Blackstone Promotes Baratta; Brand Steps Up at Flagship Fund
- Joe Baratta to oversee more PE teams at the $1.1 trillion firm
- Under President Jon Gray, firm is centralizing decision-making
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Blackstone Inc. is elevating two key executives at its private equity arm.
Joe Baratta, the longtime face of Blackstone’s signature buyout fund, will oversee private equity strategies worldwide at the $1.1 trillion investment manager.