Randal Nardone: The Powerhouse Behind Fortress Investment Group

Randal Nardone: The Powerhouse Behind Fortress Investment Group

Randal Alan Nardone, popularly known as Randy, J.D., is one of the co-founders of Fortress Investment Group LLC that came into being in 1998. Since inception two decades ago, Randal has served as a Principal and since 2013, he was appointed the Chief Executive Officer, a position he holds up to date. He was appointed to the company’s Board of Directors in 2006.

Prior to starting Fortress, Randal Nardone had gained considerable experience in the world of finance and he was eager to incorporate solutions to help his new venture flourish. He was the MD of UBS and a principal at BlackRock Financial Management, Inc.

Nardone’s reputation as a seasoned financialist precedes him everywhere he goes and his employees thrive under his leadership. Numerous companies have hired him to improve their financial situation and stay afloat amidst economic upheavals. Over the years, he and fellow finance guru Wes Edens have served big-name clients at Fortress Investment Group and of course, pulled big paychecks. Forbes ranked Randal Nardone as the 557th billionaire with a net worth of $1.8 billion which is an incredible feat.

Interestingly, Randal Nardone did not set out to work in finance. He was more inclined to the legal field and even obtained a law degree and masters from Boston University School of Law and the University of Connecticut respectively. He was a partner at Thacher Proffitt & Wood, a law firm, where he also served on the executive committee. Not before long, Randal came to a conclusion that legal and finance matters are interlinked and he subsequently changed his focus to corporate finance.

In 2017, Japan’s Softbank Corporation Group based acquired Fortress at a price of $3.3 billion with the goal of expanding its global footprint. This move was initiated and executed by SoftBank Vision Fund which is positioning itself to pioneer the next level of Information Revolution. Currently, Fortress Investment Group’s operations include Private Equity, Credit, and Permanent Capital Vehicles. In this new arrangement, Fortress operates independently within Softbank’s base in New York City. More so, the founding members; Wes Edens, Randy Nardone, and Peter Briger will continue their respective roles at Fortress.  Fortress Three Top Executives Split $44 Million Bonuses In 2015

 

Malcolm CaSelle turns ordinary companies into mega-successes quickly

Malcolm CaSelle is the CIO of OPSkins, the number one bitcoin merchant in the world. OPSkins, through Mr. CaSelle’s astute leadership, has emerged to become the world leader in sales of in-game virtual assets. The people that created OPSkins have ventured forward by launching WAX (World Asset eXchange).

Solving fraud and fragmentation, two of the biggest problems in virtual asset markets, the platform WAX has implemented enables participants to tokenize their gaming assets. They can at this point buy and sell gaming assets instantaneously from other players, never having to exit their screen. WAX utilizes a simple blockchain-enabled widget which allows users to purchase assets from one another without difficulties. Currently, WAX token in pioneering blockchain in its application to eSports.

Mr. CaSelle brings an extremely impressive resume to his company, a resume which includes Computer Science degrees from two very prominent educational institutions. He earned a bachelor’s degree from Massachusetts Institute of Technology (MIT) and followed that up with earning a master’s degree from Stanford University.

Malcolm Casselle

Prior to his entrepreneurial duties as CIO of OPSkins and the President of WAX, Mr. CaSelle (who also speaks Chinese and Mandarin) served as President and CTO of New Ventures at tronc, Inc. He held these posts after coming from SeaChange International, serving there as Senior Vice President and General Manager of Digital Media. At the time of him taking those positions, he was CEO of Timeline Labs when they were acquired by SeaChange International.

Among his many significant achievements, Mr. CaSelle co-founded PCCW, which in 18 months went from startup to $38 billion market cap. He ran the largest P&L for Groupon China, of which he was responsible for Eastern China. Here, going from zero headcount to several thousand in less than one year, they grew to a value of $500 million at the IPO in less than one year.

