# Lou Rassey

> Lou Rassey is co-CEO and managing partner of Chicago-based McNally Capital. A mechanical engineer and third-generation manufacturing professional, he previously worked at Chrysler and a BMW/Chrysler venture in Brazil, was a McKinsey partner, founded Two Roads Group, and co-founded and led Fast Radius. His work connects industrial technology, operations and private equity.

- **Role:** Co-CEO and Managing Partner at McNally Capital
- **Organizations:** McNally Capital, Fast Radius, Two Roads Group, McKinsey & Company, Chrysler, DaimlerChrysler, TRITEC Motors, Dedicated Computing, Foundral, Airforce Turbine Service, Thryve Automation
- **Education:** BS in Mechanical Engineering, University of Notre Dame, MS in Engineering Management, University of Michigan-Dearborn, MBA and MS in Mechanical Engineering; Leaders for Manufacturing Fellow, Massachusetts Institute of Technology
- **Known for:** Named to Crain’s Chicago Tech 50 in July 2019., Led Fast Radius when its Chicago facility with UPS was selected as one of nine inaugural manufacturing Lighthouses in September 2018., Co-authored McKinsey’s 2014 article on next-shoring.

## Career timeline

- **Early career** — Engineering and operations roles at Chrysler, DaimlerChrysler and TRITEC Motors; helped design and launch a factory in Brazil.
- **2003-2015** — McKinsey & Company; became a partner and worked on manufacturing, private equity and industrial innovation.
- **2014** — Co-authored Next-shoring: A CEO’s guide with Katy George and Sree Ramaswamy.
- **2015-2024** — Founder and CEO of Two Roads Group, advising and investing in Industry 4.0 technologies.
- **2016** — Began serving as a McNally Capital industry partner.
- **2017-2023** — Co-founder and CEO of Fast Radius; also served as chairman.
- **2018** — Fast Radius with UPS selected for the initial World Economic Forum manufacturing Lighthouse cohort.
- **2019** — Named to Crain’s Chicago Tech 50.
- **2022** — Fast Radius went public in February and filed for Chapter 11 in November; operating assets sold to a SyBridge affiliate in December.
- **2024** — Appointed McNally Capital co-CEO and managing partner on February 5.

## Achievements

- Named to Crain’s Chicago Tech 50 in July 2019.
- Led Fast Radius when its Chicago facility with UPS was selected as one of nine inaugural manufacturing Lighthouses in September 2018.
- Co-authored McKinsey’s 2014 article on next-shoring.

## Latest updates

- **2026-09** — McNally’s current biography lists board roles at Dedicated Computing, Foundral, Airforce Turbine Service and Thryve Automation; independently reproduced in a September 2026 executive biography.
- **2026-03** — Commented on McNally’s promotions of Brooks Hulett, Rob Kirk, Luther Rice and Mary Pizzo, emphasizing their contributions to the firm and its partnerships.
- **2025-03** — Discussed McNally’s addition of five professionals to portfolio operations and the deal team.

## Links

- Website: https://mcnallycapital.com/team/lou-rassey
- LinkedIn: https://www.linkedin.com/in/lou-rassey-61112bb

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Profile page: https://yespress.io/lou-rassey
Published by YesPress — https://yespress.io
Last updated: 2026-10-10