Blackstone Chairman, CEO and Co-Founder Stephen A. Schwarzman, today
attended the George W. Bush Institute’s Military Service Initiative
Summit. The day-long summit brings together leaders from across the
private, public, and non-profit sectors to examine how Americans can
more effectively support post-9/11 veterans and their families. Mr.
Schwarzman participated in a panel discussion with General Peter Pace to
address the importance of this issue and various ways to encourage
hiring among returning servicemen in both the public and private sectors.
Over the last year, Blackstone has led several initiatives to facilitate
the training and hiring of service members across its portfolio over
companies. Beginning with a commitment to the “White House’s “Joining
Forces” initiative, Blackstone pledged to hire 50,000 veterans and has
since mobilized its portfolio companies to hire more than 10,000
veterans.
“We all have a responsibility to help veterans build life-sustaining
careers after their service to this country has ended,” said Blackstone
Chairman, CEO and Co-founder Steve Schwarzman. “Veterans embody many of
the skills, talents and personal attributes that make them valuable
employees and it’s up to each of us to support them as they join the
workforce.”
Additionally, Blackstone is an early participant in a Department of
Defense program that allows companies to offer active duty
service members training programs, and is also participating in an
effort that allows veterans to use existing GI Bill funds for on-the-job
training.
For more information about Blackstone’s Veterans Initiative, please
visit http://www.blackstone.com/careers/veterans-initiative.
About Blackstone:
Blackstone is one of the world’s leading investment and advisory firms.
We seek to create positive economic impact and long-term value for our
investors, the companies we invest in, the companies we advise and the
broader global economy. We do this through the commitment of our
extraordinary people and flexible capital. Our asset management
businesses include investment vehicles focused on private equity, real
estate, hedge fund solutions, non-investment grade credit, secondary
funds, and multi asset class exposures falling outside of other funds’
mandates. Blackstone also provides various financial advisory services,
including financial and strategic advisory, restructuring and
reorganization advisory and fund placement services. Further information
is available at www.blackstone.com.
Follow Blackstone on Twitter @Blackstone.
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