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How a New York private equity giant became Boston’s biggest commercial landlord and biotech investor Jon Chesto © David L. Ryan/Globe Staff Blackstone recently put local executive Nick Galakatos, who runs Blackstone Life Sciences out of Cambridge, on BioMed’s board of directors. The biggest private-equity firm in the world has been pouring money into Boston by the billions, buying up prime real estate and investing in promising biotechs. Blackstone Group said it now owns more than $12 billion worth of real estate in the area, making it the largest commercial landlord in the region by its own estimate. The New York-based firm also has chosen Cambridge as home for its $4.6 billion life sciences investment fund, the biggest of its kind.

United statesSan diegoUnited kingdomAl iskandariyahAlan goldKendall squareDavidl ryanNick galakatosTim schoenJon grayRobert coughlinKathleen mccarthyJohn maraganoreJohn hancockBiomed realtyBoston properties