Joseph Baratta

Last updated

Joseph Baratta
Born
Alma mater Georgetown University
OccupationGlobal Head of Private Equity at The Blackstone Group

Joseph Baratta is an American businessman who is Global Head of Private Equity at the asset management firm Blackstone. [1]

Contents

Early life

Born in Sacramento, California, Baratta graduated from Jesuit High School in the Sacramento area in 1989, then Georgetown University, from which he graduated magna cum laude in 1993.

Career

Baratta joined Blackstone in 1998. He moved to London in 2001 to establish Blackstone’s private equity business in Europe. In 2004 he became a Senior Managing Director of the firm and Head of European Private Equity in 2010. In July 2012 he was named the Global Head of Private Equity. [2]

He has led some of Blackstone’s most successful investments like SeaWorld Parks and Entertainment, Merlin Entertainments (the owner of the Legoland theme parks, the London Eye, Madame Tussauds and many other well known visitor attractions), Center Parcs and Southern Cross. Before joining Blackstone, Baratta worked for investment firms Tinicum Incorporated and McCown De Leeuw & Company. He also worked in the mergers and acquisitions department at Morgan Stanley.

In 2012, Baratta was listed in Forbes “Top 50 Dealmakers” list. [3] [4]

Baratta is a Director of Ancestry, Merlin Entertainments and SESAC. He has previously served as a member or observer on the boards of ICS Group, Tragus Group, Center Parcs, Universal Orlando, Nycomed Holding ApS, Spirit Group, Southern Cross, and Refinitiv. [5]

He is on the Advisory Board of the McDonough School of Business. He also sits on the Board of Directors at Georgetown University, his alma mater. [6]

Philanthropy

Baratta is on the board of Year Up, an organization committed to closing the opportunity divide by ensuring that young adults gain the skills, experiences, and support that will empower them to reach their potential through careers and higher education. [7]

Related Research Articles

<span class="mw-page-title-main">Blackstone Inc.</span> American alternative investment company

Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than US$1 trillion in total assets under management, making it the largest alternative investment firm globally.

<span class="mw-page-title-main">Providence Equity</span> American global private equity investment firm

Providence Equity Partners L.L.C. is a specialist private equity investment firm focused on media, communications, education, and technology investments across North America and Europe. The firm specializes in growth-oriented private equity investments and has invested in more than 170 companies globally since its inception in 1989.

<span class="mw-page-title-main">Dubai International Capital</span> International investment arm of Dubai Holding

Dubai International Capital (DIC) is the international investment arm of Dubai Holding, a global conglomerate and sovereign wealth fund of the government of Dubai and its ruling family. DIC invests private funds on behalf of Dubai Holding and several large third-party investors around the world with a mandate to build a portfolio of internationally diversified assets.

Ronald Wayne Burkle is an American businessman. He is the co-founder and managing partner of The Yucaipa Companies, LLC, a private investment firm that specializes in U.S. companies in the distribution, logistics, food, retail, consumer, hospitality, entertainment, sports, and light industrial sectors.

<span class="mw-page-title-main">Merlin Entertainments</span> British leisure company that famously owned Alton Towers

Merlin Entertainments Limited is a British entertainment company based at Poole in Dorset, England, which operates a number of theme parks and other tourist attractions. It was listed on the London Stock Exchange until November 2019, when it was acquired by a consortium that includes Kirkbi A/S.

Michael David Grimes is a Managing Director and Head of Global Technology Investment Banking at Morgan Stanley.

<span class="mw-page-title-main">Advent International</span> Global private equity firm

Advent International Corporation is an American global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core sectors.

<span class="mw-page-title-main">Glenn Hutchins</span> American businessman and investor (born 1955)

Glenn Hogan Hutchins is an American businessman and investor. He is a private equity investor focused on the technology sector, chairman and co-founder of North Island, and co-founder of Silver Lake Partners.

