Prior to his start at Fortress, Randal Nardone received his undergraduate degreeYour text to link… in science from the University of Connecticut. In addition to this, he received a J.D. at the Boston University of Law. He held a position as a managing director for UBS, principal of BlackRock Financial Management as well as being a partner and member of the executive committee at the law firm of Thatcher Proffitt & Wood. In 1998, he was named the co-founder and principal of Fortress. Randal Nardone is the principal and director of Fortress Credit Corporation on top of being the president and chairman of Springleaf Financial Holdings LLC. In 2006, Randal Nardone was named the co-founder, principal and director of Fortress Investment Group LLC as well as the director of Eurocastle Investment Limited. In 2007, he was named the non-executive director of Alea Group Holdings Bermuda Limited and he was also on the Forbes World’s Billionaires List being worth $1.8 billion. In 2008, he was named the director of Florida East Coast Holdings Corp. In 2010, Randal Nardone was named the director of Springleaf Finance Incorporated. In 2011, he was named the director of Springleaf REIT Incorporated. He was named the interim Chief Executive Officer from 2011 all the way to 2013. In 2013, he was named the Chief Executive Officer of Fortress Investment Group LLC. He holds a position as the president of NCS 1 LLC and he also holds a position as Vice President and Secretary of Newcastle Investment Holdings LLC. He held a position as director of Fortress Transportation and Infrastructure Investors LLC until 2015. Softbank attained Fortress for $3.3 billion in order to have a better hold on the private-equity aspect of the business world. Mr. Nardone was glad to do business with Softbank as he saw it as an opportunity to expand the company’s brand and reach more potential clients.