Blackstone Director Joseph Baratta to Step Down Dec. 31, 2026

Bitget2026/10/15 20:13

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Blackstone director Joseph Baratta notified the board on October 9, 2026, of his resignation effective December 31, 2026.
The departure is part of his planned retirement. The board will shrink from eight members to seven on the effective date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-422888), on October 15, 2026, and is solely responsible for the information contained therein.

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BlackRock recorded net inflows of $205 billions in the third quarter, with revenue rising 19% year-on-year to $7.75 billions. The flagship iShares ETF attracted more than $135 billions, while net inflows for private credit increased by $5 billions quarter-on-quarter. CEO Larry Fink stated that the company is entering the fourth quarter with accelerating momentum and solid reserves in the private market and pension fund businesses. However, Moody's warned that risks are still accumulating in the private credit market under the high interest rate environment.

华尔街见闻•2026/10/16 02:37