Story perspectives

Blackstone Appoints Michele Raba to Boost European Equity

10/27/2025

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Summary

Story summary

Blackstone appointed Michele Raba, a former executive at Apollo, to lead its European corporate private equity business, effective April 2026.
This appointment follows Lionel Assant's promotion to Global co-Chief Investment Officer.
Blackstone manages over $350 billion in Europe and aims to increase this to over $500 billion in the next decade.
Joseph Baratta, Global Head of Private Equity Strategies, highlighted Europe's significance in their growth strategy.
Blackstone's total assets under management reached $1.24 trillion, reflecting a trend of rising private equity investment in Europe.

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Story summary

Blackstone appointed Michele Raba, a former executive at Apollo, to lead its European corporate private equity business, effective April 2026.
This appointment follows Lionel Assant's promotion to Global co-Chief Investment Officer.
Blackstone manages over $350 billion in Europe and aims to increase this to over $500 billion in the next decade.
Joseph Baratta, Global Head of Private Equity Strategies, highlighted Europe's significance in their growth strategy.
Blackstone's total assets under management reached $1.24 trillion, reflecting a trend of rising private equity investment in Europe.