
In today’s edition: more money for AI, a new CEO, and remembrances of a star executive gone too soon.
– Senseless loss. Tragedy struck in midtown Manhattan on Monday, when a gunman entered 345 Park Avenue. Four people were killed—and one of them was Wesley LePatner, one of the highest-ranking women at Blackstone.
At just 43, LePatner had risen to become global head of Core+ real estate and CEO of the $70 billion Blackstone Real Estate Investment Trust, a role she took on this past January after serving as COO. A Goldman Sachs alum who worked in the firm’s real estate investment group, she joined Blackstone in 2014.