On March 3rd, Blackstone was honored by the Navy SEAL Foundation with the 2016 Patriot Award for the firm’s commitment to hire 50,000 veterans over five years. Blackstone’s Chairman, CEO & Co-Founder, Stephen Schwarzman, accepted the award on behalf of the firm with 250+ Blackstone employees in attendance. The event raised a record $9.3 million, with nearly $4 million of that coming from Blackstone employees and the firm’s broader network. 87% of Blackstone’s U.S. employees donated to the effort. Stephen A. Schwarzman was the Benefit Chairman, and the event was co-chaired by many others including Blackstone’s Joseph Baratta, David Blitzer, Dave and Barbara Calhoun, Michael Chae, John Finley, Bennett Goodman, Jon and Mindy Gray, J. Tomilson Hill, and Tony James.
The Navy SEAL Foundation provides immediate and ongoing support and assistance to the Naval Special Warfare community, their families, and the families of the fallen, wounded and transitioning veterans.