Blackstone’s Joseph Baratta to Exit by Year-End, Exploring Public Service Role
Joseph Baratta, Blackstone’s top private equity executive, is preparing to leave the firm by the end of 2026 to potentially pursue a career in government. He will not be replaced; the division will be led by existing heads like Martin Brand. The move follows a wave of recent executive departures and occurs amid muted fund performance and a surge in public listings.