Private Equity Stephen Schwarzman

  • NEW YORK, Sept 21- Blackstone Group LP, the world's largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026.. The firm currently manages $439 billion, a five-fold increase since it went public in 2007.. In a presentation, Blackstone said assets under management could hit...

  • Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

    Beijing long turned to big banks to help get its way in Washington, but the old back channels have proven ineffective when it comes to trade tensions.

  • Goldman Sachs Chief Executive and Chairman Lloyd Blankfein shakes hands with other business leaders as they meet U.S. President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017.

    China will ask Wall Street firms for ways to improve ties with the U.S. and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday.

  • HONG KONG, Sept 14- China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said. The meeting will be chaired by Zhou Xiaochuan, former governor of the People's Bank of China, and John Thornton, ex-president of Goldman...

  • *Q2 EPS $0.17 vs forecast $0.11. Thomson Reuters said it expects to complete the $20 billion Blackstone deal in the fourth quarter and Smith told analysts on a conference call that will clear the path for expansion. "Following the closure of the deal with Blackstone, Thomson Reuters will be in a position to play offense," he said.

  • The news and information provider reported second-quarter revenue of $1.31 billion, compared with $1.28 billion a year ago. Analysts had expected revenue of $1.31 billion and earnings of 11 cents a share, according to Thomson Reuters I/B/E/S. Thomson Reuters reported a 6- percent decline in operating profit to $204 million, which it said was primarily due to...

  • Thomson Reuters reported a 6- percent decline in operating profit to $204 million, which it said was primarily due to costs and investments ahead of the planned sale of a majority stake in its Financial& Risk business to Blackstone Group LP. Thomson Reuters agreed in January to sell a 55 percent stake in the Financial& Risk unit, which sells data and news primarily...

  • ESPARTO, California, July 27- The rental home seemed so beautiful when McKayla Ferreira first laid eyes on it. The roof had three gables, fruit trees grew in the backyard, and the front porch gleamed with a fresh coat of paint. First, she noticed water leaking through the bathroom and kitchen ceilings.

  • BRUSSELS, July 23- U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters' Financial and Risk unit, the European Commission said on Monday. Blackstone is making its biggest bet since the financial crisis with the $20 billion deal which pits co-founder Stephen Schwarzman against fellow...

  • BRUSSELS, July 23- U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters' Financial and Risk unit, the European Commission said on Monday. Blackstone is making its biggest bet since the financial crisis with the $20 billion deal which pits co-founder Stephen Schwarzman against fellow...

  • NEW YORK, July 19- Blackstone Group LP, the world's largest manager of assets such as private equity and real estate, is kicking off a fundraising "super cycle" which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday. Blackstone has faced questions from investors in recent years over how much...

  • NEW YORK, July 19- Blackstone Group LP on Thursday reported a 10 percent drop in quarterly distributable earnings, which it uses to pay dividends, as assets sales slowed even as many of its funds appreciated much more than the stock market. Still, Blackstone declared a quarterly dividend of 58 cents per common unit, up from 54 cents a year ago. Second-quarter...

  • NEW YORK, July 1- KKR& Co transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. The change by KKR, which made its name through leveraged buyouts in Corporate America in the 1980 s, to so-called C-Corp from a publicly traded partnership will mean a bigger tax bill. "How many of those people...

  • *Assets under management $449.6 bln in Q1 vs $434.1 bln in Q4. *Economic net income per share 65 cents vs expected 45 cents. Economic net income per share came in at 65 cents in the quarter, down from 81 cents a year ago.

  • *Assets under management $449.6 bln in Q1 vs $434.1 bln in Q4. *Economic net income per share 65 cents vs expected 45 cents. Economic net income per share came in at 65 cents in the quarter, down from 81 cents a year ago.

  • *U.S. wants China to cut autos tariffs, buy more chips. WASHINGTON/ BEIJING March 26- Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors in negotiations to avoid plans to slap tariffs on a host of Chinese goods and a potential...

  • *U.S. wants China to cut autos tariffs, buy more chips. WASHINGTON/ BEIJING March 26- Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors in negotiations to avoid plans to slap tariffs on a host of Chinese goods and a potential...

  • Steve Schwarzman, CEO of Blackstone Group.

    Washington's proposed tariffs on Chinese products could be delayed, said Blackstone Group CEO Stephen Schwarzman, who has been called the president's "China whisperer."

  • Steve Schwarzman speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017.

    Blackstone co-founder Steve Schwarzman says, "I was asked. That's always the way something happens."

  • Businesses will power right through higher interest rates, says Blackstone’s CEO

    Stephen Schwarzman, Blackstone chairman and CEO, talks markets with CNBC’s “Squawk Box.”