Randal Nardone: Helping Businesses Gain A Brighter Future
In a bid to help other people gain financial freedom, Mr. Randal Nardone co-founded Fortress Investment Group. Basically, he had the idea of helping others gain a good chance of a brighter future. Today, he serves as the Director, Principal, Co-Founder, and CEO at an investment management firm, Fortress Investment Group LLC – an organization focused on providing people with all the chances they require to be successful.Mr. Randal Nardone is an alumnus of the University of Connecticut from where he graduated with a Bachelors of Arts in English and Biology. He also attended Boston University School of Law from where he got a J.D. In 1998, he joined Fortress to become its co-founder and principal and by 2007, he had grown a net worth of $1.8 billion and was featured on Forbes’ magazine’s “World’s Billionaires” list.
Since November 2006, Mr. Nardone has served as a member of the firm’s board of directors but has remained in its management committee since 1998. Currently, he serves as the Vice President and Secretary of Newcastle Investment Holdings Corp.He is also a Member at FOE II (New) LP and a COO (Chief Operating Officer) and Secretary at Impac Commercial Holdings, Inc. Mr. Randal Nardone Co-founded FM Falstaff Advisors LLC which he now serves as both a Principal and CEO.While partnering with the law firm of Thacher Proffitt & Wood, Mr. Nardone served as a member of its executive committee. He also served as Principal of BlackRock Financial Management, Inc. before joining UBS in 1997. From May 1997 to May 1998, he was MD at UBS before coming to co-found Fortress in 1998.
It was not until August 2013, that he was appointed CEO of the company. Before then, he had served as interim Chief Executive Officer for about 2 years (December 2011 to July 2013).Even after co-founding Fortress Investment Group LLC in 1998, Randal Nardone has served as a Director at SeaCube Container Leasing Limited from June 2007 to January 2008 and Aircastle Limited since October 2004.He also worked with doBank S.p.A as a Director. From January 2011 to June 2014, Mr. Nardone was a Director of Brookdale Senior Living Inc. before retiring in July 2014, He had been serving as a Director of GAGFAH S.A. Since, June 2005, he has remained the director of New Media Investment Group Inc. Mr. Randal is a member of the Board of Directors of several firms and organizations including Seacastle, Inc., Florida East Coast Holdings Corp., Fortress Investment Group LLC, Eurocastle Investment Ltd., Florida East Coast Railway Corp., and Springleaf REIT.