Joe Baratta to Join Blackstone’s Board of Directors
February 26 2020 - 8:15AM
Business Wire
Blackstone (NYSE:BX) today announced that Joe Baratta, the
firm’s Global Head of Private Equity, will join its board of
directors.
Mr. Baratta has been with Blackstone for 22 years, including
overseeing its corporate private equity business since 2012. Under
his leadership, the private equity business has expanded
significantly to include dedicated strategies focused on core
private equity, energy, Asia, and life sciences. Mr. Baratta has
also served as a member of the firm’s Management Committee for the
last eight years and sits on many of Blackstone’s investment
committees.
Commenting on the appointment, Stephen A. Schwarzman, Blackstone
Chairman, CEO and Co-Founder, said: “Joe is a home-grown talent who
epitomizes the core qualities that have made our firm successful.
His judgment, integrity, investment expertise, and deep
understanding of our industry and company will be an asset to the
board, and we look forward to his contributions in this new
capacity.”
Jon Gray, Blackstone President and COO, said: “Joe has been an
outstanding leader of our world-class private equity franchise. His
commitment to our people and our investors is extraordinary. He is
a fantastic addition to our board and we’re grateful that he’ll
bring his insights to this additional role.”
Mr. Baratta joined Blackstone in 1998 and in 2001 he moved to
London as Blackstone was setting up its corporate private equity
business in Europe. In 2012, he returned to New York and became
Blackstone’s Global Head of Private Equity. Mr. Baratta is a member
of the Board of Trustees of Georgetown University; is a trustee of
the Tate Foundation; serves on the board of Year Up, an
organization focused on youth employment; and serves on the Board
of Trustees of Trinity School in New York City. He graduated magna
cum laude from Georgetown University.
About Blackstone
Blackstone is one of the world’s leading investment firms. We
seek to create positive economic impact and long-term value for our
investors, the companies we invest in, and the communities in which
we work. We do this by using extraordinary people and flexible
capital to help companies solve problems. Our asset management
businesses, with $571 billion in assets under management, include
investment vehicles focused on private equity, real estate, public
debt and equity, growth equity, opportunistic, non-investment grade
credit, real assets and secondary funds, all on a global basis.
Further information is available at www.blackstone.com. Follow
Blackstone on Twitter @Blackstone.
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version on businesswire.com: https://www.businesswire.com/news/home/20200226005490/en/
Matt Anderson +1-212-390-2472
matthew.anderson@blackstone.com
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