Blackstone

Blackstone is the world's largest alternative asset manager, with $1.1 trillion in assets under management. Founded in 1985 by Stephen Schwarzman and Pete Peterson with just $400,000, it now spans real estate, private equity, credit, and infrastructure. Stephen Schwarzman personally donated $350 million to MIT in 2018 to fund the Schwarzman College of Computing, signaling the firm's strategic interest in AI and computing research. Blackstone's private equity funds have posted a net internal rate of return above 12% since 2007, underscoring its top-tier performance.