All you want to know about Schwarzman

Steven Schwarzman has become an icon of the private equity industry with perhaps a single peer. (That would be Henry Kravis.) So when the New Yorker decides to publish a nearly 11,000 word profile, it signals something significant about the man of the moment. It's hardly a glowing profile, but you get the feeling he might be relieved. Sure, the author talks about some of his PR problems, noting that Schwarzman is pondering a massive philanthropic gift to "silence his critics." That sort of stuff. But you have to wonder if this also signals the high water point for the Blackstone Group. We'll see.

For more:
- here's the New Yorker article