A Close look at the Most Humble Billionaire; Randal Nardone

Fortress Investment Group is an asset management Firm whose headquarters are based in New York City. Unity is the key to success, and Fortress was founded by Wes Edens, Kauffman and Randal Nardone as a private equity company in 1998. Despite the stiff competition that it faces from other financial stable enterprises, Randal and his colleagues have developed strategies that give it a comparative advantage over its opponents and even being ranked one of the few leading Firms globally. It has been listed on the stock market exchange of New York, and it also manages assets that are worth over $43.6 billion.

Fortress has provided a favorable environment to its worker and thus giving them an opportunity to explore their potential to deliver quality results fully. The firm is having a law and Investment guru Randal Nardone, and It received awards twice in 2014 due to its exceptional reputation in the financial industry. It was therefore named as the Hedge Fund Manager and Management Firm of the Year by Institutional Investor and HFMWeek respectively. Fortress has also adopted a reward system to motivate individuals such as Randal Nardone who work hard in the realization of the firm’s goal.

Education being the key to success, Randal Nardone is a well-educated individual who received his bachelor degree in English and Biology from Boston University and a Juris Doctor degree of law from the University of Connecticut. Immediately after his academics, he ventured the corporate world and worked for several enterprises that gave him the opportunity to acquire a considerable amount of money to the extent of being among the few billionaires globally. In the Forbes Magazine, Randal scoops position 557 in their currently released billionaire’s list and with a net worth of more than $1.8 billion.

Today, Randal Nardone is the Chief Executive Officer of Fortress Investment Group, and as the CEO of the Group, his critimacal role is to oversee the financial and legal matters that have an impact to the performance of the enterprise. He previously served as president and chairman of Springleaf Financial Holdings as well as the Credit Corporation Principal. He was also the Vice President and Secretary at Newcastle Investment Holdings. Fortress Three Top Executives Split $44 Million Bonuses In 2015

Highland Capital Management Is Developing Consumer-Oriented Products And Services

Highland Capital Management was incorporated in 1993 by two shrewd entrepreneurs, James Dondero and Mark Okada. In partnership with its associates, Highland has an asset base of over $15.4 billion. Highland Capital Management is a SEC registered investment advisor. Additionally, it is one of the most experienced and leading global alternative credit managers. Their world-class products and services have made them to be revered in the financial industry.

Presently, the independently owned investment company offers a wide range of products for retail and institutional investors. Primarily, Highland specializes in credit strategies, including separate accounts and long only funds, special situations private equity, and collateralized loan obligations. Additionally, the corporation provides alternative investments in natural resources and emerging markets.

It has a rapidly growing team of more than 180 professionals who are based in the company’s offices around the globe. Highland is headquartered in Dallas, Texas. Moreover, it has opened offices in New York City, Sao Paulo, Seoul, and Singapore. Its diversified client base consists of governments, foundations, corporations, high net worth individuals, pension plans, and financial institutions. The company focuses on providing alpha and offering value to investors by developing unique products, protecting investors’ capital, and pursuing new opportunities.

In the past two decades, Highland has been devising new strategies to develop world-class solutions for their clients. Through value oriented investment vehicles, Highland continues to help clients to meet their risk and return goals. The company has continued to establish retail and institutional funds that utilize innovative investment strategies, including ETFs, long-only credit funds, oil & gas funds, emerging market credit funds, and credit hedge funds. Over the years, the company has continued to collaborate with investors in providing them with solutions that satisfy their utilities.

Over the years, Highland has engaged in different philanthropic activities. The corporation has invested in the communities where its staff resides and work. In addition, Highland Capital is dedicated to making a difference in the communities through financial contributions, volunteerism, and advisory board involvement. Highland continues to donate funds to local community-based organizations and national nonprofit institutions. Highland Capital Management has committed over $410 million to numerous charitable organizations around the globe.