Josh Pack was one of the very first members of our team. Over 23 years, he shared his leadership, investment prowess, and friendship with us, and left an indelible mark on our organization. We will forever be inspired by his unrelenting focus on our franchise, as well as his humor and his devotion to family.

About Josh Pack

Joshua Pack

Former Co-Chief Executive Officer, Board Member & Managing Partner

Mr. Pack was Co-Chief Executive Officer and a Managing Partner based in Dallas. He served on the Board of Directors and the Leadership Committee; was a member of several investment committees; and headed the firm’s Environmental, Social and Governance (ESG) Committee.

For over 27 years, Mr. Pack was an active investor in alternative assets through multiple credit cycles. He joined the Fortress credit business at its inception in 2002, and held leadership and CIO roles in private credit, private equity, real estate debt, net lease, distressed and opportunistic investing. Prior to joining Fortress, Mr. Pack was a Vice President with Wells Fargo & Co. He was previously a Vice President with American Commercial Capital, an independent specialty finance company focused on corporate and real estate lending that was subsequently acquired by Wells Fargo & Co. in 2001.

Mr. Pack attended the United States Air Force Academy and received a B.A. in Economics from California State University, San Marcos.

Our message on Josh’s passing

September 29, 2025 — It is with profound sadness that we shared today with our colleagues and investors the news of the untimely passing of our Co-CEO and Managing Partner, Josh Pack.

We are devastated by this loss. Josh was a gifted investor, a thoughtful strategist, a compassionate leader—and a deeply cherished friend to many. A member of the Fortress family for over 23 years, Josh left an indelible mark on our institution. He cared deeply for his team, and that care was returned in kind.

Most importantly, Josh was a devoted husband and father. We extend our heartfelt condolences to his family and ask that their privacy be respected during this tragic time. We are doing all we can to support the Pack family.

Everyone at Fortress is grieving the loss of one of our most exceptional leaders. Despite our sorrow, our commitment to our investors remains unwavering. We know the best way to honor Josh’s legacy is to continue safeguarding our investors’ capital with the same focus and discipline that has defined Fortress for more than 25 years. We have built a business that is resilient and deep with seasoned talent that will help us to move forward.

Drew McKnight, Co-CEO and Managing Partner, will continue to lead the firm, and Jack Neumark will step into the role of Co-CEO and Managing Partner alongside Drew. In recognition of the importance of experience during times of stress, our Executive Chairman Pete Briger will deepen his engagement with the firm and its operations for the immediate future. Pete’s seasoned leadership and deep familiarity with our team, investments, and culture will be invaluable as we move forward.

We are deeply grateful for the support of our investors and partners during this difficult time. Please join us in keeping the Pack family in your thoughts and prayers.