Blackstone Private Equity Head Joseph Baratta Prepares for Departure

Key Facts

Joseph Baratta, Blackstone's global head of private equity, is preparing to leave the firm. The Wall Street Journal reported that Baratta, a long-time leader of the private equity business, is planning his departure from the investment giant.

The move marks the latest in a series of senior executive exits at Blackstone Inc., suggesting a period of leadership transition. Shares of BX closed at $117.21 on September 24, 2026, having traded between a low of $115.28 and a high of $119.43 during that session.