What Jon Gray's Promotion Means for Blackstone's Future

The transcript discusses leadership changes at Blackstone, with John Gray being elevated to president and CEO alongside Tony James becoming executive vice chairman. The conversation explores the implications of these changes on Blackstone's management structure and the private equity industry. John Gray's career and significant contributions to Blackstone, particularly in real estate, are highlighted, emphasizing his role in major deals and his long-standing presence in the company.

What is the significance of the promotions of Kathleen McCarthy and Ken Kaplan?

What are some of the successful deals that John Gray has been involved in?