David Blitzer had his eye on Addy Loudiadis’s business at Goldman Sachs Group Inc. for years.
Tony James, after giving a bullish forecast for alternative assets at Blackstone Group’s investor day, joined Hillary and Bill Clinton for dinner in a tent last night at the Central Park Zoo.
James Tomilson Hill, the Blackstone Group LP vice chairman who runs the company’s $58 billion hedge- fund business, has emerged as a billionaire as the world’s largest private-equity firm and his art collection have surged in value.
Blackstone Group LP President Tony James is reducing his stake in the private-equity firm he helped build into the world’s largest manager of alternative assets over the past 11 years.
“Who’s your barber?” I asked Lloyd Blankfein at Jazz at Lincoln Center’s gala last night, getting close to his light scruff for the second night in a row.
Blackstone Group LP, the world’s biggest manager of alternative assets, plans to start its second Tactical Opportunities fund this year, according to David Blitzer, the head of the unit.
"It is a challenge to manage because we have a lot of entrepreneurial, creative, aggressive people and they're spawning a lot of new businesses."
- Tony James on Jul 18, 2014