 

Jason Hope – The Hope for a Better World

Jason Hope is a pretty big deal when it comes to his philanthropist efforts throughout Maricopa County, Arizona and beyond. High school and college students are absolutely grateful to have such a supporter in the area as many of these students’ tech ideas are supported by grants developed by Jason Hope, ranging from $500 – $5000 per student. In addition, Mr. hope has donated $500,000 to the SENS non-profit organization to support its efforts in finding preventives to diseases that causes negative aging factors.

Jason Hope is an entrepreneur who is quite savvy within the tech world. He runs a successful company that develops apps, desktop software and gaming. When he is not conducting business in such regard, large parts of his time is allocated towards assisting SENS efforts in finding aging slowing solutions. This process is partly responsible to his participation in meetings with some of the world’s most prestigious medical professionals. Mr. Hope is frequent on his supportive input geared towards “The Internet of Things” as it relates to how it is currently shaping our lives. His philanthropist efforts over the years has been a responsible addition to the findings of disease cures, biotechnology solutions and scientific research studies. He holds a MBA from W.P. Carey School of Business and an accounting degree from the University of Arizona. Jason Hope’s Hard Line Stance on the Internet of Things

What SENS hopes to accomplish is the development of regenerative medicines for slowing the aging process,of course, but as it relates to diseases such as Parkinson’s, Alzheimer’s, arthritis, heart disease, lung disease, etc. Currently, SENS is working on a medicine for Arteriosclerosis, a disease that hardens the arteries mainly found in the elderly. Mr. Hope’s $500,000 is the funding behind this pursuit. Understanding the Internet-of-Things Revolution: A quick guide for thriving in the IoT era

Mr. Hope believes that SENS has the right approach, attitude, knowledge and proficiency to cure aging and eventually allow humanity to live forever. As constant meetings are held to find the best options for disease medicines amongst the most skillful medical professionals in the world, funding is an issues for SENS. Although they have the right ideas, the money isn’t coming in fast enough for many of their medicine needs, but Mr. Hope is confident that SENS will get all of the adequate funding they need, especially when more of the world understands how valuable SENS is to the globe. Living forever is the end goal, but until then, slowing the aging process will suffice for the time being. Jason Hope Pledges $500,000

As Mr. Hope has hope for our future technology minds to guide our economy to a place of complete satisfaction abroad, he donates $500,000 to SENS in support of slowing down the aging process. Jason Hope is constantly in development of a way to better our world. Scottsdale Philanthropist Jason Hope Helps Pioneering Nonprofit Fight Aging

 

 

Glen Wakeman, CEO With Answers

Glen Wakeman has had a truly outstanding career spanning over 20 years. Glen’s current title is CEO of LaunchPad Holdings LLC (http://www.glenwakeman.com/about-glen-wakeman/). LaunchPad Holdings is a software service that creates an environment where entrepreneurs can implement their ideas into tangible plans while leveraging the experience and expertise of other entrepreneurs.

Glen began his extraordinary professional career by earning his Bachelors of Science in Economics from the University of Scranton in 1981. He later went on to receive his MBA in 1993 from the University of Chicago and is currently a Six Sigma Black Belt.

Glen’s professional career has yielded him invaluable experience, which makes him an industry leader and referred to as a secret weapon for up and coming entrepreneurs who consult his expertise. Glen Wakeman had a successful career at GE Capital for more than 20 years. While at GE Glen was the General Director of GE, Global Insurance Ventures in the United Kingdom, where he successfully implemented strategies for businesses resulting in growth of $8 million. Glen eventually worked his way up to more and more demanding and complex positions requiring innovative and effective leadership. Glen became CEO of GE Money Latin America. During his tenor in Latin America Glen generated more than $12 billion in revenue while employing 17,000 people encompassing nine countries.

Glen has developed his Five Key Dimensions of Performance. This methodology is unique in that it can be applied to multiple industries. Glen has been able to strip down and focus on these 5 areas that are paramount in any field: Preparing the company to make changes through Leadership, Guiding visions and strategies and formulating a tactic to implement (Human Capital), The successful integration of people, technology and processes (Execution), Risk Management and Governance. These practice and effective methods has a proven track record of success evident both by Glen highly successful career and his ability to take business to the next level.