Kathleen McCarthy, the global co-head of
Blackstone One of the things that brought Blackstone colleagues together last year was volunteer work with City Harvest, where McCarthy is a board member. She helped connect the food-rescue pantry with employees and residents of a large Blackstone-owned New York City apartment complex to distribute food around the neighborhood.
The 42-year-old executive, who makes her second appearance on the Barron’s list, oversees one of the world’s biggest private real estate portfolios, with $187 billion of investor capital at work in warehouses, biotech laboratories, apartment buildings, and other properties. 100 Most Influential Women in U.S. Finance
“We always had a highly connected and communicative culture, and this is true globally,” she tells Barron’s, and the virtual work of the past year emphasized that connectedness. “But it also shows that we really want to be together.” Real Estate, says the past year has driven home the message that communication is everything, even if you don’t have all the answers.
“I have always found it important to bring my whole self to work,” meaning life, family, and work intermingle, McCarthy says. “I hope that kind of openness, and people feeling comfortable doing that, is something we’ve gained.” Her Blackstone colleagues saw a need in the community, McCarthy says, and got together to help. They also connected with each other virtually, doing everything from cooking demonstrations to exercise challenges and musical performances.
Source www.barrons.com Write to Liz Moyer at Liz.Moyer@barrons.com
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