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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. [3]: 45–56 [4] The founders named their firm "Blackstone" using a cryptogram derived from their names: "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word ...
In 1992, Gray joined Blackstone's mergers and acquisitions and private equity group, [6] and joined its newly formed real estate private equity group the following year. He became co-head of the real estate group in 2005 and global head of real estate in 2011, [7] overseeing a portfolio of hotel, office, retail, industrial, and residential properties in the U.S., Europe, and Asia.
Education. Yale University ( BA) Harvard University ( MBA) 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. Schwarzman was chairman of former President Donald Trump 's Strategic and Policy ...
Blackstone Reports Record Full Year Revenue, Assets Under Management, and Public Company Earnings NEW YORK--(BUSINESS WIRE)-- Blackstone (NYS: BX) today reported its full year and fourth quarter ...
BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager , BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023 [update] . [ 1 ]
Blackstone Inc.'s (NYSE:BX) stock rose 5.9% last week, but insiders who sold US$20m worth of stock over the last year...
Even though Blackstone Inc. ( NYSE:BX ) stock gained 14% last week, insiders who sold US$20m worth of stock over the...
University of Chicago ( MBA) Peter George Peterson (June 5, 1926 – March 20, 2018) was an American investment banker who served as United States Secretary of Commerce from February 29, 1972, to February 1, 1973, under the Richard Nixon administration. [1] [2] [3] Peterson was also chairman and CEO of Bell & Howell from 1963 to 1971. [4]