Schwarzman Warns of Persistently High Inflation

Schwarzman Warns of Persistently High Inflation

Americans may face persistently higher inflation than they’ve been accustomed to because employers have had to pay to bring workers back in front-line industries, Blackstone CEO, Stephen Schwarzman, said at the Qatar Economic forum on Wednesday. Schwarzman’s remarks...
Banner Ridge Surpasses $600m Target for New Fund

Banner Ridge Surpasses $600m Target for New Fund

Private-equity firm Banner Ridge Partners has exceeded the $600 million target for its fourth secondary fund by collecting around $800 million since it began fundraising earlier this year, according to people familiar with the matter. The New York-based firm expects...