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Blackstone PE chief to leave firm after 28 years

privateequitywire

12 hours ago

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Joe Baratta, one of Blackstone’s longest-serving senior executives and a key figure in the firm’s private equity business, is set to leave the alternative asset manager by the end of the year after 28 years with the firm, according to a report by Bloomberg.
Blackstone confirmed Baratta’s departure in an internal memo to employees, adding that his current position as global head of private equity strategies will not be filled.
Chief executive Steve Schwarzman and president Jon Gray said Baratta h...

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