Category Archives: Company

The Success Story Of Randal Nardone, Co-Founder Of Fortress Investment Group

Randal Nardone is a co-founder of Fortress Investment Group, a company founded in 1998 together with two other investors. He works in the New York offices, and he is a principal of the alternative investment firm as well as serving as a member of the board of directors. Randal Nardone started working as an attorney, partner at Thatcher Proffit and Wood law firm. He later joined financial industry in 1997 when he joined Blackrod Financial Management and served as a principal before leaving for UBS AG in 1997 where he served as a managing director. Randal Nardone holds a bachelor’s degree in Biology and English from the University of Connecticut as well as Law degree from the Boston University School of Law.

In December 2017, Fortress investment group made an announcement that the company is being acquired by SoftBank Group corp., a huge banking company from Japan. The acquisition was made at $3.3 billion making the Japanese company an owner of all the outstanding shares. After the purchase, the management of the Fortress Investment Company including Randal Nardone retained their positions. The company delisted itself after the acquisition making it the original equity company to delist itself in the United States. The company will operate as an independent company investing in what they are specialists in including real estate, private equity firm, hedge funds, railroads, and credit funds.

Randal Nardone talked about the massive acquisition of Fortress Investment Group stating that he was very optimistic that the deal will reinforce his company. He also noted that the agreement would help his company grow shortly and be able to access more credit. He stated that the deal saw each share of Fortress Investment Group being bought at $8.08 per share whereas it was trading at $5.83 per share. The deal was a great deal for all investors in his company.

The total amount of money made by the executives of Fortress is $1.39 billion after the acquisition by SoftBank. The amount is to be split among the investors based on the number of individual shares.

To Read More Click This Link : www.crunchbase.com/person/randal-nardone

What Makes Matt Badiali’s Freedom Checks Legit?

Investors who are ware of internet offers might miss the opportunity to invest in Freedom Checks, either as a result of labeling it a scam or too good to be true. Freedom Checks have been introduced by Matt Badiali through a viral ad campaign.

Matt Badiali is a geologist, having been studying natural resources for over 2 decades, and being considered an expert when it comes to the mining and energy industries. He taught geology at the University of North Carolina, and at Duke University, and in addition his work and education took him across the globe, to places like Iraq, Singapore, Hong Kong, Papua New Guinea, etc. He spent time with entrepreneurs in oil industry and throughout his career more than 100,000 Americans turned to him for research.

Freedom Checks are a tax-free investment opportunity that exists as a result of Statute 26-F, a federal law enacted by Congress back in 1987. The law enables over 550 energy-related companies to send monthly or quarterly checks to investors, which have been dubbed by Matt Badiali as Freedom Checks. The firms are titled Master Limited Partnerships, and play a number of roles in the gas and oil industries. MLPs operate refineries, drill new wells, and transport fuel through their pipelines. In order to qualify as a Master Limited Partnership and in turn benefit from tax exemption, companies must send investors 90 cents of every dollar earned.

The income tax does not apply to Master Limited Partnerships or to their shareholders, investors paying a small tax on capital gains once they sell their shares. The policy was designed to give Americans an incentive to invest in energy industry. The law was passed in with the idea that the United States needs to maintain its independence through the production of more energy, the law rewarding people who invest in domestic oil and gas producers.

A similar concept has been making headlines recently, titled Trump Bonus Checks, being introduced by Mike Burwick. There are many fundamental differences to Freedom Checks however, as Brunwick’s checks comes as a result of investment made in the companies he recommends, as opposed to MLPs.

To Learn More Click This Link : www.metropolismag.com/uncategorized/freedom-check/

Randal Nardone Has Played A Key Role In Attracting Customers At Fortress Investment Group

Randal Nardone is a well-known financial investor and analyst who has been in the industry for a more extended period. He the co-founder of Fortress Investment Group, one of the leading alternative asset management. The company, which has been there for almost three decades has consistently proven to be one of the leading organizations regarding customer services. Randal Nardone started this company with the primary aim of offering quality financial services to the customers.

Before joining Fortress Investment Group, Randal Nardone was working in other hedge fund organizations which were offering investment services to the members of the public. However, the companies were not providing quality and substantial services to their customers. This made the experienced financial analyst to quit working for hedge fund organizations and start his own company, which would provide customers with the services they needed.

To provide quality services to the customers, Randal Nardone formulated and implemented several policies in his organizations. One of the initial policies he implemented included creating an open door policy where the customers would visit the premises of the company and request for any financial services from the experts in the company. Initially, it was difficult to access financial services from the organization as they had made it hard for the customers.

The second strategy that Randal Nardone involved incorporating technology in the customer care department at the company premises. The technology incorporated was solely integrated so that it can serve customers efficiently. Fortress Investment Group wanted to serve a large number of customers within a short period. This is an objective that had not been realized by other organizations working in the asset management industry. This innovation helped the company to serve all the customers who visited the premises of the company at any given time.

Lastly, Randal Nardone ensured that Fortress Investment Group developed customized financial products that meet the needs and interests of the customers. Traditionally, financial organizations had ready-made products that they sold to their customers. Fortress had realized the necessity of listening to the customers so that it could offer them the products they needed. These policies have made Fortress Group remain as one of the largest asset managers in the industry.

To Know More Click The Link : www.forbes.com/lists/2007/10/07billionaires_Randal-Nardone_ZZ5A.html