Blackstone Preparing for Steve Schwarzman’s Retirement

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HFA Staff
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Blackstone

The Blackstone Group L.P. (NYSE:BX) is reportedly in the throes of succession planning, in the event of the departure,  of its top functionary, founder and CEO Stephen Schwarzman, reports FINalternatives, citing CNBC, who in turn attributes the information to insiders with direct knowledge of the matter. According to CNBC’s report, Stephen Schwarzman is preparing six candidates for taking over the reins at The Blackstone Group L.P. (NYSE:BX) in the event of his departure. Tom Hill is currently head of Blackstone Alternative Asset Management, the hedge fund business. He is 63 years old and a Harvard Business School graduate. Bennett Goodman,…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.