Currently serving in the role of interim Chief Executive Officer with the world famous asset management firm known as Fortress Investment Group, Randall Nardone has been an integral part of the firms since its beginnings. Those beginnings were in 1998 when Randal co-founded Fortress alongside fellow investment legends Wed Edens and Peter Briger. Randall Nardone himself has also been on the firm’s board since late 2006. When Peter Briger and Wes Edens joined forces with Randall in 1998, the goal was to create a firm that would excel in the area of alternative asset management and it is clear that they succeeded in this regard.
Randall Nardone received his academic education at the Univesity of Connecticut where he attained a degree in biology and a second one in English. Randall then moved on to the law school at Boston Univesity where he was awarded his Doctor of Jurisprudence. It was after his college studies that he began pursuing his life’s work in the area of finance.
Fortress Investment Group is now expanding with a brand new fund. This is a fund that makes investments in intellectual property. It will also deal in areas such as debts in real estate. This has all happened in the wake of Fortress Investment Group being acquired by the Japanse entity Softbank. Though Softbank now has control of Fortress Investment Group, Wes Edens, Peter Briger and Randall Nardone have been able to go on in a business as usual manner. The reputation that Nardone, along with Edens and Peter Briger have built over the years, combined with the massive amount of success, is what led to Softbank’s desire to acquire Fortress Investment Group. With this move, it certainly appears that the future is bright not only for Softbank, but for Fortress Investment Group. The executive team at Fortress look forward to adding to the firm’s already well established legacy.