The Career of Randal Nardone

Randal Nardone has carved out a successful career for himself in the financial world. However, Mr. Nardone didn’t start out thinking that his career would go down that path. He began his academic career by obtaining a bachelors degree in English and in biology from the University of Connecticut. He then went on to obtain his law degree from Boston University School of Law. After finishing law school, Randal Nardone joined the law firm of Thatcher Proffitt & Wood. He would eventually move up to become a partner with that law firm. Mr. Nardone moved away from a focus on the law and moved into the investment and finance world when he joined BlackRock becoming a principal.

From there, he moved on to UBS where he was the managing director for one year.In 1998, Randal Nardone joined with Wes Edens and Robert Kauffman to found a new alternate asset investment company that they would name Fortress Investments. This company operates in a number of areas in order to create value for those who are the investors in the several investment funds that Fortress Investments has available. The company has a credit investment line, a private equity line and a long-duration asset line of business. Mr. Nardone’s position with the company is as a principal and chief operating officer. He is especially concerned with overseeing the company’s legal investment matters.

In 2017, Fortress Investments was sold to a firm from Japan known as SoftBank.Fortress Investments is allowed to operate independently from SoftBank, and Mr. Nardone has retained his position within Fortress Investments. Mr. Nardone has stated that he feels like the purchase of Fortress will ultimately be very good for the company. He believes that the acquisition will allow Fortress Investments to grow at a faster pace than would have been possible without the acquisition. Working in the world of finance has made Randal Nardone a wealthy man. According to Forbes, Mr. Nardone ranks number 557 on the their list of the world’s billionaire’s. Mr. Nardone’s net worth is estimated to be $1.8 billion.

learn more about him : http://www.marketswiki.com/wiki/Randal_A._Nardone

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