People

Kathleen McCarthy

As of October 6, 2026, Kathleen McCarthy Baldwin, professionally known as Kathleen McCarthy, is a former global co-head of Blackstone Real Estate and chair emeritus of The Real Estate Roundtable. The Roundtable announced Owen Thomas as her successor effective July 1, 2026, following her chairmanship from July 1, 2024. That dated notice supersedes stale wording in her individual biography saying she is still serving a three-year chair term. No new commercial employer is established by these records. Public evidence 1 Public evidence 2 Reviewed public evidence.

Also known as: Kathleen McCarthy Baldwin

Updated

Career

McCarthy began her career in Goldman Sachs' mergers and acquisitions group and later worked in its Real Estate Principal Investment Area. At Blackstone, she moved into senior operating roles and became global co-head of real estate in 2018, sharing leadership with Ken Caplan. After Caplan became a global co-chief investment officer in 2024, Nadeem Meghji succeeded him as co-head alongside McCarthy.

Focus

Blackstone Real Estate invests across regions, sectors, and strategies. The firm has described its platform as including opportunistic equity, core-plus property, and debt investments. McCarthy's public work includes communicating Blackstone's views on market conditions and investment priorities, while her former management remit spanned the global real estate business. The 2024 appointment records support her historical co-head role. The dated 2026 Roundtable record identifies her as a former Blackstone co-head; no new commercial employer is established.

Related Pages

  • Investor People Hub
  • National Investor Benchmarks Hub
  • Blackstone
  • Nadeem Meghji

Sources

Reviewed Profile Update — 2026-10-06

Kathleen McCarthy Baldwin, professionally known as Kathleen McCarthy, is a former global co-head of Blackstone Real Estate and chair emeritus of The Real Estate Roundtable. The Roundtable announced Owen Thomas as her successor effective July 1, 2026, following her chairmanship from July 1, 2024. That dated notice supersedes stale wording in her individual biography saying she is still serving a three-year chair term. No new commercial employer is established by these records. Public evidence 1 Public evidence 2 Reviewed public evidence.

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