Randal Nardone is one of the top executives of the asset management firm known as Fortress Investment Group. He co-founded the firm with Wes Edens in 1998 and immediately joined the management committee. Randal Nardone also managed another financial services firm founded by Wes Edens known as Blackrock Financial Management. During his career, Randal Nardone has held top executive positions in both law and finance. These include chief executive officer, principal and managing director. Before getting involved in the financial sector, Randal practiced law at a top law firm in New York City. In a recent report, Nardone was named as one of the richest Americans according to Forbes magazine.
Throughout his career, Randal Nardone has spent many years in management and serving in executive level positions. When he was a member of the law firm Thatcher, Profitt & Wood, Nardone served as a member of the firm’s executive committee. At this position, he was in charge of providing key leadership for the law firm. He would be involved in the firm’s policymaking, business strategy and management of employees. As a member of the executive committee, Randal would have valuable experience that he would use to benefit him during his future career in finance.
Another important managerial position that Randal Nardone had was as the managing director of UBS. Nardone joined the renowned Swiss investment banking firm in 1997 and was in charge of it for one year. As the firm’s managing director, Nardone helped acquire new clients as well as managing relations with its current client base. Under his leadership, UBS was able to maintain its status as one of the top investment banking firms in the industry. Today, Randal Nardone serves as the principal and co-chief executive officer of Fortress Investment Group. He is also the firm’s co-founder along with Wes Edens. As the co-chief executive officer and principal, Randal manages the staff and executives of the firm. He is also responsible for devising strategies and setting goals for the investment management firm. While serving at these positions, Nardone has helped Fortress consistently provide the most effective investment management services for its clients.