Career Profile of Fortress Investment Group Founder Randal Nardone
Randal Nardone serves as one of the chief executive officer and principals of Fortress Investment Group. He also co founded the firm in 1998 with another longtime finance professional Wesley Edens. Over a span of nearly three decades, Randal Nardone has spent many years as a lawyer as well as a top executive in the finance industry. During his career, Randal has held many positions such as chief executive officer, principal, and managing director. He has also served on management committees for both legal and financial firms as well. After completing college and law school, Randal Nardone began his professional career as an attorney. He spent several years at a firm called Thatcher, Proffitt & Wood.
While working at this law firm, Nardone was an associate. He would later become a member of the firm’s executive committee before moving on to pursue other opportunities in finance. In the 1990’s Randal Nardone started working in the financial sector for a successful firm called BlackRock Financial Management. At this firm he would hold a significant position in top management. He was the firm’s principal for a few years. As the principal of the firm, Randal was responsible for overseeing the firm’s operations as well as managing the employees. Nardone also helped acquire clients for the firm. His next opportunity in the financial sector came in 1997 when he joined UBS.
As a member of UBS, Randal Nardone was part of one of the most reputable firms in the entire world. Nardone served as the managing director. At this position, he provided the overall management of the firm as well as getting more clients. After working at UBS for one year, Nardone decided to pursue entrepreneurship. He went on to help start up a new financial services firm called Fortress Investment Group. While starting up the firm, Nardone helped come up with the idea of forming an alternative asset management firm. Within a few years of being in business, Fortress Investment Group went on to expand and establish itself as a highly reputable financial services firm. Since co founding Fortress Investment Group, Randal has served as a member of the firm’s management committee.