Blackrock and Blackstone have a similar background. Stephen Schwarzman and Pete Peterson started Blackstone in 1985, with ...
Effective Jan. 1, 2025, comanager Stephen Sullens stepped down from Blackstone Alternative Multi-Strategy and retired from the industry. On the same day, Stephen Zhu, managing director of ...
Private equity managers have a bad case of indigestion. Blackstone , KKR , CVC Capital Partners and their peers are collectively sitting on $3 trillion of unsold assets, tying up cash that can’t ...