Fortress Investment Group is a firm that is headquartered in New York City. It started out as an equity firm that was private, but soon grew into handling investments that involved real estate, multiple investment funds, government and corporate bonds. Fortress Investment Group was found in 1998. But the highlights of this firm were from 2010 to 2014, because The Institutional Investor Magazine praised this firm a lot. Why did this firm do so well? The answer to that question is simple. Fortress Investment Group was found by three businessmen: Rob Kauffman, Wesley R. Edens, and Randal Nardone. Nardone himself seems to have a lot of roles in this firm. He’s certainly doing a lot to make sure that everything runs smoothly in Fortress Investment Group. But before joining and co-finding this firm, Nardone had established a great career in finance.
Randal Nardone went to the University of Connecticut and got his B.A. degree in Biology and English. And then he attended the Boston University School of Law and obtained his Juris Doctor Degree. Then he started at the law firm known as Thacher Proffitt & Wood, where Nardone was a part of the executive committee. Then he left Thacher Proffitt & Wood and went to Blackrock Financial Management, Inc., where Randal Nardone would serve as the principle. Then in May of 1997, Nardone became the managing director of UBS, a great term that lasted for a year. After May of 1998, Randal Nardone helped Kauffman and Edens find Fortress Investment Group. And in this firm, Nardone is wearing a few hats. He is the Fortress Macro Advisors’ Chief Executive Officer, CEO of the LLC Division, Principal, and Non-Independent Director. Nardone is also in FM Falstaff Advisors and taking up the role of Principal and Co-Founder, Impac Commercial Holdings, Inc. as the CEO and Secretary, and Newcastle Investment Holdings Corp where Nardone is the Vice President. As the CEO of Fortress Investment Group, Randal Nardone is responsible for handling the firm’s financial subjects and any legal situations that may come up. He basically runs and takes care of things.