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Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "Petros", or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word, respectively) means "stone" or ...
Hamilton Evans "Tony" James (born February 3, 1951) is an American billionaire investment banker. He is the former president, chief operating officer, and executive vice chairman of Blackstone, a New York–based global asset management firm. [1]
He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was chairman of former President Donald Trump's Strategic and Policy Forum. [1] According to Forbes, Schwarzman has a net worth of $53.3 billion as of November 2024. [2]
The conceit of this holiday season is fake news station "BX TV News" prompting Jon Gray to search for Blackstone's secret sauce. (It was a roundabout way for the firm to tout its plan to hit $1 ...
Stephen Schwarzman, CEO of the Blackstone Group, has serious concerns about whether the U.S. economy can handle another term under President Joe Biden.
Bloomberg reported on Wednesday that the company had sent a directive to its companies to do whatever it took to stave off a credit crunch, including tapping credit lines. "There is no firmwide ...
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This category is for portfolio companies of the private equity investment firm Blackstone Inc. Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds.