Randal Nardone is one of the co-founders of the Fortress Investment Group. Along with his colleagues in the field of business, they founded the investment management firm in 1998. They chose the city of New York as their headquarters because of a large number of businesses operating in the city, and Randal Nardone served as one of the supporting officials of the company before he was appointed recently as the chief executive officer. Together with his colleagues Peter L. Briger and Wesley R. Edens, the founders of the Fortress Investment Group are working hard to make their business soar higher.Randal Nardone has contributed a lot to the growth of the company. During the first few years of the Fortress Investment Group in the business sector, Randal Nardone suggested that the company increase their involvement with hedge funds, real estate, and other securities.
By studying the trend in the market, he concluded that these great investment options are the ones that would grow tremendously. Randal Nardone gathered additional information from Goldman Sachs, as he was also a former partner of the financial giant. By 2007, the Fortress Investment Group has worked with the New York Stock Exchange to be included in the list of companies that can be traded publicly, although an economic recession in 2008 to 2009 slowed down their growth. After the global recession in the late 2000s, the Fortress Investment Group managed to get back on track, with the help of Randal Nardone and his colleagues.The Fortress Investment Group experienced a steady growth after the year 2010. Many publications have given the company a handful of citation because of its stories of success, and award-giving bodies have handed awards and recognition to the company because of how it is being managed.
Many prestigious awards have also been given to the Fortress Investment Group, and as Randal Nardone claimed, all of it would be impossible if not for their loyal clients and customers who are still putting their trust to the investment management firm. Presently, the Fortress Investment Group proudly states that their current business value is at $70 billion, and this figure would keep on growing thanks to the dedication of its leaders.Randal Nardone is positive about the future of the Fortress Investment Group. He claimed that more investors are talking to them because of their interest in putting additional money into the company. He stated that in a few years, the Fortress Investment Group would be dominating the business and the great investment sector.