Schwarzman College at MIT Spurs Outcry by Students, Faculty

Photographer: Victor J. Blue/Bloomberg

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Blackstone Group LP Chief Executive Officer Steven Schwarzman was criticized by a group of students and faculty from the Massachusetts Institute Technology, who asked the school to cancel a celebration of a new computing center named for him.

Schwarzman’s work as an adviser to U.S. President Donald Trump, opposition to an affordable housing bill in California and his hosting of Saudi Crown Prince Mohammed bin Salman were cited as reasons for the protest in an opinion piece in The Tech, a campus newspaper. Signed by 18 students, faculty or alumni, it raised concerns about the school accepting Schwarzman’s donation of $350 million.