Joseph Baratta, Blackstone’s global head of private equity, is in discussions to leave the firm by the end of 2026, Bloomberg first reported. He has spent 28 years at Blackstone and led its signature buyout fund for more than a decade.
Baratta’s potential departure would mark a major leadership transition at the world’s largest alternative asset manager and one of its most critical, foundational business units. It follows other senior executive departures at Blackstone in 2026, signaling broader leadership changes.