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Fortress Co-CEO Josh Pack Dies at 51

Josh Pack led Fortress Investment Group's credit funds and private equity units for over two decades and helped grow assets to $53 billion, the firm said.

  • On Monday, Fortress Investment Group announced Josh Pack, co-chief executive and managing partner of Fortress Investment Group, has died, informing colleagues and investors.
  • Pack joined Fortress Investment Group at the start of its credit funds business and helped steer the firm through its 2007 IPO, SoftBank Group Corp.'s take-private, and last year’s Mubadala Investment Co. stake sale.
  • Recently, he re-located to London from Fortress's Dallas co-headquarters to spearhead European expansion and told Bloomberg News it involved hiring senior executives and expanding private credit operations.
  • Drew McKnight will continue leading while Jack Neumark is elevated to co-chief executive and managing partner, and Pete Briger will deepen his engagement with the firm.
  • The firm expressed condolences and asked for privacy while Fortress staff and leadership grieve Pack, describing him as a gifted investor and pledging support for the Pack family; it did not state a cause of death.
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Bloomberg broke the news in United States on Tuesday, September 30, 2025.
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