Randal Nardone is one of the co-founders of the investment firm Fortress Investment Group. He helped start up the firm in 1998 with fellow financial services professional and entrepreneur Wes Edens. Nardone has a unique background that has helped him experience a successful career in the financial sector. Randal practiced law for several years at a prestigious New York-based law firm. During his career, he has served in top management positions for other investment firms such as Blackrock Financial Management and UBS. Over the last two decades, Randal Nardone has earned a substantial amount of money which has allowed him to be named to the Forbes list of America’s billionaires.
After finishing his legal education in Boston, Randal Nardone began working at a top law firm. While working as a member of Thatcher, Proffitt & Wood, Randal spent his time serving as one of the attorneys. and stood out as among the top lawyers at the firm. Within several years, Randal would be promoted to the firm’s executive committee. At this position, he would begin demonstrating his leadership skills. While a member of the law firm’s executive committee, Randal provided management and strategy for the law firm.
Nardone decided to pursue a career in finance after working at Thatcher, Proffitt & Wood for several years. Randal Nardone got his first experience in the financial sector when he joined the investment firm BlackRock Financial Management. This was a new startup firm that was founded by Wes Edens. Nardone worked at this firm serving as its principal. This allowed him to get experience managing financial services firms.
In 1997, Randal Nardone joined another investment firm known as UBS. While working at UBS, Nardone spent his stint serving as the managing director. This position required Randal to get new clients for the firm as well as provide assistance to existing ones. Under his leadership, UBS remained as one of the top investment banking firms in the world. Nardone would then move on to co found Fortress Investment Group a year later in 1998. Once he co-founded the Fortress firm, Randal became one of its principals and one of the members of its management committee.