Stephen Schwarzman

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• Private Equity Booster Misleads New York Times Readers On Jobs Record

  Richard Farley, a lawyer who works on private equity deals, failed to mention that about half of the corporate defaults in the Great Recession were linked to the private equity business. [...] more>>

  Nathan Vardi, Forbes Staff

• Howard Marks Pays Record Price for Tony NYC Address

  

  Billionaire investor Howard Marks is the buyer of the fabulously expensive duplex at Manhattan's exclusive 740 Park Avenue. Muckety photo City property records show that Marks and his wife, Nancy, paid [...] more>>

  Laurie Bennett, Contributor

• The Hedge Fund And Private Equity Stock Train Wreck

  Will the stocks of big hedge funds and private equity firms ever rebound? [...] more>>

  Nathan Vardi, Forbes Staff

• Manhattan's $60 Million Apartment Will Be The Most Expensive Co-op Sale Ever

  A combo of two duplex apartments asking $60 million have found a moneyed taker at New York City's storied 740 Park Avenue. [...] more>>

  Morgan Brennan, Forbes Staff

• Inside 740 Park Ave's $60 Million Apartment

  [...] more>>

  Morgan Brennan, Forbes Staff

• Billionaires, Block By Block: Forbes Maps NYC's Richest Namesakes

  What price posterity? Well, in New York, it can cost as much as $100 million to see your name atop a major public building. Meet the generous billionaire name [...] more>>

  Clare O'Connor, Forbes Staff

• UPDATE 3-Blackstone's earnings slump on choppy markets

  investor caution, our limited partner investors are entrusting us with a greater share of their capital," Blackstone CEO Stephen Schwarzman said in a statement. Blackstone, whose investments include The Weather Channel, Pinnacle Foods and SeaWorld Parks & [...] more>>

• Blackstone Second-Quarter Profit Drops 74% as Fees Fall

  percent to $135 million as the value of fund holdings fell compared with a year earlier. Under Chief Executive Officer Stephen Schwarzman, Blackstone has led a push among the largest, publicly traded private-equity firms to expand beyond traditional buyouts [...] more>>

• UPDATE 2-Blackstone's earnings slump on choppy markets

  * Assets under management $190 bln as of end-June * Q2 ENI down 74 pct on the year to $212 mln * Q2 ENI per share 19 cents vs Street estimate of 16 cents * Q2 distributable earnings down 1 pct y/y to $188 mln July 19 (Reuters) - Blackstone Group LP, the [...] more>>

• Private equity-owned firm alleges U.S. government discrimination

  New-York based Blackstone took over American Petroleum Tankers in 2006 in a $500 million deal. Blackstone's CEO Stephen Schwarzman is a major Romney backer while his No. 2, Blackstone's President Tony James, is an Obama supporter. Obama has accused Romney [...] more>>

• Republican fundraising engine shifts into a higher gear

  the candidate’s super PAC. And employees of Blackstone Group, a large private equity company headed by Romney fundraiser Stephen Schwarzman, have given $647,000. David Beightol, a Romney fundraiser and lobbyist at Dutko Grayling in Washington, said many business [...] more>>

• Blackstone Seeks Australia Properties to Fix, Sell on Yield Bet

  by the nation’s “stable economy and high-yielding assets,” according to the statement. New York-based Blackstone, run by Stephen Schwarzman, was the biggest buyer of commercial real estate in the U.S. in 2010 and 2011, spending about $16.7 billion for strip [...] more>>

• Blackstone Aims to Shed U.S. Office Empire

  money. "When we exit the real estate, my expectation is that we will really crush it and we will really do extremely well," Stephen Schwarzman, Blackstone's chief executive, said on a call with analysts in February. But the price the office buildings fetch [...] more>>

• Blackstone Aims to Shed U.S. Office Portfolio

  money."When we exit the real estate, my expectation is that we will really crush it and we will really do extremely well," Stephen Schwarzman, Blackstone's chief executive, said on a call with analysts in February.But the price the office buildings fetch depends [...] more>>

• Weekend Fare

  at the library, will promote the exhibit Friday by offering free samples of its peanut butter and jelly sandwiches in the Stephen A. Schwarzman Building on the first floor in Astor Court. The triple-decker sandwiches will be sold for $3 while the exhibition [...] more>>

• Food Trucks to Take Turns at the Library

  Call it the lunch exhibition that escaped into the park. That would be Bryant Park — and the exhibition, which opened Friday at the New York Public Library , is “Lunch Hour NYC,” a history of the midday meal in New York City. And now, on Wednesday, a rot [...] more>>