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Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and ... Founding and early history
Sir William Blackstone (10 July 1723 – 14 February 1780) was an English jurist, justice and Tory politician most noted for his Commentaries on the Laws of England, which became the best-known description of the doctrines of the English common law. [1]
The Blackstone Manufacturing Company was founded in 1808 by investors from Providence, Rhode Island, and was one of several such companies that developed the Blackstone River industrially. Its early growth was instrumental in the growth of Blackstone Village in the 19th century.
It was also absorbed into American common law, cited repeatedly by that country's Founding Fathers, later becoming a form of words drilled into law students all the way into the 21st century. [4] Benjamin Franklin's version of Blackstone's ratio is very commonly quoted. Other commentators have echoed the principle.
William Eugene Blackstone (October 6, 1841 – November 7, 1935) was an American evangelist and Christian Zionist. He was the author of the Blackstone Memorial (1891), a petition which called upon the United States to actively return the Holy Land to the Jewish people .
Stephen Allen Schwarzman (born February 14, 1947) is an American businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson.
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The percent of the stake owned by Blackstone also fell to 40%, compared to Fink's staff. [16] By 1992, Blackstone had a stake equating to about 36% of the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public. [17] The firm adopted the name BlackRock, and was managing $17 billion in assets by the end of the year.