In April 2013, Blackstone committed to hire 50,000 American veterans, caregivers and spouses across its portfolio over the next five years. This goal was inspired by the White House’s “Joining Forces” initiative championed by First Lady Michelle Obama and Dr. Jill Biden.
Today, a full year ahead of schedule, our firm announced that it has reached our hiring target, and will redouble our commitment with a new goal of hiring 50,000 more veterans in the next five years.
These hiring goals are just one part of Blackstone’s broader efforts to support our country’s veterans. Our firm and its portfolio companies also emphasize the importance of creating support structures to help veterans transition into their new private sector careers and retain those jobs.
Stephen A. Schwarzman, Blackstone’s Chairman, CEO and Co-founder, said: “America’s military veterans embody the traits that help our portfolio companies succeed and grow. These men and women are hardworking, adaptable, collaborative, reliable, and possess the highest integrity. We are excited about the success of this initiative and look forward to expanding its impact in the future to support our country’s veterans and their loved ones.”
For additional information on Blackstone’s veterans hiring efforts, please visit http://www.blackstone.com/careers/veterans-initiative.