Blackstone Blog
 
15

Feb

2012

In an February 7th interview on Bloomberg News, Blackstone President and COO Tony James defended private equity and discussed the critical role it has in boosting the economy and safeguarding jobs. He also comments on Europe, opportunities there and Blackstone’s businesses.  (more...)
29

Nov

2011

Blackstone’s Real Estate group kicked off a mentorship program with Harlem Village Academies. Employees from Blackstone’s Real Estate group in New York visited the Harlem Village Academy Middle School on 144th Street and participated in their weekly Community Circle as well as spent one-on-one reading time with students from grades five through eight. Blackstone employees will continue to mentor students from Harlem Village Academies helping them to advance their reading skills and reach their academic goals. (more...)
18

Nov

2011

The Blackstone Charitable Foundation today announced a $3.2 million, three-year partnership with the Ohio-based Burton D. Morgan Foundation to train the next generation of entrepreneurs in Northeast Ohio. (more...)
09

Nov

2011

Blackstone President and COO Tony James recently spoke at an event celebrating the reopening of the PBF Delaware City Refinery.  The refinery was closed in 2009 by its previous owner leaving hundreds out of work.  Blackstone's willingness to invest risk capital to restart the refinery and execute a complete turnaround of the facility saved more than 700 jobs, will lead to the creation of thousands more secondary jobs and is already having a  wide reaching  impact on the Delaware community.  Tony James said, “Saving this refinery is what private equity is all about. If we are going to get America going again we need to save struggling, traditional American businesses that employ thousands of people.” (more...)
01

Nov

2011

December 2007 marked the first of several trips Blackstone’s Mary Anne Citrino would make to Cambodia. The occasion celebrated the opening of a school which she funded together with her husband and three children, Cheyenne, Dillon and Colter. Construction of the Dicheycol School began in April of the same year, in Ang Krong Village, located just two hours north of Phnom Penh.  Continued support from the Citrino family ensures the education of the village’s boys and girls through middle and high school. The school is made up of 8 classrooms, 3 teachers and 123 students. (more...)
25

Oct

2011

On October 20th, Steve Schwarzman delivered the keynote address at the 66th annual Alfred E. Smith Dinner. The dinner, hosted in memory of former New York Governor Alfred E. Smith, raises millions of dollars for charitable endeavors in New York City. This year’s dinner raised a record amount of $2.2 million and was attended by Governor Andrew Cuomo, State Comptroller Tom Dinapoli, and many others from the New York political establishment. (more...)
18

Oct

2011

This interview appeared on the ‘13 Hours to Think’ blog by Jeff Richards, a Partner at GGV Capital in Silicon Valley. It was posted on October 18, 2011. 

JR: Love the presentation and the concept of “Rare Air” – can you explain it in layman’s terms?   (more...)
12

Oct

2011

Blackstone Recognized as Top Fundraising Team 

On October 6th over 60 Blackstone employees supported inMotion in climbing the stairs of 1411 Broadway -a 42-story skyscraper owned by Blackstone's investors - in support of inMotion's “Story by Story” climb to end domestic violence. Captained by Erik Lisher, and assisted by Tim Coleman, Jon Gray and Jacob Werner, the Blackstone team raised over $136,000 and is expected to be named once again the top fundraising team. In total, the stair climb event will likely raise over $636,000, made possible through the generous donations of more than 3,700 donors. (more...)
11

Oct

2011

“Saving this refinery is what private equity is all about.  It's great that a couple of 20-year-olds can start a web site in a garage and make billions of dollars with venture capital.  But if we are going to get America going again, we need to save struggling, traditional American businesses that employ thousands of people.  And to do that, we need patient equity in large amounts that provide strong capital bases. Only private equity can fill this need.  The 2000 jobs potentially created by this reopening are a win for the pension funds we manage, the workers here at the refinery, the State of Delaware and the economy of the U.S.  Let's use it as a model for the future.” (more...)
07

Oct

2011

Over 700 Jobs Created

Today, Blackstone President and COO Tony James attended an event to celebrate the official reopening of the Delaware City petroleum refinery, which was closed in 2009 by a previous owner.  Mr. James toured the refinery and delivered remarks at the event, attended by Delaware Governor Jack Markell, U.S. Senator Thomas Carper, U.S. Senator Christopher Coons, International Vice President of the United Steelworkers Gary Beevers, and First Reserve Managing Director Tim Day, as well as other dignitaries and employees of the refinery. (more...)
 

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