It’s been a busy year for Blackstone Growth’s team, which is led by the private-equity firm’s global co-head of technology investments Jon Korngold. The growth unit in November acquired iconic womenswear brand Spanx Inc. And just before the Christmas holiday, the unit announced it is taking a majority stake in skin care brand Supergoop! Mr. Korngold spoke to WSJ Pro Private Equity about the continued digitization of the global economy, “a blind euphoria” among investors in certain tech sectors and how inflation and the new Omicron variant could affect investors in the year ahead. Here are a few edited excerpts.
WSJ Pro: What most surprised you about 2021?
Mr. Korngold: I think you’re seeing a digitization of the economy coming out of the Covid-19 pandemic. In many ways we leapfrogged five to 10 years. People are ordering groceries online, visiting doctors using…
