Published by Global Banking & Finance Review®
Posted on November 14, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleBlackstone appoints Franck Petitgas as Vice Chairman for Europe to boost strategic initiatives. Petitgas brings extensive experience from Morgan Stanley.
(Reuters) -Blackstone appointed Franck Petitgas as a senior managing director and vice chairman of Europe, it said on Friday, to strengthen strategic initiatives and client engagement in the region.
Petitgas, who will take up the newly created role in January, joins Blackstone after 30 years at Morgan Stanley, where he held several roles including head of Morgan Stanley International and co-head of the firm's Global Investment Banking, Blackstone said in a statement.
Following his retirement from Morgan Stanley in 2023, Petitgas was named chief business adviser by former British Prime Minister Rishi Sunak, and in the following year, he was appointed to the House of Lords.
Blackstone currently sees opportunities to invest over $500 billion in European assets over the next decade.
(Reporting by Rishab Shaju in Bengaluru; Editing by Harikrishnan Nair)
A vice chairman is a senior executive who assists the chairman in overseeing the operations of an organization and may step in during the chairman's absence.
Investment opportunities refer to potential avenues for investing capital in various assets, such as stocks, real estate, or businesses, with the aim of generating returns.
Client engagement refers to the interactions and relationships that a company builds with its clients to enhance satisfaction and loyalty.
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