Blackstone Executive to Retire From Board on Dec. 31
By Connor Hart
Blackstone's top private-equity executive Joseph Baratta will step down from the investment firm's board of directors at the end of this year.
In connection with Baratta's planned retirement, the size of Blackstone's board will be reduced to seven members from eight, according to a filing with the Securities and Exchange Commission on Thursday.
The Wall Street Journal reported last month that Baratta was preparing to leave the firm, though the timing of his departure hadn't been determined at that time.
Baratta has been with Blackstone for nearly three decades. The global head of private equity since 2012, he is one of the firm's most senior executives. Under his leadership, Blackstone's private-equity business grew to $454 billion in assets under management as of June from roughly $50 billion.
Baratta's retirement is the latest in a series of departures by senior leaders from Blackstone. Earlier in September, the Journal reported that Nadeem Meghji, global head of real estate, was leaving the firm.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
October 15, 2026 17:42 ET (21:42 GMT)
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