Randal Nardone co-founded Fortress Investment Group in 1998 and became the Chief Executive Officer in August 2013 and has been the Principal since 1998. In addition, he was elected to be a part of the Fortress board of directors in November 2006. Besides running the financial aspects of the business, he pretty much just works behind the scenes.
Before helping found Fortress Investment Group, Randal Nardone was working at UBS as the managing director. He held this position between May 1997 and May 1998. Before that, he was the Principal of Blackrock and, in his very early career, he was actually a member of the executive committee at the Thacher Proffitt & Wood law firm. He got his Juris Doctor degree from the Boston University School of Law and his Bachelor of Arts degree in English and Biology from the University of Connecticut. All of this experience has helped him do well in his current career and he is always trying to learn new things, so he can stay up with the evolving world.
Besides being a member of the board at the Fortress Investment Group, Randal Nardone is also a member of a few different boards. Since 2004, he has been the director on the board for the following companies: Aircastle Limited, New Media Investment Group, SeaCube Container Leasing Ltd., doBank S.p.A., Mapeley Limited, Brookdale Senior Living Inc., Springfield Holdings, and GAGFAH S.A.. In May of 2015, he became of board director of Fortress Transportation and Infrastructure Investors LLC. He is also Executive Management at the New Residential Investment Corp.
In terms of SoftBank’s purchase of Fortress Investment Group, Randal Nardone has said that he’s very excited. With the 2 teams joining together, he thinks they have what it takes to give the best service they can. In addition, he believes that SoftBank is the perfect company that could’ve bought them. This partly due to the fact that SoftBank is a top company that serves the entire globe and they have a really good track record. He is excited to see where they go from here and what they can come up with! A Force of Innovation: Two Decades of Fortress Investment Group