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Investing.com -- Blackstone has appointed Katie Keenan as the new CEO of Breit, one of its largest funds targeting individual investors, following the tragic death of former chief Wesley LePatner, according to a report from the Wall Street Journal.
Keenan, 41, will also assume the role of global head of Core+ real estate, overseeing all lower-risk investments within Blackstone’s $325 billion property business.
LePatner, a 43-year-old mother of two, was killed on July 28 when a gunman opened fire in the lobby of Blackstone’s Park Avenue headquarters in New York. The shooter, who was allegedly targeting the National Football League - another tenant in the building - killed four people before taking his own life.
Currently serving as CEO of BXMT, Blackstone’s publicly traded commercial mortgage real-estate investment trust, Keenan has been with the firm since 2012. She also holds the position of co-chief investment officer of Blackstone’s $77 billion real-estate debt business.
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