Randal Nardone: The Profitability Driver

Even though he is quite famous, a few individuals across the global financial industry are unaware of Randal Nardone. Nardone is 51 years old, and New York-based an investment specialist who doubles up as the founder of Fortress Investment Group and deals with freedom checks. His path towards the financial sector is somehow unconventional of a great investment.Nardone is a learned fellow. He did graduate from the University of Connecticut with a Bachelors Degree of Arts/Science. He soon followed it up with a postgraduate doctorate of jurisprudence that acquired this from Boston University. As a fully trained lawyer, Nardone’s initial high profile undertaking was as the head of prestigious law firm known as Thatcher, Proffitt, and Wood.

By nearly all indications, Nardone was an exceptional lawyer. He was so good that he was on his way of being made partner. However, Nardone discovered that his real passion lay in the business of finance and dealing with freedom checks. This dream made him quit his prestigious job as a lawyer. After doing so, he immediately joined the Blackrock investment firm where became one of the principals and started the freedom checks payment methods. He later left and joined UBS where he acted as a Managing Director.Regardless of formal financial education or training, Randal Nardone stood out as a person with a good nose or knowledge for some of the most profitable and desirable investment options. In 1998, in partnership with Rob Kufman and Wes Edens, they co-founded another fortress group known as the Fortress Investment Group.

While his partners had been distinguished financiers, Nardone got identified as the main leader and took on the CEO position here, a dignified position that he actively held until the sale of Fortress to Softbank.While acting as a lawyer and the same time making it big across the financial world may not be such an oddity, Randal Nardone did distinguish himself as one of the driving forces behind different investment strategies at Fortress Investment Group. This firm opted to focus on alternative investments as opposed to having one-dimensional focus across the capital markets, an aspect that has seen the company realizing success after success.Softbank maintained Nardone as a principal after acquiring Fortress Investment Group, a testament that he was a profitability driver. He made people stop questioning if freedom checks are legit or not.

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