The firm tapped Marc Rowan earlier this year to succeed Leon Black as chief executive. Harris has since given up day-to-day handling of operations and has been less involved in deals, Bloomberg News reported last month.
“It is time for me to start the next chapter of my career, where I will focus full time on the platforms I’ve created outside of the firm,” Harris, 56, said in the statement. His outside interests include his stakes in the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils as well as the family office that manages his estimated $6.6 billion fortune.
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