Deals
Steve Schwarzman Holds On as Tony James’s Exit Shapes Blackstone Succession
- Tony James to retire in January after two decades at firm
- Together the executives built Blackstone into PE behemoth
Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group Inc., stands for a photograph before an interview in New York, U.S., on Friday, Sept. 13, 2019.
Photographer: David Dee Delgado/BloombergThis article is for subscribers only.
Over two decades, Tony James and Steve Schwarzman became a duo to be reckoned with in the dealmaking world, building Blackstone Inc. into a dominant force in private equity.
Now, there is only Schwarzman left.