Stephen Schwarzman, co-founder of Blackstone Group LP, sold stationery as a Yale undergraduate, making enough money to buy a stereo, on which he played the Four Tops and the Beatles, he recalled the other night at a reception for the Oxford-Pershing Square Graduate Scholarships.
Ravens flying through a winter backdrop transported operagoers into Tchaikovsky’s very Russian story of fiery, futile love, “Eugene Onegin,” in a new production that opened the season at the Metropolitan Opera last night.
Bruce Kovner, the billionaire co- founder of Caxton Associates LP, is retiring from the $10 billion hedge fund, ending a three-decade run during which he traded everything from soybeans to Japanese yen futures and returned twice as much as the Standard & Poor’s 500 Index.
Hedge-fund icon Stanley Druckenmiller is quitting the business after three decades, telling investors he’d been worn down by the stress of trying to maintain one of the best trading records in the industry while managing an “enormous amount of capital.”
While the devil was still putting on his white suit and top hat for the new production at the Metropolitan Opera of Gounod’s “Faust,” mere mortals were starting their night with cocktails in the Grand Tier.