Steve Schwarzman

As Americans express concerns about the economy ahead of the presidential election, Steve Schwarzman, CEO of Blackstone Inc. (NYSE:BX), has assured that the U.S. will avoid a recession, regardless of whether Donald Trump or Kamala Harris wins. What Happened: During an interview in Tokyo, Steve...

Stephen A. Schwarzman, chairman, CEO and co-founder of Blackstone Inc. (NYSE:BX), has reportedly pledged to back Donald Trump as a “vote for change.” On Friday, Schwarzman announced his intentions to contribute to Trump’s campaign as well as to several Republican Senate candidates...

A mega Republican donor is delaying contributions to Ron DeSantis following a meeting with the Florida governor that failed to persuade him of DeSantis’ potential as a presidential candidate. What Happened: Alternative investment management company Blackstone Inc co-founder Steve Schwarzman...

Blackstone Inc (NYSE: BX) CEO Steve Schwarzman, the head of the largest private equity firm on the planet, received record income in 2022.  Schwarzman took home more than $1.27 billion last year in compensation and dividends, reports Bloomberg.  He received...

On Thursday, Blackstone Group LP (NYSE: BX) reported Q2 results before the market opened and then hosted a conference call to discuss the numbers. Blackstone is the world's largest manager of alternative assets, with reported AUM (assets under management) now a record $329 billion. The firm...

On Tuesday, Reuters reported that U.S. alternative asset manager Blackstone Group LP (NYSE: BX) is seeking to publicly list Fidere Patrimonio, a Spanish real estate investment trust (REIT) owned by Blackstone. Fidere is a real estate investment trust owned by private equity group Blackstone, which...

On May 13, the Wall Street Journal reported that General Electric Company (NYSE: GE) is looking for a buyer for its estimated $5 billion commercial lending arm in Japan, the latest in a series of moves to refocus operations back on core industrial manufacturing businesses. GE CEO Jeffrey Immelt...

Net-lease REIT stalwart W.P. Carey Inc (NYSE: WPC) carefully underwrites each build-to-suit and sale-leaseback deal, but in this case, the neighborhood analysis must have been easier than most. On April 30, W.P. Carey announced that it had acquired a 166,000 square foot office facility leased to $...

On April 28, Fox Business journalist Maria Bartiromo sat down with Blackstone Group LP (NYSE: BX) Chairman and CEO Steve Schwarzman, to probe how the recent $23 billion real estate asset purchase from General Electric Company (NYSE: GE)'s GE Capital came to fruition. Schwarzman had a simple...

Blackstone Group LP (NYSE: BX) came out with better-than-expected quarterly earnings Thursday morning. EPS of the company rose 10 percent year-over-year to $4.98, while revenue came in at $2.72 billion, a marginal improvement of 1 percent from the same quarter last year. Blackstone Co-founder...

On March 17, Blackstone Group LP (NYSE: BX) Chairman and CEO Steve Schwarzman released his 2014 Chairman's Letter: "The Art of the Long View." He began with a quote from the 30-year old private equity firm's 2007 Prospectus: "Blackstone has always been managed with a...

Two major players in U.S. real estate: The Blackstone Group L.P. (NYSE: BX) and Prologis Inc (NYSE: PLD) are betting on New York City office and the New Jersey industrial market, respectively. Blackstone's Largest Core Purchase On February 11, The Wall Street Journal reported that...

If the axiom "great minds often think alike" is true, then real estate investors should pay attention when alternative asset manager The Blackstone Group L.P. (NYSE: BX) and global logistics giant Prologis Inc (NYSE: PLD) are both thinking about Portugal and Spain. On December 2,...

The Blackstone Group (NYSE: BX) Chairman Steve Schwarzman told Bloomberg Television's Erik Schatzker and Sara Eisen on "Market Makers" Friday that he gives the U.S. economy a "good grade" and that "there are some real pockets of strength." Schwarzman said that he can "absolutely" see Blackstone...