Fortress Investment Group is a robust investment firm that has increased to even trade at the stock exchange. Its initial offer was in 2007 and has been trading at the New York Stock Exchange since then. It has been dealing with an array of products managed by Randal Nardone who is the Chief Executive Officer.
It offers operation management to other corporate entities, where design the operative, structural and strategic functions of the business for it to run smoothly. Fortress Investment Group also has a specialty in Capital markets. It has helped businesses secure capital and financing from equity and debt markets. Another function, FIG is keen on achieving is the management of acquisitions and mergers. For a while, it has led businesses to close such deals while still maintaining a healthy business relationship for all the parties involved. Randal Nardone notes that the core business is in asset investment. The institution fundamentally is responsible for financing and managing financial and physical assets held by itself and outsourcing companies. Visit tipranks.com to learn more about Randal Nardone.
About Randal Nardone
Randal Nardone is a co-founder of Fortress Investment Group alongside Rob Kauffman and Wes Edens in 1999 who all has superior experience from esteemed financial institutions in the United States such as Goldman Sacha, Lehman Brothers, and many others. This investment firm was to offer strategic asset management functions and from the onset proved successful. Within the first five years, the firm’s valuation had grown from US$ 400 million to US$ 3.9 billion. Randal is the active founder and Chief Executive Officer managing and coordinating the overall activities of the firm.
This Fortress Investment Group’s Boss, Randal Nardone pursued different paths academically. He was a student of English and Biology at the University of Connecticut, where he obtained that degree in Arts. He is also an alumnus of Boston University, where he pursued a course in Law. Following this, he thought it wise to merge the legal and finance profession setting foot in Finance with his other friends. Other that Fortress Investment Group, he had affiliations with many organizations and amassed quite a fortunes from his trades. Forbes recently listed him among the noteworthy billionaires in the United States of America.