, has served some other positions outside of Fortress Investment Group. At Springleaf Holdings, LLC he is both the president and a chairman on the board. Newecastle Holdings is another company that Nardone currently serves, and his role as its vice president and secretary is quite important to the company. Before Fortress Investment Group, Mr. Nardone gained some extremely valuable experience within the financial sector during his time with BlackRock Financial. At BlackRock Financial Nardone worked quite diligently as a well-respected principal.
Recently, Fortress Investment Group was purchased by another company, which is known as SoftBank. Fortress Investment Group actually sold for a whopping $3.3 billion. After SoftBank acquired the private equity company, Randal Nardone was of the organization’s principals that needed to be withheld because they were so important to the company’s successful operations. The other principals that were withheld are named Wes Edens and Pete Briger. SoftBank founder, Masayoshi Son, was quite enthusiastic about the acquisition of Fortress Investment Group, and Mr. Nardone believes that Masayoshi Son’s leadership will leave the company in great hands moving forward. It is anyone’s guess just how much more growth Randal Nardone and Fortress Investment Group will experience with the help of Masayoshi Son and SoftBank. A Force of Innovation: Two Decades of Fortress Investment Group