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Blackstone Names Jon Gray's New #2

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Blackstone Names Jon Gray's New #2

Blackstone has promoted Kenneth Caplan to global chief investment officer of its real estate unit, making him the exectuive second only to Jonathan Gray (above) at the world's largest PE real estate investor. He previously served as head of real estate for Europe and senior-managing director. Caplan, who has been with Blackstone since 1997 and will relocate to New York from London, worked on prominent Blackstone deals including its Hilton Worldwide debt restructuring and $39B Equity Office Properties takeover.