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When the Blackstone Group went public, it was commonly thought that Stephen Schwarzman would rake in about $2 billion or so. According to its just-filed annual report,... Read more...
Business Week Online takes a look at the world's top investors and asks: What separates the billionaires from the millionaires? Each saw and acted on an opportunity before anyone else.... Read more...
There was a brief moment, not too long ago, when people thought Stephen Schwarzman, and the Blackstone Group, had eclipsed Henry Kravis and Kohlberg Kravis Roberts. Fortune had just named... Read more...
For whatever reason, we associate charitable endeavors with hedge funds more so than private equity funds, which seem to be more associated with the arts--patron Henry Kravis has a gallery named... Read more...
For the moment, the Blackstone Group retains the title for biggest buyout ever. Of course, it doesn't look like it will last long. People on Wall Street are hoping that Stephen Schwarzman will Read more...
You know your industry is on a roll when the likes of Vanity Fair and Fortune start running glitzy articles and publishing top power broker lists. For the private equity industry... Read more...
Well, after a lot of drama, the Blackstone Group has won the bidding for Equity Office. The board had decided that the $55.5 a share offer was the superior bid. Vornado was vexed all along by the... Read more...