Stephen Schwarzman - Blackstone

Schwarzman in WSJ: Some Lessons of the Financial Crisis

November 4, 2008 6:50 pm

We are in the middle of the worst financial crisis in recent memory. Vast efforts are being made to extricate us from it, but there is little focus on preventing ... Read more »

Schwarzman Sees `Phenomenal’ Returns From Buyouts

October 28, 2008 9:47 pm

 Stephen Schwarzman, chairman of Blackstone Group LP, said private-equity firms that buy companies during the credit crisis may see “phenomenal” profits once global economic growth resumes.“In periods like this, people ... Read more »

Schwarzman Raises Investing Hurdle

September 19, 2008 2:29 pm

  Bankrupt Lehman Brothers Holdings Inc. and government-seized American International Group Inc. top the list of distressed sellers seeking buyers for at least $1 trillion of assets. So far, bargain ... Read more »

View from the Top: Stephen Schwarzman, chairman of Blackstone

June 8, 2008 5:49 pm

In a video interview with FT.com, Mr Schwarzman spoke about his IPO, the dangers of rebuffing sovereign wealth funds and why he enjoys giving away money as much as he ... Read more »

Schwarzman gives $100 million to the N.Y. public library

March 11, 2008 11:11 am

  The New York Public Librarys venerable lion-guarded building on Fifth Avenue at 42nd Street is to be renamed for the Wall Street financier Stephen A. Schwarzman, who has agreed ... Read more »

Blackstone Profit Falls 89% on Credit Market Meltdown

March 10, 2008 2:27 pm

 Blackstone Group LP, manager of the world’s largest buyout fund, said fourth-quarter profit plunged 89 percent after a “meltdown” in the credit markets and warned that getting loans for takeovers ... Read more »

Schwarzman sponsors poor students in Bronx

March 1, 2008 3:03 pm

this is truly beautiful and smart way to help people,  way to go Steve! —————-  It isn’t often that Stephen A. Schwarzman admits to being less than the best. ... Read more »

A Humbler Birthday For Schwarzman

February 15, 2008 9:09 pm

One year ago, Stephen Schwarzman threw one of the year’s most lavish parties to celebrate his 60th birthday. The billionaire entertained guests at the storied Park Avenue Armory with comedian ... Read more »

How Stephen Schwarzman became private equity’s designated villain

February 6, 2008 1:26 pm

  On June 18, 2007, Stephen A. Schwarzman, the chairman and chief executive of the Blackstone Group, and his driver approached the Fifth Avenue entrance of the New York Public ... Read more »

Blackstone chairman defends buy-outs

November 27, 2007 8:43 pm

Stephen Schwarzman, Blackstone chairman , told the CBI conference in London on Monday that private equity was “here to stay” and defended it as a way to spread globalisation’s gains ... Read more »

SUBPRIME WOE$ BLACKSTONE DROPS 8% AS EARNINGS FALL

November 13, 2007 9:17 pm

Blackstone Group’s billionaire founder Stephen Schwarzman got another bitter taste of the pain that can come with being a public company yesterday after the buyout giant’s stock fell 8 percent ... Read more »

Flowers Sallie Mae Failure Proves He’s No Schwarzman

October 22, 2007 5:40 pm

– The turning point for leveraged buyout banker and former Goldman Sachs Group Inc. partner J. Christopher Flowers occurred last month when he couldn’t get SLM Corp. Chairman Albert Lord ... Read more »

Blackstone, GE, WL Ross Compete for Stake in IFCI

September 17, 2007 2:06 pm

Sept. 17 (Bloomberg) — Blackstone Group LP, manager of the world’s biggest buyout fund, General Electric Capital Corp. and a group led by billionaire Wilbur Ross are among investors that ... Read more »

BLACKSTONE IN BEATDOWN

September 8, 2007 6:58 am

  September 8, 2007 — Investors in The Blackstone Group were taught another painful lesson yesterday after shares of the Wall Street bellwether, run by billionaire dealmaker Stephen Schwarzman, dropped ... Read more »

Vanity Fair publishes the anual power ranking: The Top 100

September 6, 2007 12:44 pm

  1  Rupert Murdoch, News Corp. (last year: 1) Murdoch fulfilled a long-held ambition to own The Wall Street Journal after making a stunning, cunning, $5 billion offer for Dow ... Read more »

BLACKSTONE GROUP PROFIT SOARS TO $774.4M

August 15, 2007 10:50 am

The Blackstone Group, run by billionaire mega-financier Stephen Schwarzman, yesterday reported its second-quarter profit tripled, but warned that the credit crunch could halt giant buyout deals for the rest of ... Read more »

Blackstone Raises $21.7 Billion in Record Buyout Fund

August 8, 2007 1:12 pm

(Bloomberg) — Blackstone Group LP raised $21.7 billion for the world’s biggest private-equity fund, just as a global credit crunch slows leveraged buyouts.The fund is more than triple the $6.45 ... Read more »

Buyout mogul : profile of billionaire Stephen Schwarzman in WSJ

June 14, 2007 1:09 am

Stephen Schwarzman, who stands 5-foot-6, describes himself as a scrappy “little man” who finds ways to win. When he pursues deals as the chief executive of Blackstone Group, he says, ... Read more »

Schwarzman’s Stake In Blackstone Worth Some $7.7B

June 11, 2007 1:37 pm

  Blackstone Group finally unveiled exact details of its ownership structure in an amended filing with the Securities and Exchange Commission. The buyout firm expects to sell 133.3 million units ... Read more »

China buys a 9,9% stake in a fund run by billionaire Schwarzman

May 21, 2007 2:06 am

Stephen Schwarzman, Blackstone’s chief executive, hailed the deal – the first time Beijing has invested its foreign reserve in a commercial transaction – as an “historic event that changes the paradigm in global capital flows” Read the rest of the story in FT here: http://www.ft.com/cms/s/4b717f78-06fd-11dc-93e1-000b5df10621.html

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