Randal Nardone: The Pillar of Success at Fortress Investment Group

Randal Nardone is the Co-Founder and CEO of Fortress Investment Group, a leading investment management firm. He was appointed to the firm’s board of directors in 2006. Since the founding of the alternative asset manager in 1998, Mr. Nardone has been part of its management committee.

The senior executive at Fortress also serves in prestigious positions in a number of Fortress Investment Group’s subsidiaries such as leadership position at FMA LLC, Eurocastle Investment, Seacastle, Impac Commercial Holdings, FM Falstaff Advisors, FIG LLC, Newcastle Investment Holdings and Florida East Coast Railway. In 2007, Randal Nardone was featured in Forbes Magazine’s World Billionaires list ranking No. 557.

Randal Nardone graduated with a BA from University of Connecticut and a JD from Boston University School of Law. He has been very instrumental in determining the strategic direction of Fortress Investment Group. Fortress started as an equity firm in 1998 and it grew rapidly in the hands of Wes Edens, Randal Nardone and Peter Briger to become a global investment management firm managing assets worth over $40 billion on behalf of over 1500 investors across the world.

Prior to joining Fortress, Mr. Nardone served as a managing director at UBS as well as a principal at BlackRock Financial Management. Earlier on, he worked at Thacher Proffitt & Wood law firm as a partner. His experience in the investment sector spans wide and far working in many firms in various capacities. What won’t go unnmentioned, however, is the contribution he made to the growth of Fortress which started with an initial investment of $400 million. In 10 years, the company had started trading its shares publicly making it the first investment management firm to go public in the United States. Currently, the company is valued at over $3 billion and recently, it was acquired by SoftBank for $3.3 billion.

SoftBank had earlier focused on tech companies and this acquisition deal came as a surprise. It is in line with its mission to lead in the world of investment management. Fortress Investment Group continued with its operations normally in the wake of the acquisition and its founding principals led by Randal Nardone stated in a statement that it is a new dawn for the company as it embarks on a new path. They are embracing the challenges and opportunities of the world market by joining forces with SoftBank.

More Business News: https://alivenewspaper.com/2018/09/fortress-investment-group-20-times-square-makeover/


Guilherme Paulus gives his story at the Top Seller event

The Top seller event which is hosted annually under a different theme is one of those events any aspiring business leader should not miss. Last year’s event theme was Entrepreneurship and as if on cue they were able to get Guilherme Paulus to headline the event. Learn more about Guilherme Paulus at Crunchbase. Who else better to do it than him given his reputation as an entrepreneur. He has won a number of entrepreneurs of the year awards and deservedly so. Those who know his entrepreneurial journey were eager to hear from him, and those who did not know him got an opportunity to hear from the man himself. It was in 1972 when he first went into business at the time he had just left his job at Casa Faro a travel agency after two years. He did not have much to speak of, but he knew his dreams would take him far. He had, however met Carlos Vicente Cerchiari, a state deputy who was willing to give him a chance to earn a portion of his company which he was just about to start. At the time he would offer his expertise and services in exchange for his stake. Guilherme Paulus being a young man, saw this as an opportunity to actualize his dreams and in no time he was aggressively marketing their travel agency to all who would give him a chance. The business was not easy, and for Carlos Vicente Cerchiari it was time to focus on other things, and after four years he left. This was in 1976, and the company was barely breaking even.

Watch: https://videos.band.uol.com.br/16115148/sonia-racy-entrevista-guilherme-paulus-%E2%80%93-parte-4.html

Over the next nine years, the company went through ups and downs that saw Guilherme Paulus almost give up. His saving grace would, however, come from a Mercedes executive who had heard of his company and offered him a chance to bid for the contract to take their employees on tour.

This was the moment when everything changed for CVC. Guilherme Paulus knew that he had to do everything he could to secure the contract. He eventually did, and by the time the tour ended, he had so many ideas that he knew his company would never be the same again. Watch Guilherme at Videos.Band.