Stephen Allen Schwarzman is the chairman and CEO of The Blackstone Group, a private equity and financial advisory firm he formed in 1985 with former US Secretary of Commerce Pete Peterson.
The Blackstone Group L.P. is an American multinational private equity, investment banking, alternative asset management and financial services corporation based in New York City. As the largest alternative investmentfirm in the world,[2] Blackstone specializes in private equity, credit and hedge fund investment strategies, as well as financial advisory services, such as mergers and acquisitions (MA), restructurings and reorganizations, and private placements.[3]
