Steve Schwarzman doesn’t want to lose his right-hand man. Asked whether his chief operating officer, Hamilton “Tony” James, could be the next Treasury secretary, the Blackstone Group CEO told CNBC this morning that such a prospect worries him — not...
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Photograph by Victor J. Blue/Bloomberg
Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.
Schwarzman Hopes to Hold James
Photograph by Thomas Lee/Bloomberg
Jonathan M. Nelson, chief executive officer of Providence Equity Partners Inc.
Trading Obama, Clinton for Romney
Jonathan Nelson, the billionaire co-founder of Providence Equity Partners, supported Hillary Clinton and contributed to Barack Obama in the 2008 election. But as the private-equity executive told Bloomberg TV’s Cristina Alesci, Nelson is backing Mitt Romney this time around, saying...
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Photograph by David T. Foster III/Charlotte Observer/MCT /Landov
Jim Rogers, left, CEO of Duke Energy, and Charlotte Mayor Anthony Foxx make an official announcement regarding the city of Charlotte being named the site of the 2012 Democratic National Convention.
Obama Wants His PE Friends to Meet His Party Planner
President Obama is making sure that 60 of his richest supporters in Manhattan meet a friend of his from Charlotte — someone who could sure use a little cash. No, it’s not Bank of America CEO Brian Moynihan, who inadvertently lended...
Read more »Obama Pays His Own Visit to House of Private Equity
President Barack Obama is heading into the den of private equity tonight with an urgent plea: Please re-elect me. His visit to New York apartment of Tony James, the number two at Blackstone, the world’s largest private equity firm, comes on the...
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Photograph by Emmanuel Dunand/AFP/Getty Images
Occupy Wall Street protesters protest Mitt Romney in front of the Waldorf Astoria hotel during his campaign fundraiser in New York on March 14, 2012.
Blackstone’s Bracing for More Romney-Related Heat
Tony James knows it’s not over. The president of New York-based Blackstone Group — a firm that helped define the modern private equity landscape and now owns everything from Hilton Hotels to Legoland — said the assault on the buyout business is...
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