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In 1985, Stephen A. Schwarzman, Blackstone’s Chairman and Chief Executive Officer, and Peter G. Peterson, who retired from the firm in 2008, co-founded The Blackstone Group with a shared secre
tary and a balance sheet of $400,000. Today Blackstone is a leading global alternative asset manager and provider of financial advisory services listed on the New York Stock Exchange (ticker symbol BX) with total fee-earnings assets under management of $93.5 billion as of June 30, 2009. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our ex