Deals
Schwarzman and Fink Said to Shun Saudi Investment Conference
- Blackstone and BlackRock CEOs join Jamie Dimon in pulling out
- Goldman, Moelis bankers are said to still plan to attend
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The heads of Blackstone Group LP and BlackRock Inc. are the latest global business leaders to cancel plans to attend an investment conference in Saudi Arabia in the wake of the mysterious disappearance of a prominent government critic in Turkey, according to people with knowledge of the matter.
Neither Blackstone Chief Executive Officer Steve Schwarzman nor BlackRock CEO Larry Fink will now attend the event, dubbed “Davos in the Desert,” the people said, asking not to be identified. Executives including JPMorgan Chase & Co.’s Jamie Dimon and Uber Technologies Inc.’s Dara Khosrowshahi have also dropped out.