Aug 27, 2026 · 51 min · 15 segments
Jon Gray, chief operating officer of the $1.3 trillion asset manager Blackstone, says one of the firm’s distinguishing habits is to “go big” when it finds a theme it believes in. But he also says…
Jon GrayGuest
Andrew Edgecliffe-JohnsonHost
Penny PritzkerHost
Today, the hardest part of investing is to know what are professional services gonna be worth? What is a billable hour? W- what's gonna happen in information services? What's gonna happen in the media business? What's gonna happen in the software business? These are much harder questions because now we're talking about secular changes, where in some cases some of these businesses will thrive but others will get knocked out.
Understanding that, anticipating it, pricing that, that is what we're facing every day, and that's what we're trying to navigate for our investors.
Today, on The CEO Signal, we're talking to Jon Gray, president and chief operating officer of Blackstone.
Blackstone is one of the world's largest alternative asset managers and one of the most powerful voices in private capital.
He's also been central to the firm's rise from a deal maker to a global investment platform.
Now, Blackstone is making huge bets in private credit, in logistics, in life sciences, and in the infrastructure behind artificial intelligence.
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Today, the hardest part of investing is to know what are professional services gonna be worth? What is a billable hour? W- what's gonna happen in information services? What's gonna happen in the media business? What's gonna happen in the software business? These are much harder questions because now we're talking about secular changes, where in some cases some of these businesses will thrive but others will get knocked out.
Understanding that, anticipating it, pricing that, that is what we're facing every day, and that's what we're trying to navigate for our investors.
Today, on The CEO Signal, we're talking to Jon Gray, president and chief operating officer of Blackstone.
Blackstone is one of the world's largest alternative asset managers and one of the most powerful voices in private capital.
He's also been central to the firm's rise from a deal maker to a global investment platform.
Now, Blackstone is making huge bets in private credit, in logistics, in life sciences, and in the infrastructure behind artificial intelligence.
