Fortress Investment Group is associated with some principals, and Randal Nardone is one of the most distinctive and influential individuals. Having co-founded the asset management firm with Wes Edens and Robert Kauffman, his position in the world of finance is best summarized as a catbird seat. For Randal Nardone, his finance career is one coated with success and fortune; one that made him a billionaire and certainly a finance power-house. His shrewd selection of friends and business partners has been a catalyst in his career, from his early days trotting the corridors of justice as a lawyer in a reputable law firm, Thacher Proffitt & Wood, where he was a partner.
When he co-founded Fortress with his partners and friends, Randal did not know that they were breeding what would later turn out to be a multi-billion firm. He was able to lure the top talents in the finance world to join him, and his partners at Fortress ,and Peter Briger was one of them. Well, Randal must have a bubbling charisma, because professionals of Peter Briger ’s caliber don’t just join any other firm. For Randal and Peter Briger, they shared a common goal and vision, and that is why they hit a home run at the most prominent financial platform, making billions of dollars for their investors and also for themselves.
While the genesis of Randal’s pilgrimage did not start in the Wall Street world, it sure did lead him there. He started off as a man of the law after completing his Doctor of Jurisprudence from Boston University of Law. This was in addition to his Bachelor of Arts in English and Biology, which he had attained at the University of Connecticut. This would see Randal work in various institutions at top positions including serving at UBS as the managing director and also worked as a principal at BlackRock Financial Management.
His management, together with Wes Edens and Peter Briger would make Fortress the primary address of the top investment managers. This generated massive interest from investors who wanted a piece of Fortress. Consequently, Soft Bank purchased Fortress at $3.3 billion. Randal Nardone says that the acquisition gives Fortress access to more diverse investment opportunities, given the financial muscles of the Japanese firm. The management of Soft Bank retained Randal Nardone as a principal at the firm, attributing their decision to the solid leadership that Nardone had provided at Fortress.
Visit his website: http://petebriger.com/