Deals
Blackstone's Race for $1 Trillion Leans on Ex-Analyst Joan Solotar
- Queens native heads private-equity firm’s wealth effort
- She aims to quadruple Blackstone’s wealth assets in 10 years
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Steve Schwarzman’s Blackstone Group LP is a behemoth in private equity, real estate, credit and hedge fund investing, thanks to its ability to raise cash from giant pension plans and sovereign wealth funds.
But given the firm’s goal of managing $1 trillion in assets by 2026, it’s not enough.