Topic: Stephen A. Schwarzman

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Stephen Allen Schwarzman (born February 14, 1947) is an American businessman and investor and the chairman and co-founder of the Blackstone Group, the private-equity and financial advisory firm.

Schwarzman attended the Abington School District in suburban Philadelphia and graduated from Abington Senior High School in 1965. He attended Yale University during the same period as George W. Bush, one year behind him (both were in the Skull and Bones society) and graduated in 1969. He then went on to Harvard Business School and graduated in 1972.

Schwarzman began his career in financial services at the investment bank Lehman Brothers, where he reached the rank of managing director at age 31. He eventually became the head of Lehman Brothers' global mergers and acquisitions team. In 1985, Schwarzman and his partner Peter Peterson started Blackstone, which originally focused on mergers and acquisitions.

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