The private equity group's units post a 13% gain on their first day of trading, but Stephen Schwarzman's IPO has sparked controversy in Washington as Congress looks at PE's tax status. Full Story[video]
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More About The Blackstone IPO
IPO Market Looking Bullish
Even before the Blackstone offering, the IPO market was headed for its best year since 2000.
Democrats Want To Up Tax on Hedge Fund, PE Firms[video]
Proposed legislation would hike the rate levied on the compensation of managers of hedge funds and private equity firms from 15% to 35%.
Video Roundup: Reaction And Analysis[video]
There's no shortage of opinions about Blackstone or its IPO. Here's a sampling from Wall Street to Washington.
Bosses To Get Big Post IPO Payouts
A SEC filing by Blackstone disclosed that its co-founders will receive at least $2.33 billion after the offering.
Concerns Raised About China Stake
Senator Jim Webb wants Washington to look into the "national security implications" of Beijing's investment in the firm.
CNBC Exclusive: Stephen Schwarzman
Blackstone's chairman sat down with Michelle Caruso-Cabrera in late May to discuss China, competitiveness and the private equity bubble.