Randal Nardone is recognized as the co-founder of Fortress Investment Group. He is also the principal and the Chief Executive Officer of this group. Randal Nardone became the principal of Fortress in 1998 while he became the CEO in August 2013. Nardone has been in these positions till then. Mr. Nardone co-founded Fortress in partnership with Wesley Edens and Rob Kauffman in 1998. Randal Nardone schooled in Connecticut University where he attained a bachelor’s degree in arts in English and Biology. He proceeded to the University of Boston the Law School where he earned a J.D. He was featured in the Worlds Billionaires list in position 557 with a net worth of approximately 1 billion and 800 million US Dollars. He has citizenship in the US but lives in New York together with his wife and one kid.
Randal Nardone serves as the principal of credit corporation docket at the Fortress Investment Group. He is also the president of Ncs 1 LLC. Nardone also serves as the president of Springleaf Holdings Limited. He was also the vice president and the secretary of Newcastle Holdings and the co-founder of the Fortress Investment Fund where he serves as the Chief Executive Officer, the principal, and an executive officer. Nardone is also a partner at Thacher Proffit and Woods. He is also a co-founder of an investment trust which is registered under Fortress Investment Group where he has worked as the secretary, president, and the CEO since November 1999. Nardone also worked at RIC as the portfolio manager, CEO and the secretary. RIC is a co-investment fund company. He served as a managing director at UBS until May 1998. Randal Nardone worked as the secretary at Newcastle Investment Corporation from June 2002 to September 26, 2016, after which he was appointed the vice president of this firm. Nardone was also the CEO and the secretary of IMPAC Holdings from May 1999. From Dec 21st, 2011, to August 1st, 2013, Nardone worked at fortress investment group as its interim Chief Executive Officer.
Nardone also used to work as a principal at BlackRock which is a financial management firm. SoftBank bought Fortress Investment Group for 3 billion and 300 million US Dollars. Randal Nardone together with his fellow Fortress principals Wes Edens and Pete Briger were withheld after the acquisition. The acquisition was meant to grow and expand the potential of SoftBank Group alongside 100 billion US Dollars vision plot platform which is to be established as per the founder of SoftBank.