In 1998, five finance and investment professionals joined hands to formally launch what until then was just an idea. A finance and investment giant with several sub-divisions, each playing into every Principle’s area of expertise, they were out to shake the investment industry. Among the five principles included Randal Nardone, a law graduate from Boston University who had spent a significant part of his career following up on the trends and performances of the financial markets and investments. This exposure saw him master the art of the investment world and land him several managerial and executive positions with different leading money market firms.
Randal’s previous engagements before joining Fortress group
Before joining Fortress investment group ad becoming the investor’s chief executive officer, Randal Nardone worked as the managing director for UBS investment group. He had also worked as a partner with the Blackrock Financial management after leaving his law career. However, before joining the world of finance, Nardone practiced law at Thatcher Proffitt and Wood.
Nardone’s career at Fortress Group
Randal Nardone classifies himself as a financial law specialist and has spent a significant part of his career with representing individuals and companies across the globe on financial affairs. Given that Fortress Group is constantly engaging partners and investors alike, Randal’s expertise in financial affairs has always come in handy in ensuring any deals and partnerships the company strikes with third parties are always in the interest of the Fortress Investment Group.
The financial law specialist played an integral role in the development of the company by representing it in most of these deal negotiations. This saw him climb up the ladder to assume the investor’s Chief executive officer position in 2013. His appointment came at a time the investment giant was recuperating from the financial losses suffered during the recession. Randal has since steered the company towards recovery and saw it regenerate into a national leader in the word of managed assets and alternative investments.
More about Randal Nardone
The recent sale of Fortress company shares to a Japanese financial company saw most of the Fortress investment principles feature on the billionaire’s list. Randal, for instance, had his net worth shoot $1.8 Billion. According to the Forbes 2017 list of billionaires, Randal also saw a jump in position to settle at position 557. Nardone’s success in finance and investment world goes on to prove what levels that passion can and proper partnerships can help you reach.