"Blackstone has tapped another top female executive to run its massive real estate fund, stepping in after the shocking, fatal shooting of its former leader, Wesley LePatner. Katie Keenan will become the CEO of its $105 billion fund for wealthy individual investors, BREIT, and global head of its Core+ real estate. She will succeed LePatner, who was tragically killed this summer by a gunman in the lobby of the firm's Manhattan headquarters at 345 Park. The shooter killed three others before taking his own life."
"Keenan, 41, was previously co-chief investment officer for the firm's real estate debt business and CEO of its publicly traded commercial mortgage real estate trust, Blackstone Mortgage Trust. Tim Johnson, a 14-year firm veteran who heads the firm's real estate debt business and chairs its mortgage trust's board, will take on leadership of the mortgage trust. "Thanks to the dedication of Wesley and many others, BREIT represents some of Blackstone's finest work," Keenan said in a press release announcing the leadership changes."
Katie Keenan will become CEO of Blackstone's $105 billion fund for wealthy individual investors, BREIT, and global head of Core+ real estate. She succeeds Wesley LePatner, who was killed by a gunman in the lobby of Blackstone's Manhattan headquarters; the shooter killed three others before taking his own life. Keenan, 41, previously served as co-chief investment officer for the firm's real estate debt business and as CEO of Blackstone Mortgage Trust. Tim Johnson will lead the mortgage trust. Keenan is a Harvard graduate, has worked at Blackstone for 13 years, helped lead the $23 billion GE real estate acquisition, and appeared on Business Insider's 2017 rising stars list.
Read at Business Insider
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