How Randal Earned a Position in Forbess Magazines Billionaire List

Randal Nardone is the Co-Founder, Principal and Director at Fortress Investment Group, a leading alternative asset manager in the world. He has been highly successful in his investment endeavors to feature in Forbes list of billionaires. He was part of the asset management firm when it went public making it the first hedge fund to go public in 2007. As at 2016, the firm managed approximately $70.2 billion in assets. Mr. Nardone was listed in Forbes’ magazine’s “World’s Billionaires” list with a net worth of about $1.8 billion in 2007. He joined Fortress Investment Group in 1998 when the firm started as an equity firm. He ascended to the position after the firm’s initial public offering in 2007 as part of the “Fortress Five”.

In addition to his professional roles at Fortress, he is also a member of the firm’s board of directors and he has served in the position since 2006. Randal Nardone gained valuable experience working at UBS as a managing director. Prior to joining UBS, he served as a principal at BlackRock Financial Management. He also served at Thacher Proffitt& Wood as a partner as well as member of the executive committee. Randal Nardone went to the University of Connecticut where he graduated with his undergraduate degree in science. He also graduated with a J.D. from the prestigious Boston University School of Law. The visionary leader in the world of asset management held various leadership roles in multiple subsidiaries of Fortress including FMA LLC, Eurocastle Investment, Impac Commercial Holdings, FM Falstaff Advisors, Florida East Coast Railway, Seacastle, Springleaf REIT, and Newcastle Investment Holdings.

Under his leadership and other executive leaders, Fortress Investment Group grew rapidly to manage more than $43 billion of assets on behalf of more than 1750 investors in permanent capital vehicles, private equity, and private equity. He serves at the company alongside Peter Briger and Wes Edens. Randal Nardone has served in the financial industry for decades establishing efficient allocation of capital to profitable developments across the world. He recognizes the point that when capital flows efficiently and quickly, it drives global developments to higher heights of success. Fortress Investment Group was recently acquired by SoftBank.

Affordable Stock Based Loans

Equities First is a private, full service and non-purpose lending institution that mostly specializes in securities based lending activities to investors who need to raise capital fast. The company is headquartered in Indianapolis, and it has branches in different parts of the globe. The institution has very straight forward processes, and this makes it easy for clients to gain fast access to lower constant interest rates by using their publicly traded stocks as collateral. Equities First Holding was founded in 2002, and it has completed almost seven hundred transactions for its clients, ranging from international company to ultra and high net worth people.

 

Just recently, the company published a new report, stating that more people in the world are looking for alternative loans to fund their businesses. The margin loans offered by most of the lending institutions available are no longer available to consumers, especially those who want to raise capital fast for their businesses.

 

The credit qualifications have been significantly tightened, and according to Equities First Holdings, most of the consumers are no longer eligible. Government institutions have not been left behind. They are offering loan at very high interest rates to the clients, making everything difficult for the upcoming businessmen.

 

Stock-based loans, on the other hand, are providing a reliable alternative to investors. If a customer owns shares that are traded on public platforms, they can now get loans using the stocks as collateral. The interest rates on the stock-based loans are lower, and they do not change after some time. The loans are offered fast, and there are no high risks for the investors.

 

Equities First Holdings has transformed the lives of many investors in the world. Recently, the international company announced that it had acquired Meridian Equity Partners Limited, a company that is based in the United Kingdom. According to the announcement, Meridian Equity will operate under Equities First Limited.

 

The president and founder of the business, Al Christy, say that the new acquisition will transform the lending institution and bring the services to a new international level. Equities First Holdings has over seven offices in different parts of the world.

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