Easing Mideast Tensions Could Boost Private Equity Dealmaking, Baratta Says
An easing of hostilities in the Middle East may create conditions that bolster private equity dealmaking through the rest of the year, according to Blackstone Inc.’s Joe Baratta.
The Blackstone headquarters in in New York, US, on Wednesday, July 17, 2024. Blackstone Inc.'s real estate arm weighed on the investment giant’s second-quarter results, as high interest rates crimped property valuations and investors pumped less money into the business. Photographer: Michael Nagle/Bloomberg