In 1998, Randal Nardone and Wes Edens Co-founded Fortress Investment Group. The company is an equity firm headquartered in New York. Randal Nardone became the CEO of the company in 2013 after serving as interim CEO for nearly two years. Nardone earned a Bachelor of Arts in Biology and English from the University of Connecticut. Additionally, he received a J.D. from Boston University School of Law. Nardone has an extensive background in the business area. Previously, Randal Nardone held positions such as Managing Director at UBS for one year. Additionally, he worked as the Secretary of Newcastle Investment Corporation for over 14 years. Nardone has served as the Chief Operating Officer at IMPAC Commercial Holdings since 1999.
Nardone has served as a Director since 2008 on the Board of Directors for Florida East Coast Holdings Corporation. Additionally, Nardone has held the position of Director since 2010 on the Springleaf Finance Inc., Board of Directors. Currently, Fortress Investment Group is a global company which manages billions of dollars in assets for investors. Clients of the firm consist of individuals and institutional investors such as hedge funds and private equity firms around the world. There are nearly one thousand employees working for Fortress Investment Group. Since the company was established, Fortress Investment Group has been recognized as an industry pioneer.
In December of 2017, SoftBank purchased Fortress Investment Group for over $ 3 billion dollars. After the SoftBank purchase, the principals remained at Fortress Investment Group. The firm has three principals Randal Nardone, Wes Edens, and Peter Briger. SoftBank is headquartered in Tokyo, Japan. SoftBank committed to maintain the staff, systems, and organizational culture which led to the achievement experienced by Fortress Investment Group prior to the acquisition. Fortress Investment Group has three operational areas which include Private Equity, Permanent Capital Vehicles, and Credit.
Being an entrepreneur is not easy. In fact, one could say that starting a business is like running against a tide of adversity. However, this is one business leader that is making it easier for entrepreneurs to realize their dreams. That man, Glen Wakeman, has quickly become an entrepreneur’s best friend.
With his company LaunchPad Holdings LLC., Glen Wakeman provides a Software as A Service (SAAS) product which helps entrepreneurs with their online business planning. Today, Launchpad Holding’s services have helped thousands of people create a roadmap to their success. And for Mr. Wakeman, helping future tycoons isn’t just a business, it is a passion.
On his blog, Glen Wakeman helps entrepreneurs with thoughtful advice on how to get more leads, close more sales and avoid pitfalls encountered by most new businesses. In his blog entry entitled, “Company Values Create The Culture,” Mr. Wakeman advises companies to create a set of “10 Commandments” that outlines a company’s values. These commandments should include the expected behaviors of each and every employee (https://www.crunchbase.com/organization/launchpad-holdings-llc). Glen Wakeman also advises that company leaders should revisit these values and commandments each year to ensure the list remains relevant.
In another blog entry entitled, “Build Your Brand By Investing In Your Community,” Mr. Wakeman points out that companies can promote growth by becoming active in their own community. One of the tactics spelled out by Mr. Wakeman is to have company employees reach out to the community via social media. Using Youtube, Facebook, and Twitter, company employees can discover the needs of the community, such as literacy or health. Then the company’s employees can build a program to address the community’s needs. The result of the outreach program could lead to a public relations boost, to the company, at a low cost.
There are few business leaders that are as passionate about helping new businesses as Glen Wakeman. From his Software as a Service company, LaunchPad Holdings LLC., to his regular business advice on his blog, Mr. Wakeman has become an indispensable guru to entrepreneurs around the world.