Summary
BRUNSWICK - Though the Blackstone Group and its dealings might be unfamiliar to many Mainers, its name is revered throughout the corporate universe.
With holdings in the tens of billions of dollars and a worldwide presence, Blackstone's far-reaching influence is difficult to overstate. With an announcement Friday that his company's philanthropic arm, Blackstone Charitable Foundation, will invest $3 million in Maine with the goal of creating 10,000 new jobs within 10 years, Blackstone President and CEO Stephen Schwarzman obviously intends to wield his wealth and influence here, too.See the full content of this document
Extract
Firm Invests $3m in Entrepreneur Programs
Creating that many jobs in a state where economic development is a struggle and an economy where private investment is a rarity is a bold and lofty goal, but lofty goals are what Schwarzman has built his career upon.
T...See the full content of this document
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