Blackstone Group IncBX
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Global head of real estate stepping down amid senior departures may signal instability and leadership risk.
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Blackstone Group IncNadeem Meghji is stepping down as global head of real estate at Blackstone, less than a year after taking sole charge, and will be replaced by co-heads David Levine and Giovanni Cutaia. Meghji, who joined Blackstone in 2008 and became sole global head in 2025 after Kathleen McCarthy's departure, is leaving to spend more time with his family. His exit is part of a broader pattern of senior departures, with roughly twelve senior managing directors having left the real estate group over the past three years. Blackstone's real estate portfolio is valued at more than $600 billion, and under Meghji's leadership, the firm built its data center strategy into a portfolio worth $185 billion as of July 2026.
Blackstone Group IncGlobal head of real estate stepping down amid senior departures may signal instability and leadership risk.