Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone. Mr. Schwarzman has been involved in all phases of the firm's development since its founding in 1985. The firm is currently the world's largest independent alternative asset manager with $248 billion Assets Under Management, as of September 30, 2013.
Mr. Schwarzman is an active philanthropist with a history of supporting education and schools. Whether in business or in philanthropy, he has always attempted to tackle big problems and find transformative solutions. In 2013, he founded an international scholarship program, "Schwarzman Scholars," at Tsinghua University in Beijing, to educate future leaders about China. At $300 million, the program is modeled on the Rhodes Scholarship and is the single largest philanthropic effort in China's history coming largely from international donors. In 2007, Mr. Schwarzman donated $100 million to the New York Public Library, on the board of which he serves. Mr. Schwarzman is also committed to supporting education locally, sending over two hundred students per year to parochial schools in the New York area.
Mr. Schwarzman is a member of The Council on Foreign Relations, The Business Council, The Business Roundtable, and The International Business Council of the World Economic Forum. He serves on the boards of The Asia Society, The Board of Directors of The New York City Partnership and The Advisory Board of the School of Economics and Management at Tsinghua University, Beijing. He is a Trustee of The Frick Collection in New York City and Chairman Emeritus of the Board of Directors of The John F. Kennedy Center for the Performing Arts. In 2007, Mr. Schwarzman was included in TIME's "100 Most Influential People." In that same year, he was awarded the Légion d'Honneur of France and promoted to Officier in 2010.
Mr. Schwarzman holds a B.A. from Yale University and an M.B.A. from Harvard Business School. He has served as an adjunct professor at the Yale School of Management, is on the Harvard Business School Board of Dean's Advisors and Harvard University's Global Advisory Council. In 2012, he was awarded an Honorary Degree from Quinnipiac University.
Hamilton ("Tony") E. James is President and Chief Operating Officer of Blackstone, and a member of the board of directors of our general partner, Blackstone Group Management L.L.C. He is also a member of Blackstone's Management and Executive Committees and sits on each of the firm's investment committees.
Prior to joining Blackstone, Mr. James was Chairman of Global Investment Banking and Private Equity at Credit Suisse First Boston and a member of the Executive Board. Prior to the acquisition of Donaldson, Lufkin & Jenrette by Credit Suisse First Boston in 2000, Mr. James was the Chairman of DLJ's Banking Group, responsible for all the firm's investment banking and merchant banking activities. Mr. James joined DLJ in 1975 as an Investment Banking associate. He became head of DLJ's global M&A group in 1982, founded DLJ Merchant Banking, Inc. in 1985, was named Chairman of the Banking Group in 1995. He is a Director of Costco Wholesale Corporation and has served on a number of other corporate Boards.
Mr. James is a trustee and member of the Executive Committee of The Second Stage Theatre, a trustee of The Metropolitan Museum of Art, Member of the American Progress Board of Trustees, Vice Chairman of Trout Unlimited's Coldwater Conservation Fund, a trustee of Woods Hole Oceanographic Institution, a trustee of Wildlife Conservation Society, an Advisory Board member of the Montana Land Reliance, and Chairman Emeritus of the Board of Trustees of American Ballet Theatre. He is also a former member of the President's Export Council – Subcommittee on Technology & Competitiveness.
Mr. James graduated magna cum laude with a BA from Harvard College in 1973 and was a John Harvard Scholar. He earned an MBA with high distinction from the Harvard Business School and graduated as a Baker Scholar in 1975.
Jonathan D. Gray is Global Head of Real Estate and a member of the board of directors of our general partner, Blackstone Group Management L.L.C. He also sits on the firm's Management and Executive Committees.
Since joining Blackstone in 1992, Mr. Gray has led the privatization of numerous public real estate companies valued at more than $100 billion including Extended Stay America, Carr America, Equity Office Properties and Hilton Hotels. Mr. Gray previously worked in the Corporate Advisory Services group and the Private Equity group at Blackstone.
Mr. Gray received a BS in Economics from the Wharton School, as well as a BA in English from the College of Arts and Sciences of the University of Pennsylvania, where he graduated magna cum laude and was elected to Phi Beta Kappa. He currently serves as a board member of the Pension Real Estate Association, Harlem Village Academies and Trinity School.
J. Tomilson Hill is President and Chief Executive Officer of BAAM, a Vice Chairman of The Blackstone Group and a member of the Board of Directors of the general partner, Blackstone Group Management L.L.C.
Mr. Hill previously served as Co-Head of the Corporate and Mergers and Acquisitions Advisory Group before assuming his role as CEO of BAAM. In his current capacity, Mr. Hill is responsible for overseeing the day-to-day activities of the group, including investment management, client relationships, marketing, operations and administration. He is a member of the Board of Directors of Patria Investment Limited. He also serves as a member of Blackstone's Management and Executive Committees.
