Blackstone bull raising new buyout fund despite horrid private equity markets. Investors skeptical: shares down 25% this year and 55% since public offering last June. With Peter Peterson founded private equity shop in 1985 with $400,000 balance sheet; diversified into real estate, hedge funds. Firm now manages $119 billion. Schwarzman urging U.S. to embrace sovereign wealth fund investments. Likely successor: Hamilton ("Tony") James. « less
Family
Christine Hearst-Schwarzman
lawyer, wife of Stephen Schwarzman
Teddy Schwarzman
Son of Stephen Schwarzman, CEO of Blackstone Group
Friends & Colleagues
George W Bush
43rd US president, ex-governor of Texas, son of George H W Bush
Colin L Powell
Secretary of State under George W Bush; Chairman of the Joint...
Nouriel Roubini
Economist credited with predicting the economic crisis
Edward Cardinal Egan
Cardinal of the Archdiocese of New York
Business Positions
Lehman Brothers Holdings, Inc
formerly the 4th largest investment bank in the...
JPMorgan Chase
A multinational banking corporation and the world's largest public...
Other Positions & Memberships
1-10 of 15 :: see all
The Partnership for New York City
Nonprofit membership organization comprised...
The Business Council
Membership association of leading CEOs
Council on Foreign Relations
The most prestigious US foreign policy think tank
Skull & Bones
A secret society associated with Yale University.
Core Club
21-century NYC club for super-rich
Education
Harvard University
Elite private university located in Cambridge, MA
Donation/Grant Recipients
1-10 of 135 :: see all
Inner-City Scholarship Fund
The Inner-City Scholarship Fund provides...
Bob Beauprez
US Representative from Colorado
John McCain
US Senator and Representative from Arizona
Patrick Joseph Kennedy
US Representative from Rhode Island



