Ken Caplan, current global co-head of real estate at Blackstone, and Lionel Assant, European head of private equity at the firm, have been elevated to newly created roles as global co-CIOs of Blackstone.
Nadeem Meghji, head of real estate Americas, will succeed Caplan as global co-head of real estate alongside current global co-head, Kathleen McCarthy.
Assant joined Blackstone in 2003 and has run the firm’s European private equity business based in London since 2012. He will continue to serve in that capacity and, as co-CIO of Blackstone, work in conjunction with the business unit CIOs and group heads to provide additional firm-level investment oversight across the firms private equity complex, including the firm’s corporate private equity, infrastructure, tactical opportunities, growth and life sciences businesses.
Caplan joined Blackstone in 1997, led the firm’s European real estate business from 2012 to 2015, served as real estate CIO from 2015 to 2017,