Blackstone Group co-founder Stephen A. Schwarzman attends the eG8 forum in Paris in this file photo taken May 25, 2011. Schwarzman, the boss of the world's largest private equity firm, made his fortune as the financial wizard who delivered outsized returns for investors. These days, he... View Photo »
Blackstone Group co-founder Stephen A. Schwarzman attends the eG8 forum in Paris in this file photo taken May 25, 2011. Schwarzman, the boss of the world's largest private equity firm, made his fortune as the financial wizard who delivered outsized returns for investors. These days, he... View Photo »
Blackstone CEO Stephen A. Schwarzmann attends a session at the World Economic Forum (WEF) in Davos, in this file photo taken January 27, 2011. Private equity executives such as Schwarzman are making much more money managing assets than in carried interest from their investments,... View Photo »
Blackstone Group co-founder Stephen A. Schwarzman attends the eG8 forum in Paris in this file photo taken May 25, 2011. Private equity executives such as Schwarzman are making much more money managing assets than in carried interest from their investments, creating a perverse incentive... View Photo »
U.S. Sen. Sherrod Brown, left, and Stephen Schwarzman, founder of Blackstone, talk together before announcing that the Blackstone Charitable Foundation of New York and the Burton D. Morgan Foundation in suburban Cleveland have joined to create a three-year partnership pledging $3.2 million... View Photo »
NEW YORK, NY - OCTOBER 13: Chairman and CEO of Blackstone, Stephen A. Schwarzman attends the 26th Annual New York Police & Fire Widows' & Children's Answer the Call Benefit Fund Gala at Wade Thompson Drill Hall at Park Avenue Armory on October 13, 2011 in New York City. View Photo »
NEW YORK, NY - OCTOBER 13: Chairman and CEO of Blackstone, Stephen A. Schwarzman attends the 26th Annual New York Police & Fire Widows' & Children's Answer the Call Benefit Fund Gala at Wade Thompson Drill Hall at Park Avenue Armory on October 13, 2011 in New York City. View Photo »
Blackstone Group co-founder Stephen A. Schwarzman attends the eG8 forum in Paris May 25, 2011. The eG8 forum gathers "leaders of the Internet" to consider and discuss the future of the Internet and society. View Photo »
Blackstone Group co-founder Stephen A. Schwarzman attends the eG8 forum in Paris May 25, 2011. The eG8 forum gathers "leaders of the Internet" to consider and discuss the future of the Internet and society. View Photo »