Blackstone Pokes Fun at ‘Midlife Crisis’ as It Heals From Loss

Blackstone Inc. turned 40 this year. And right on cue, a midlife crisis has taken hold.
Chief Executive Officer Steve Schwarzman is trying to become a DJ. Goldman Sachs CEO David Solomon gives him a stamp of approval.
Others are getting tattoos and nose rings. Someone suggests they buy Ferraris. Martin Brand, head of Blackstone Capital Partners, spins it the Blackstone way: buying Ferrari NV. The crowd goes crazy.
Blackstone executives will temporarily change their LinkedIn profile pictures to be a 1980s version of themselves. Steve Schwarzman, clockwise from top left, Jon Gray, Joan Solotar and Joe Baratta.
Source: Blackstone
It’s all a little over the top, as has become tradition for the $1.2 trillion money manager’s holiday video. And the firm could’ve been forgiven for nixing …




