Mr. Randal A. Nardone co-founded Fortress Investment Group, and also holds the roles of chief executive and Director. The business mogul founded Fortress in 1998 and has seen the company rise to be among the top firms in the industry. His career and success have enabled him to expand the company. He also serves in the Board of Directors at Springleaf REIT, Inc., Seacastle, Inc, Florida East Coast Holdings Corp., and Eurocastle Investment Ltd. He left Blackrock Financial Management in 1997 and cofounded FIG. He took the CEO position in 2013, and his goal has been to help clients and stakeholders in financial and investment matters.
He has foreseen the gaining of trust for the freedom checks in the market. These freedom checks have over the years been doubted by many people, but Randal Nardone has managed to make them as one of the primary forms of payments.
The CEO’s background in English and Biology, Law, finance, and business is what guides him in his day to day company activities. The full competition in the industry does not stop Mr. Randal Nardone. He knows how to strategize and serve clients needs better than any other investment group around. His vast knowledge in finance has made the University of Connecticut and Boston University School of Law graduate not only expand the firm but also inspire those who have interests in the finance field.
He is an expert in investment management, and his passion for finance is notable especially in freedom checks. Through Mr. Nardones’s contribution in the company, Fortress Investment Group was given the “Hedge Fund Manager of the Year” title by Institutional Investor in 2014. The company was also named “Management Firm of the Year” by HFMWeek. The investment firm has been nominated for many other titles through the years.
Mr. Randal Nardone made Fortress Investment Group a success story. The services offered and the change the investment firm brought in the industry are huge enough to cause a wave. SoftBank Group Corp. announced the plan to acquire Fortress Investment Group in 2017. Mr. Randal Nardone assured shareholders and stakeholders that even after the acquisition of FIG by the Japanese Banking giant, the company remains independent and every operation goes on as usual and freedom checks will still be used in the company. Fortress Investment Group Focuses On Open-End Asset Funds