Stephen Schwarzman

Stephen Schwarzman, CEO of Blackstone, expressed strong optimism about India's data centre industry during his recent visit to Mumbai, calling it a high-growth segment with substantial potential. He emphasized that India’s data centre market is still in its early stages and is expected to see significant expansion. According to ICRA, India’s operational data centre capacity will grow to 2,000-2,100 MW by 2027, requiring investments of Rs 40,000-45,000 crore over FY25 and FY26. Blackstone is focusing on energy transition investments to power these data centres. Schwarzman also highlighted the rapid global adoption of artificial intelligence (AI) as a major growth driver for the sector. Blackstone plans to double its investment exposure in India to $100 billion, with a strong commitment to building businesses that enhance India’s development. He reaffirmed Blackstone’s confidence in India, describing the country as a promising market for alternative investments and expressing a bullish outlook for its future.

Blackstone CEO Stephen Schwarzman downplays impact of tariffs, calls it 'short-term disruption'

Blackstone CEO Stephen Schwarzman downplays the impact of the 25% tariffs on steel and aluminium that came into effect, calling them a “short-term disruption.” He views the tariff changes as a temporary “phenomenon” and believes the world will adapt over time, with countries adjusting through currency fluctuations and cost-sharing between producers and consumers. The American tariffs were implemented on the same day of the interview, and major economies are still assessing their effects. While the White House has stated there will be “exceptions,” India, which is not expected to be included in the April 2 tariff list, continues to negotiate with the U.S. Regarding trade, Schwarzman sees India’s growing role in global supply chains as an opportunity, positioning the country as an alternative to China. He also emphasized that India’s trade relations with the U.S. are developing and that India is well-positioned for future trade agreements.

India Top Performer, We Plan To Invest $100 Billion In Future: Stephen Schwarzman, Blackstone CEO

Blackstone's CEO, Stephen Schwarzman, highlighted India as the top-performing market for the U.S. private equity group. Since investing $1 billion in 2005, Blackstone’s operations in India have far exceeded expectations. The firm aims to double its exposure, targeting $100 billion in future investments, and remains the largest foreign company and private equity firm in India. Schwarzman expressed strong optimism about India’s future, citing political stability, regulatory improvements, and a young, tech-savvy population as key drivers of growth. Despite challenges in the past, such as difficulties for foreigners doing business in India, Blackstone adapted by focusing on owning and controlling businesses rather than just holding stakes. The company’s long-term strategy is to build businesses that improve the country’s economic landscape, and Schwarzman reiterated his confidence in India’s future as a prime market for investment.

Global energy crisis so severe it can cause social unrest, says Blackstone’s Stephen Schwarzman

Echoing his comments, Larry Fink, chairman of asset management firm BlackRock Inc said there is a high probability of oil prices reaching $100 per barrel soon, given the number of governments and investors against investing in fossil fuels.

PM Modi meets Blackstone CEO Stephen Schwarzman, discuss India's investment potential

PM Modi, who arrived here on Wednesday on an official visit to the US during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, held one-on-one meetings with CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone.

Blackstone CEO Stephen Schwarzman took home $610.5 million in 2020

Schwarzman, 74, received $86.4 million in compensation and $524.1 million in dividends from his Blackstone shares, a regulatory filing showed on Friday.

Blackstone CEO Stephen Schwarzman: 4 rules to pursue excellence

In an address to IIT graduates through a virtual meet, the founder, chairman and CEO of the world’s largest alternative asset investment firm highlights India’s tech dominance and rise of AI.

American economy headed for exciting times: Trump

US President Donald trump today said the American economy is headed for "exciting times" as he has already taken steps to get rid of regulations and reducing taxes.

Uday Kotak sole Indian financier in Forbes' most powerful list

57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World' topped by Blackstone Group's CEO Stephen Schwarzman, who has a net worth of USD 10.2 billion and oversees assets worth USD 344 billion.

Blackstone to seek $13 billion for global real estate fund

Blackstone, which derived 45 percent of its earnings from real estate in the first nine months of 2014, has started preliminary conversations with potential investors about the new fund and expects marketing documents to be ready in the next few weeks, the people said.

Is Blackstone betting big on Indian realty?

Clearances are delayed, funds are drying up and demand is low – in short, India‘s real estate sector is mired in rubble. But even as a string of private equity players pull out of the sector, US-based PE giant Blackstone is sensing a golden opportunity.

Indians not buying India story: Blackstone

Tax issues, lack of reforms, devolvement of power to states instead of the Centre and there seems to be some sense of pause, at least to the outsiders, in the whole country as they await elections in May, Stephen Schwarzman of Blackstone Group said in Davos.

Credit Suisse sells private equity unit to Blackstone

Credit Suisse Group AG has agreed to sell a private equity business to Blackstone Group , the latest move by an investment bank to sell a business with illiquid assets in order to appease regulators and bolster its balance sheet.

Blackstone's Schwarzman payday risks irking PE paymasters

Stephen Schwarzman, the boss of the world's largest private equity firm, made his fortune by being a financier who delivered outsized returns for investors from buying, restructuring and then selling companies.