Stephen Schwarzman
Blackstone to Become a Corporation
The world’s biggest landlord, with $136 billion of real estate assets under management, will switch its status from a publicly traded partnership to a corporation, opening its stock to more investors.
Blackstone Rearranges Top Execs
Jonathan Gray has been named president & COO, as Tony James moves into the executive vice chairman slot. In addition, two longtime execs will co-head global real estate, the position Gray is vacating.
Blackstone Buys Clarion Events
Established in 1947, the London-based event organizer boasts roughly 950 employees in 13 offices across the globe. The transaction includes an option for Clarion to reinvest part of the disposition proceeds into the events company.