Deals

Blackstone Leaders Ignore Politics for a Night to End Cancer

  • Gray, Schwarzman help raise $8.5 million for BRCA research
  • Schwarzman says of Warren: ‘It’s going to be a long race’
Susan Domchek of the Basser Center for BRCA, Jon and Mindy Gray and UPenn President Amy GuttmanPhotographer: Amanda Gordon/Bloomberg
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Elizabeth Warren probably wouldn’t have felt welcome at Cipriani Wall Street Monday night.

Earlier in the day, the Massachusetts senator and Democratic presidential candidate went after Blackstone Group and other private equity firms, claiming they had “shamelessly” profited from the 2008 housing crisis. Blackstone countered that its purchases of mostly vacant and foreclosed houses had lifted up neighborhoods and created value for pension plans.