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