Randal Nardone is a self-made billionaire who co-founded Fortress Investment Group in 1998. He is the CEO (Chief Executive Officer) of the company. Randal Nardone is the Principal of Fortress Credit Corporation. Fortress Credit Corporation is a private equity company. He is the President of Ncs 1 LLC.In 2017, Forbes magazine ranked Randal Nardone as number 557 on their list of billionaires, worldwide. This status was accomplished by Nardone at the age of 51. He is a citizen of the United States of America and resides in New York, New York.Randal Nardone attended the University of Connecticut, where he studied Biology and English. He received his Bachelor of Arts degree in Biology and English. Nardone received his J.D. law degree from Boston University School of Law.
Nardone serves as the Director of Brookdale Senior Living. He served as the Executive Management on the New Residential Investment Corp, Director of Gagfah and Director of Springleaf Holdings.Fortress has a number of subsidiaries which includes FM Falstaff Advisors, Newcastle Investment Holdings, Eurocastle Investments and Springleaf REIT. Nardone holds various positions at these Fortress subsidiaries.Before Nardone co-founded Fortress Investment Group, he served at UBS as their managing director. At BlackRock Financial Management, he was their principal. At Thacher Proffitt and Wood law firm, Nardone was one of their partners. Since the inception of Fortress Investment Group, they have become successful and has been recognized worldwide for being an innovative company. The company has received many awards throughout the years. In 2010 and 2011, Fortress Investment Group were awarded the Credit-Focused Fund of the Year by Institutional Investor magazine.
In 2012, the company was awarded the Discretionary Macro-Focused Hedge Fund of the Year by Institutional Investor magazine. In 2014, Fortress was awarded the Management Firm of the Year by HFMWeek, a well-known journal in the field of alternative-investment. It is the desire of Randal Nardone to be understood as a hard worker in making Fortress Investment group a success. Having confidence in his skills, he wants the company to have a positive and enormous impact on their clients. It is the intention of Nardone for people to reap the benefits of becoming successful from the time and effort he put in his work at Fortress Investment Group. He is a big supporter of Fortress and the positive things the company is involved in. They can be depended upon as a source of encouragement to clients as well as employees.