Michael Nierenberg is currently the chairman and CEO of New Residential Investment Corporation which is part of the Fortress Investment Group. New Residential Investment Corp provides capital and services to the financial and mortgage service industries. The company is publicly traded and features a strong history of performance and a well-diversified portfolio. Visit Newresi.com to know more about Michael Nierenebrg.
The Fortress Investment Group was founded in 1998 as a private equity firm, and one of the first of its kind in the United States to be traded publicly. It is a highly successful company with global investments of over 40.9 billion dollars. They specialize in asset-based investing.
Michael has enjoyed a long career in finance with several prestigious investment firms in New York. Before his position at the New Residential Investment Corp., he worked as managing director at Bank of America Merrill Lynch and was a member of the management committee at JP Morgan.
Michael Nierenberg also held several senior leadership positions at Bear Stearns and Lehman Brothers where he was instrumental in managing their mortgage business interests. Read more at Reuters about Michael Nierenebrg.