Since Randal Nardone established Fortress Investment Group, he has been at the limelight of the industry, with people trying to emulate his leadership skills. His skills in leadership have been excellent. He has been very keen on ensuring that the leadership of the company would not be affected by the retirement of the existing leaders. For this reason, Randal Nardone has taken the initiative of training the young members of staff at the Fortress Investment Group to ensure that there is a solid succession plan in place. Every month, the company must hold some rigorous training in leadership skills. This training is meant for all the youthful employees of the company with the aim of ensuring that a succession plan is in place.
Most of the achievements that Fortress Investment Group have made involve Randal in one way or the other. For instance, the acquisition transactions that the company has done would be more complex and difficult to handle without the existence of Randal Nardone. This was because he was the man behind the legal interpretation of the processes and documentation that were necessary for the transactions to be effected. Nardone provided the company with the legal advice concerning the impact and implications of any deal that the management contemplated undertaking. This expertise was founded at the Boston University where Randal pursued his career in law and later graduated with a Juris Degree in the same discipline. He would then practice law extensively at one of the boutique law firms in New York, Thacher Proffitt & Wood. In this law firm, Randal Nardone got the momentum and gained a lot of popularity in the practice of law.
At Thacher Proffitt & Wood, Randal helped the clients in matters relating to corporate governance and the processing of employees’ compensation. Apart from the career work in Fortress Investment Group, Randal Nardone is also a philanthropist. He has been conducting activities that are geared towards raising funds that are used to help the underprivileged families in the society. The kind of assistance that he gives to these families includes funding their children’s education so that they can become dependable individuals in the future.
Robots in the workforce are starting to become a real initiative with one particular lab that stock expert and Banyan Hill editor Paul Mampilly has started looking closely at. He attended a recent investors symposium where he conducted a demonstration that involved the aid of a full-sized robot that he explained would be changing the future of labor. He noted that though these robots have not quite become regulars at all local companies, they are in the middle of a mass production boom right now and soon could flood the market. Mampilly said investors should capitalize on that now by buying ETFs like the Robo Global Robotics & Automation ETF.
Paul Mampilly said once in an interview that he likes being able to share his knowledge because he can give people the kind of perspective they won’t get from most general business and news television shows. He had spent 20 years on Wall Street offering advice and managing accounts for some of the top executives and fortune 500 companies during that time. Mampilly was actually born in India and was given the chance to attain success by completing his bachelor’s degree at Montclair State University and subsequently becoming an account administrator at Banker’s Trust. He also served at Deutsche Bank and ING and then took a high ranking position at Kinetics Asset Management where he grew $6 billion in AUM to $25 billion. Paul Mampilly was noted for winning the Templeton Foundation investment competition in 2009, buying stocks in Facebook, OLED Universal, CEMEX and Sarepta Therapeutics. He also saved his portfolio gains right before the 2000 dot-com crash and also predicted the 2008 housing crisis.
Paul Mampilly grew tired of doing the same thing over and over on Wall Street and not spending more time with his family, so he retired in 2012 and four years later became a contributor for Banyan Hill. His newsletters there have helped many working Americans build up wealth for their future, and he also allows them to see his own portfolio in his videos. You can find out more about Mampilly’s newsletters and his latest investment recommendations by following his Twitter handle @Mampillyguru.
Wes Edens is an American business mogul, with interests in financial services, media, sports, healthcare, transportation, and infrastructure. He is among the founders of Fortress Investment Group, in 1998. He has also worked for Lehman brothers where he specialized in a lending mortgage. He has also worked for BlackRock Financial Management, Inc. among other American corporate giants.
His outstanding leadership skills have seen him succeed in every company he forms or joins. At Fortress, he has been instrumental in re-energizing the financial structure of the company, that enabled it to acquire other companies within two decades. Recently, Softbank Corporation, a Japanese corporate bought Fortress investment group.
Wes Edens studied a bachelor of science finance and business administration at Oregon State University and completed in 1984. That prepared him for a successful career in the finance and investment world. Wes Edens worked in the prestigious financial institution for over ten years and sharpened his management skills in running his own companies. He has been at Fortress investment group since 1998 where he has helped drive the mission of the private equity.
Recently, Wes Edens launched Brightline, one of the most innovative passenger train services company in America. Brightline train has changed the way people commute and transformed the economy. Its estimated that over 50 million people who travel each year, between southern California and Las Vegas stand to benefit. These include opening up economic opportunities for real estate and schools, as well as other environmental benefits to the region. Brightline project was financed through Fortress Investment group. Other Wes’s investments in sports arena included, Bucks Aston Villa, an English Championship side and restored their lost glory, and
Wes Adens is a seasoned philanthropist, where is involved in supporting programs aimed at creating an impact in the community. He has all along supported the nonprofit sector organizations focusing on healthcare and education. Among the groups he supports are Autism Speaks and National Multiple Sclerosis Society.