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.
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.
"It tears us up to see all that unsatisfied demand go to our competitors."
- Tony James on Aug 04, 2014