Chief Executive Stephen Schwarzman was looking for more than just a business unit chief. When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief.
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Equity International CEO resigns, Sam Zell to take over-WSJ
Equity International chief executive Gary Garrabrant has left the U.S. private equity firm. Equity International chief executive Gary Garrabrant has left the U.
Bigger automakers should focus on flying cars: Tesla investor
An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.
Morgan Stanley's Wei says China IPO regulators should protect investors
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.
Blackstone names adviser to chase Australia deals
Global private equity fund Blackstone Group LP has appointed James Carnegie as a senior adviser as the firm chases buyout opportunities in Australia.
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Republican presidential candidate Mitt Romney attempted to turn the national conversation back to his record as a business executive in an op-ed published on Friday in the Wall Street Journal.
Jeff Kindler, the former chief executive of Pfizer Inc, has joined venture capital firm Lux Capital as a partner.
General Electric Co (GE.N) Vice Chairman John Krenicki will join Clayton, Dubilier & Rice at the end of the year.
Bessemer Venture Partners' Rob Chandra is scaling back his role at the venture firm to launch Avid Park.
When staffers at the National Venture Capital Association see a report that refers to U.S. presidential candidate Mitt Romney's investments as venture capital, they grimace -- and then contact the author to explain politely why it's wrong.
Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
Have you ever heard of the richest man in Africa? Compared to Bill Gates or Warren Buffett, construction tycoon and the richest man in Africa, Aliko Dangote, is not that well known.
