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In 1985, Peterson and Stephen A. Schwarzman co-founded the private equity and investment management firm the Blackstone Group, and for many years Peterson was its chairman. [14] At Blackstone, he made a fortune, including the $1.9 billion he received when it went public in 2007, that funded many of his charitable and political causes.
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "petros" (πέτρος, masculine), or "petra" (πετρα, feminine) means "stone" or "rock" in Greek.
Stephen Allen Schwarzman (born February 14, 1947) is an American businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson.
These flat-top griddle cooking stations, like the Blackstone Adventure Ready 2-Burner 28", have become the hottest new item to hit backyards in the last year. Blackstone $197 $227 Save $30
Billionaire Wall Street financier Peter Peterson, who co-founded private equity firm Blackstone Group LP and served as U.S. President Richard Nixon's commerce secretary, died on Tuesday of natural ...
The Peter G. Peterson Foundation is an American billionaire-funded foundation established in 2008 by Peter G. Peterson, former US Secretary of Commerce in the Nixon Administration and co-founder of the Blackstone Group, an American financial-services company.
Todd Pedersen was born in Seattle, Washington, the fourth of eleven children, and grew up in Idaho Falls, Idaho, where he attended Idaho Falls High School. [2]After finishing a 2-year mission for his church, he returned and settled in Provo, Utah.
Peter John Eli Peterson (1887–1962), American farmer, businessman, and politician; Harding Peterson (born 1929), known as Pete, American baseball player; Pete Peterson (born 1935), American POW, US Congressman from Florida, and later ambassador to Vietnam; Peter Peterson (Canadian politician) (born 1953), former Canadian Member of Parliament