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Blackstone

Haven't we seen this movie before?

October 14, 2009

In a recent profile of KKR, Breakingviews.com (via the NYTimes) attempted to value the company by taking a look at Blackstone's operations. I don't have any comment on the analysis itself, but two excerpts stood out in my mind: [Blackstone] didn’t do as well collecting performance fees and investment gains because its holdings have been […]

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Giving away $1 billion

June 4, 2009

Former Commerce Secretary and Blackstone co-founder Peter Peterson has written a piece titled "Why I'm Giving Away $1 Billion," which provides a summary answer in its subtitle: "The moment is overdue for us to become moral and worthy ancestors." He prefaces his complete argument by observing: But immediately I began wondering: what do I do […]

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