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Bloomberg.com: Fortress Co-CEO's Death Shakes $53 Billion Debt Firm
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Heartspace News Desk
•Source: Bloomberg.com
Photo by Michele Orallo on Unsplash
TL;DR
TL;DR: Drew McKnight and Josh Pack's partnership at Fortress Investment Group spans two decades, predating their co-CEO roles. They were central to establishing Texas as a strategic hub for the $53 billion debt investment firm. Their involvement in a 2023 buyout backed by Mubadala Investment Co. led to their appointment as leaders following an unexpected loss of a leader.
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Key takeaways
- A recent Bloomberg report highlights the strong partnership between Drew McKnight and Josh Pack at Fortress Investment Group, predating their appointments as co-chief executive officers
- The $53 billion debt investment firm is navigating the unexpected loss of one of its leaders
- McKnight and Pack, who collaborated for two decades, were pivotal in establishing Texas as a key strategic hub for Fortress
A recent Bloomberg report highlights the strong partnership between Drew McKnight and Josh Pack at Fortress Investment Group, predating their appointments as co-chief executive officers. The $53 billion debt investment firm is navigating the unexpected loss of one of its leaders. McKnight and Pack, who collaborated for two decades, were pivotal in establishing Texas as a key strategic hub for Fortress. In 2023, they played a crucial role in a buyout backed by Mubadala Investment Co., which ultimately led to their promotion to the firm's top leadership positions.
Related Topics
Fortress Investment Groupleadershipdebt firmJosh PackDrew McKnight
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