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		<title>Steve Schwarzman Becomes a Symbol in the New Era of Finance</title>
		<link>http://www.pontiffbot.com/archives/2009/05/18/steve-schwarzman-becomes-a-symbol-in-the-new-era-of-finance/</link>
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		<pubDate>Mon, 18 May 2009 22:57:14 +0000</pubDate>
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		<category><![CDATA[blackstone group]]></category>
		<category><![CDATA[stephen schwarzman]]></category>
		<category><![CDATA[steve schwarzman]]></category>

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Blackstone Group&#8217;s CEO, chairman of the board, and co-founder Steve Schwarzman has been getting a lot of attention lately. As part of Wall Street&#8217;s elite moneymakers, he has made history as a preeminent financial advisor, carrying out deals and transactions from the biggest companies. 
     Leading financial service company Blackstone [...]]]></description>
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<p>Blackstone Group&#8217;s CEO, chairman of the board, and co-founder Steve Schwarzman has been getting a lot of attention lately. As part of Wall Street&#8217;s elite moneymakers, he has made history as a preeminent financial advisor, carrying out deals and transactions from the biggest companies. </p>
<p>     Leading financial service company Blackstone Group now holds 750 employees and 52 partners, far from its earlier days as an asset management corporation. With more than $85 billion in revenue from different businesses, Blackstone Group &#8212; which started with only a $400,000 seed capital &#8212; has indeed emerged successful. </p>
</p>
<p>With a net income worth $3 billion, and a number of transactions under his belt, Steve Schwarzman also has a reputation for being one of the savviest investors on Wall Street. According to a former colleague of Steve Schwarzman, &#8220;There&#8217;s always somebody who is the symbol of an era, and he hit this era right.&#8221; As a billionaire investor, Steve Schwarzman is indeed a symbol in the new era of finance and management.</p>
</p>
<p>As private equity firms around the world weather the current financial crisis, Steve Schwarzman and the Blackstone Group have emerged as steady players with their smart, aggressive, and sensible investment strategies. Keep an eye on this young titan of Wall Street.</p></p>
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