Before joining Blackstone in 1993, Mr. Hill began his career at First Boston, later becoming one of the Co-Founders of its Mergers & Acquisitions Department. After running the Mergers & Acquisitions Department at Smith Barney, he joined Lehman Brothers as a partner in 1982, serving as Co-Head and subsequently Head of Investment Banking. Later, he served as Co-Chief Executive Officer of Lehman Brothers and Co-President and Co-COO of Shearson Lehman Brothers Holding Inc.
Mr. Hill is a graduate of Harvard College and the Harvard Business School. He is a member of the Council on Foreign Relations where he chairs the Investment Committee and serves on the Council's Board of Directors, and is a member of the Board of Directors of Lincoln Center Theater, where he serves as Chairman. He serves on the Board of The Metropolitan Museum of Art, the Telluride Foundation, the Advantage Testing Foundation, and of Our Lady Queen of Angels School, a parochial school (K-8th grade) in Spanish Harlem. He is a member of the Advisory Board of Christie's and a member of the Board of Directors of OpenPeak Inc. and Advantage Testing, Inc.
Richard H. Jenrette is a member of the board of directors of our general partner. Mr. Jenrette is the retired former Chairman and Chief Executive Officer of The Equitable Companies Incorporated and the co-founder and retired Chairman and Chief Executive Officer of Donaldson, Lufkin & Jenrette, Inc.
He is also a former Chairman of The Securities Industry Association and has served in the past as a director or trustee of The McGraw-Hill Companies, Advanced Micro Devices Inc., the American Stock Exchange, The Rockefeller Foundation, The Duke Endowment, the University of North Carolina, New York University and The National Trust for Historic Preservation.
The Right Honorable Brian Mulroney is a member of the board of directors of our general partner. Mr. Mulroney is a senior partner and international business consultant for the Montreal law firm, Ogilvy Renault LLP/ S.E.N.C.R.C., s.r.l.
Prior to joining Ogilvy Renault, Mr. Mulroney was the eighteenth Prime Minister of Canada from 1984 to 1993 and leader of the Progressive Conservative Party of Canada from 1983 and 1993. He served as the Executive Vice President of the Iron Ore Company of Canada and President beginning in 1977. Prior to that, Mr. Mulroney served on the Clich'e Commission of Inquiry in 1974.
Mr. Mulroney is a member of the Board of Directors of Archer Daniels Midland Company, Barrick Gold Corporation, Quebecor Inc., Quebecor World Inc., the World Trade Center Memorial Foundation and Wyndham Worldwide Corporation.
William G. Parrett is a member of the board of directors of our general partner. Mr. Parrett was formerly a senior partner of Deloitte & Touche USA LLP and until May 31, 2007 served as the Chief Executive Officer of Deloitte Touche Tohmatsu ("DTT"). Mr. Parrett co-founded the Global Financial Services Industry practice of Deloitte and served as its first Chairman.
Currently, Mr. Parrett is Chairman of the United States Council for International Business and on the executive committee of the International Chamber of Commerce. He is also Chairman of the Board of Trustees of United Way of America, on the Board of Trustees of Carnegie Hall, and a member of the Committee to Encourage Corporate Philanthropy. Mr. Parrett also serves as a trustee of The Catholic University of America and of St. Francis College.
Rochelle B. Lazarus is Chairman Emeritus and former Chief Executive Officer of Ogilvy & Mather Worldwide, a global marketing communications company.
She joined Ogilvy & Mather Worldwide in 1971, becoming president of its U.S. direct marketing business in 1989. She then became president of Ogilvy & Mather New York and president of Ogilvy & Mather North America before becoming President and Chief Operating Officer of the worldwide agency in 1995; Chief Executive Officer in 1996, which position she held to 2008; and Chairman from 1997 until her retirement in June 2012.
Ms. Lazarus also serves on the boards of Merck & Co., Inc., General Electric (where she chairs the Nominating, Corporate Governance and Public Responsibility Committee), the World Wildlife Fund, Partnership for New York City and Lincoln Center for the Performing Arts; is a trustee of the New York Presbyterian Hospital; and is a member of the Board of Overseers of Columbia Business School. She is also a member of the Council on Foreign Relations, The Business Council, and Women's Forum, Inc.
A graduate of Smith College, Ms. Lazarus also holds an MBA from Columbia University.
Jay Light is a member of the board of directors of our general partner. As Dean of Harvard Business School, Mr. Light is currently leading innovations in the School's core educational programs and plays an active role in the University's planning for Allston. Prior to becoming Dean, Professor Light was Senior Associate Dean, Chairman of the Finance Area, and a Professor teaching Investment Management, Capital Markets, and Entrepreneurial Finance for 30 years.
Mr. Light is a director of the Harvard Management Company, a director of Partners HealthCare (the Mass General and Brigham & Women's Hospitals) and chairman of its Investment Committee, a member of the Investment Committee of several endowments, a director of several private firms, and an advisor/trustee to several corporate and institutional pools of capital.