Roles of Randal Nardone in Fortress Investment Group

Randal Nardone acts as the co-founder and director of the Fortress Investment Group. Through his leadership, the organization has registered impressive growth and expansion to other markets. He can be defined as a financial expert and has been engaged in the financial sector for more than two decades. The longtime experience places him an improved position to understand changing market dynamics. Randal co-founded the Fortress Investment Group with other individuals such as Peter Briger, Wes Edens and Rob Kaufman. Kauffman resigned from the organization in 2012. However, Wes Edens serves as the president and CEO while Peter Briger is co-chairman. The group has been played an essential role in guiding investments activities.

The Fortress Investment Group was featured in the NYSE in 2007 and managed to offer more than 8% of its shares to the public. In 2014, the positive contributions of the organization in the investment sector saw it being named the Hedge Fund Manager of the Year. It has also helped oversee the operations of a publicly traded corporation such as the New Senior Investment Group, Fortress Transportation and Infrastructure Investors and the New Residential Investment Corp {Peter Briger}. Other permanent capital vehicles that are managed by Fortress Investment Group include EuroCastle Investment Limited and the New Media Investment Group.

Randal Nardone Background

Randal Nardone is described as being one of the most successful entrepreneurs and financial strategist. He is placed in the 557th position of the Forbes Magazine. His vast wealth is linked to the 1.6 billion shares in the Fortress Investment Group. He serves as the director of the group. He attended the Boston University where he graduated with a degree in Biology and English. Randal Nardone also studied law at the University of Connecticut and has employed the skills to oversee the smooth running of different operations. Before joining the group, he worked in other organizations such as the BlackRock Financial Management Inc, UBS and Thatcher & Proffitt Law firm. Randal also sits in different executive boards of organizations such as EuroCastle {Peter Briger}. He focuses on creating a positive organizational culture and ensures that the interests and values of the investors are put into consideration. The employees and co-principals regard him as a passionate and hardworking leader.

 

Author: CDG1976

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