Schwarzman Says Blackstone Has ’Aggressive’ Plans for Growing

Blackstone Group LP Chairman Stephen Schwarzman said his firm has “aggressive plans” for further diversifying its operations and growing assets under management.

“We’ve expanded our business significantly,” Schwarzman said today in a Bloomberg Television interview with Erik Schatzker and Stephanie Ruhle. “That was highly unusual during the financial crisis, when almost all financial institutions were pretty much shrinking.”

To contact the reporter on this story: Devin Banerjee in New York at dbanerjee2@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.