Before becoming the revered finance guru, you know today, Randal Nardone, was a lawyer. Just like he is in finance, Randal was also a big deal in law and worked as a partner at Thacher, Proffitt & Wood, one of the most prominent law firms in the country. Even though it was a prominent position and he had a bright future in litigation, Randal realized that law is not something he wanted to do for the rest of his life. He instead preferred dealing with numbers. On this realization, Randal Nardone immediately began working out a way to connect the fields of law and finance. As a man dedicated to bettering his path, it did not take him long to find it, and soon he jumped ship and moved to finance. His first position in this field was at Blackrock Financial Inc.
Randal worked here for a while and later moved to UBS where he was served the position of managing director. Even though his position at UBS was lucrative and could get him to wherever he wanted, Randal had bigger and better plans. So when he finally met other likeminded individuals, he joined forces with them and together they established Fortress Investment Group. That was back in 1998. Since then, through collaborative efforts with those he formed the company with, he has propelled it to become one of the most respected alternative investment firms. His utmost commitment to making the company a market leader has not gone to waste and has seen him reap massive personal rewards as today he is among the billionaires on Forbes list, ranking #557.
As a successful entrepreneur, Randal Nardone understands the essence of having a diversified portfolio and as such, has a hand in various other ventures. These include Springleaf Financial holdings where he serves as chairman and president, IMPAC commercial holdings where he has been the COO and secretary since 1999 and Newcastle investments holdings where he has been serving as the vice president and secretary. Even though he has his plate full, Randal Nardone doesn’t forget the integral role of the community in his impressive success. In respect to that, he holds various positions in the boards of charitable organizations through which he gives back. It is due to all this, that employees at Fortress and all the other companies he has a hand in describe him as a compassionate leader.