From left, Blackstone senior executives Jonathan Gray, Kathleen McCarthy and Kenneth Caplan. Credit: Blackstone
Blackstone Group LP (NYSE: BX) today announced that Jonathan Gray, who built the private-equity firm's property business into the world's largest real estate investor, will succeed Tony James as president and chief operating officer. Two of Gray's top deputies, Kathleen McCarthy and Kenneth Caplan, will co-head the massive global real estate...