The Success and Greater Heights Fortress Investment Group have Achieved Because of Randal Nardone
In 1998, that’s when Randal Nardone started offering his services at Fortress Investment Group. He has been with the company the longest, and he has been there to witness all the success that they have received over the years. At the company, he offers his services being a member of the management committee and board of directors. In the company’s course of active Randal Nardone will be actively involved. Through the years he was responsible for ensuring that the company reaches the highest heights and does not drop. The reason why he has been responsible for taking care of any legal matter about the company and financial issue.
During the process of Softbank acquiring Fortress Investment Group Randal believed that the decision would be of negative impact to the company. Through the acquisition then it meant that fortress would receive more of the credit sources and that would have more opportunity of expanding. Even the shares rose after the purchase, and they started selling at $8.08 each. The assets also rose because at the moment the company is responsible for $69.6 billion is the asset. The assets that will be received in the company they are shared equally that’s in fixed income and credit hedge funds. There are different positions that Randal Nardone hold that is being responsible for FMA LLC, Florida east coast railway, FM Falstaff advisors and Euro castle investments.
Randal has offered her services to other different companies. One of them being a law firm the Thacher Proffitt and Wood. After that, that’s when he left the law firm to venture into the financial sector. That’s when he joined the UBS offering his services as the managing director. Also, at the Blackrock financial management, he has worked there being a principal. That’s was until in 1998 when he decided he wanted to follow his spirit in entrepreneurial to found the Fortress investment group. Randal Nardone offering his leadership at the company has been the reason why the company has been leading in the investment company and have grown. All through from 2000 to today he has been offering his services to different boards.