Many people hope to leave their mark on the Wall Street world. One executive, however, has been able to not only make his mark but, continue to blaze a trail through the private equity world. That educative, Randal Norton, is known as the heart and soul of Fortress Investment Group.

It was two decades ago when Randal Nardone, along with Wesley R. Edens and Rob Kauffman, founded one of the most important private equity firms on Wall Street – Fortress Investment Group. The firm grew quickly and Nardone, along with his partners, acquired more companies for the firm’s portfolio. By 2007, Fortress was able to go public, sending Nardone’s profile to new heights.

By 2011, Randal Nardone would be named CEO of Fortress Investment Group. The private equity firm had weather the storm of the 2008 financial crash and was ready to reach new heights. With Nardone at the helm, Fortress acquired a number of large companies from a diverse number of industries including real estate, transportation and aircraft makers. A little over a decade after its founding, Fortress had dozens of companies in its portfolio.

By 2017, Fortress had caught the attention of SoftBank Group. Randal Nardone knew this was the right time to make a deal. By the end of the year, SoftBank Group and Nardone agreed to a $3.3 billion dollar package that made Fortress a part of the SoftBank Group family. In a recent interview Nardone, said that the SoftBank Group deal would allow Fortress to grow even more rapidly and allow better access to credit lines.

Prior to the founding of Fortress Investment Group, Randal Nardone was Managing Director at UBS from May 1997 to May 1998. Earlier in the 1990s Nardone served as Principal at BlackRock Financial Management, Inc as well as a Partner at Thacher Proffitt & Wood. Today, Mr Nardone serves on the board of Fortress Credit Corporation, Fortress Investment Fund IV, L.P., Fortress Investment Fund V, L.P. and Fortress Registered Investment Trust as well as a number of other companies. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO

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