Back to Who is behind Blackstone Financial Management?
Who is behind Blackstone Financial Management?
Shows documented founders, leaders, board members, funders and owners. Not who made decisions, or why.
A connection is not evidence of wrongdoing.
1988 – Jul 1992
Who is behind Blackstone Financial Management?
Shows documented founders, leaders, board members, funders and owners. Not who made decisions, or why.
1988
Founded by. 1988: Larry Fink founded Blackstone Financial Management. Co-founder.
BlackRock dates its own founding to 1988, by Fink and seven partners.
1988
Money in. 1988: Blackstone invested in Blackstone Financial Management.
Schwarzman’s own account. Bloomberg, citing King of Capital, describes the capital as a $5 million credit line.
1988–1994
Owners. 1988–1994: Blackstone owns a stake in Blackstone Financial Management. 50%, as of 1988.
Blackstone took the stake for a $5 million credit line, per King of Capital as reported by Bloomberg. Its share fell to about 40% by 1989 and about 35% by 1992; Blackstone says it sold its interest in 1994.
Shows documented founders, leaders, board members, funders and owners. Not who made decisions, or why.
A connection is not evidence of wrongdoing.
Drawn from the sourced links on its answer page. Change a link and this story changes with it.