Please Read This To Learn About Randal A. Nardone, A Co-Founder Of Fortress Investment Group

Randal Alan Nardone is the current interim CEO of Fortress Investment Group. He is also a co-founder and principal of the investment management company. In November 2006, he was appointed to the board of the directors of the firm. However, he has held management positions before then. In fact, he has been in the management team since 1998. He became the Chief Executive Officer in August 2013. So basically, he is a co-founder, principal, director and the current interim CEO of Fortress Investment Group, the firm which he co-founded with Wesley R. Edens and Rob Kauffman in 1998.

Prior to that, Randal was a Managing Director of UBS. He was also a principal of BlackRock Financial Management and was once a partner of the Thacher Proffitt & Wood Law Firm. Aside those, he had also served in some other organizations.Randal A. Nardone became a billionaire in 2007 after Fortress Investment Group’s Initial Public Offering (IPO). Consequently, he was featured in the 2007 Forbes magazine’s World’s Billionaires’ list for the first time. And he ranked 557. He had a net worth of $1.8 billion.

Randal Nardone’s Educational Background

Randal schooled at the University of Connecticut where he had his Bachelor’s degree in English and Biology. He further completed a Doctor of Jurisprudence (JD) degree from the Boston University School of Law.

Randal Nardone’s Executive Profile

Randal is known to be affiliated with over 20 companies. And he is a member of the Board of Directors of 8 organizations across 20 different industries. These 8 organizations are:

– Springleaf Financial Holdings LLC.

– Springleaf Finance Inc.

– Springleaf REIT Inc.

– Florida East Coast Holdings Corporation

– Alea Group Holdings Bermuda Ltd.

– Eurocastle Investment Limited.

– Fortress Credit Corporation, and

– Fortress Investment Group LLC.

In addition to those organizations mentioned, Randal also holds affiliations with other organizations. Some of them are

– OneMain Holdings Inc.

– New Media Investment Group Inc.

– IMPAC Commercial Holdings, Inc.

– Drive Shark Inc.

– Newcastle Investment Holdings LLC

– Mapleley Limited

– Aircastle Limited

– Brookdale Senior Living

– Fortress Transportation and Infrastructure Investors LLC

– Fortress Fund Mm II LLC. and numerous other organizations.

What Employees are saying about Randal Nardone

Some of the employees at Fortress Investment Group have commended their current interim CEO and the other co-founders. One former employee described them as smart and thoughtful people. And another described them as friendly people.In addition, former employees provided 91 reviews about the top management executives at the firm, however, Randal Nardone alone had 33 ratings which is impressive for a boss managing a multi-billion dollar investment organization.Furthermore, SoftBank Group Corp. is now the parent company of Fortress Investment Group because she purchased the investment firm for $3.3 billion in December 2017, although, the agreement was first reached on February 14, 2017.

Southridge Capital Invests Both Locally and Internationally.

Southridge Capital LLC is a private equity firm that was founded in 1996. This investment group is based in Ridgefield in Connecticut and it is dedicated to providing securities brokerage services and investment banking to its diverse clients through a wide range of financial solutions.

It’s over 20 years’ experience in the area of financing, has enabled the company to acquire a vast understanding of complex issues that the growing companies are facing. So far, Southridge Capital has provided financial services to more than 250 companies thus enabling them to achieve their goals.

Since the company was founded, their finance team has been able to work with several small and middle-level companies through direct investments of more than $1.8 billion.

Though Southridge is based in the United States, it seeks investments even in international markets in places like Canada, Australia, the United Kingdoms and many more in the emerging growth areas. What has facilitated to the growth and expansion of this financial holdings company is its ability to tailor a financial plan to the needs of every of their client and ensure the plan is executed accordingly without fail. To better their service and product delivery to their clients, the company has had their structure redefined as well as had their brand re-energized.

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Southridge’s Equity Purchase Agreements.

In 2012, Southridge Partner II entered into an equity purchase agreement worth $10 million with Elayaway, Inc. (ELAY) the mother company to DivvyTech, Inc. The announcement was made by the CEO and Chairman of Southridge, Stephen Hicks on the 6th of August 2012. ELAY is a leading provider of high-tech payment processing platform for retailers in healthcare, sports and travel verticals.

Southridge Partner II also entered into another equity purchase agreement with Andalay Solar, Inc. in 2015. The California-based company that was founded in 2001, is known for being the pioneers in the generation of revolutionary solar panels that are both safe and reliable. Andalay is an award-winning company in the solar power systems.

Additionally, Southridge Partner II entered into another equity purchase agreement worth $5 million with Elite Data Services. This is a Texas-based technology company that advertises assets as well as enacts their software to market. To learn more about the company and its services visit