Blackstone Real Estate co-head Kathleen McCarthy to depart after 15 years 

by The Real Deal

One of the most powerful figures in global real estate investing is leaving the building.  Blackstone’s Kathleen McCarthy, who helped grow the firm’s property arm into a $320 billion behemoth, will depart by year’s end after 15 years with the company, Bisnow reported. McCarthy, 47, has served since 2018 as global co-head of Blackstone Real Estate — the world’s largest private property investor — and will step down to “explore new opportunities,” the company said. Her co-lead, Nadeem Meghji, 45, will take over as sole head of the business. McCarthy joined the firm in 2008 from Goldman Sachs. Since then, […] This article originally appeared on The Real Deal. Click here to read the full story.
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