<span class="mw-page-title-main">Jim Breyer</span> American venture capitalist (born 1961)

James W. Breyer is an American venture capitalist, founder and chief executive officer of Breyer Capital, an investment and venture philanthropy firm, and a former managing partner at Accel Partners, a venture capital firm. Breyer has invested in over 40 companies that have gone public or completed a merger, with some of these investments, including Facebook, earning over 100 times cost and many others over 25 times cost. On the Forbes 2021 list of the 400 richest Americans, he was ranked #389, with a net worth of US$2.9 billion.

Henry R. Silverman is an American entrepreneur and private equity investor. Silverman is best known for his role in building Cendant Corporation into a multibillion-dollar business services company that provided car rentals, travel reservation services as well as real estate brokerage services and was also the largest franchisor of hotels globally.

Sir Nicholas John Varney is a British businessman who was the chief executive officer of attractions operator Merlin Entertainments. He held this position from 1999 until 2022.

<span class="mw-page-title-main">Jonathan M. Nelson</span> American businessman and investor (born 1956)

Jonathan Milton Nelson is an American billionaire businessman. He is the founder of Providence Equity Partners, a global private equity firm based in Providence, Rhode Island, which manages funds with over US$45 billion in commitments. As of September 2023, Nelson's net worth is estimated by Forbes at $3.4 billion.

<span class="mw-page-title-main">John J. Studzinski</span> American-British investment banker and philanthropist

John Joseph Paul Studzinski, CBE is an American-British investment banker and philanthropist. Since September 2018 he has been Managing Director and Vice Chairman of the global investment-management firm PIMCO.

Jonathan D. Gray is an American billionaire businessman who is the president and chief operating officer of Blackstone Group, a New York–based asset management firm. He is also the chairman of Hilton Worldwide.

David Scott Blitzer is an American investor and sports team owner. He is a senior executive at the private equity firm Blackstone and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils. Blitzer also manages several association football clubs under Global Football Holdings, owns 25% of the MLB's Cleveland Guardians, and is a limited partner of the NFL's Washington Commanders, making him the first person to own team equity in the five major sports leagues of North America.

Antony P. Ressler is an American billionaire businessman. He co-founded the private equity firms Apollo Global Management in 1990, and Ares Management in 1997. As of May 2024, his net worth was estimated by Forbes at $11.3 billion.

Hamilton Evans "Tony" James is an American billionaire investment banker. He is the former president, chief operating officer, and executive vice chairman of Blackstone, a New York–based global asset management firm. James has been chairman of the multinational retail chain Costco since August 2017. Since 2021, he has been co-chair of the board of trustees of the Metropolitan Museum of Art in New York.

Stephen Mark Peel is a British businessman, private equity investor and Olympic athlete.

<span class="mw-page-title-main">PJT Partners</span> Global advisory-focused investment bank

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses. The firm was founded by Paul J Taubman after his 30-year tenure at Morgan Stanley, where he served as Global Head of Mergers and Acquisitions, Global Head of Investment Banking and until the end of 2012, Co-President of the Institutional Securities Group, which included Investment Banking as well as Sales and Trading.

Martin J. Geller is an American businessman and founder of Geller & Company. He is also a limited partner of Harris Blitzer Sports & Entertainment, which owns the Philadelphia 76ers and New Jersey Devils.

References

  1. "Our People". The Blackstone Group. Retrieved September 8, 2015.
  2. de la Merced, Michael J. (July 18, 2012). "Blackstone Names Baratta as Global Private Equity Head". The New York Times . Retrieved December 14, 2014.
  3. Fisher, Daniel (October 3, 2012). "The Top 50 Dealmakers". Forbes .
  4. Fisher, Daniel (October 3, 2012). "Joseph Baratta - In Photos: Private Equity". Forbes . Archived from the original on March 7, 2016.
  5. "Our People". The Blackstone Group. Retrieved July 1, 2021.
  6. "Our People". The Blackstone Group. Retrieved July 1, 2021.
  7. "Our People". The Blackstone Group. Retrieved July 1, 2021.