Nadeem Meghji Steps Down as Global Head of Real Estate at Blackstone
Nadeem Meghji is leaving his role as global head of real estate at Blackstone, less than a year after assuming sole leadership. He will be succeeded by David Levine and Giovanni Cutaia, both long-time executives with over a decade each at the firm. Meghji joined in 2008 and had previously co-led the division before taking full charge following Kathleen McCarthy’s departure last year. Meghji's exit is part of an ongoing trend of senior departures from Blackstone's real estate group, where about twelve managing directors have left over three years. Despite this, the firm maintains a deep talent pool with 45 senior managing directors averaging 14 years at the company. The real estate division manages more than $600 billion in assets and has seen recent stabilization after liquidity challenges. Blackstone's broader asset management business oversees over $1.3 trillion across private equity, infrastructure, and hedge funds. Meghji oversaw a significant expansion of Blackstone’s data center portfolio to $185 billion as of July 2026.
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Topics: Blackstone investment_firm real_estate