Blackstone Reaches 50,000 American Military Veterans Hiring Target Ahead of Schedule; Commits to New, Additional 50,000 Veter...
May 25 2017 - 1:55PM
Business Wire
Blackstone today announced that is has reached its goal of
hiring 50,000 American military veterans, caregivers and spouses
across its portfolio of companies, one year ahead of its original
five-year target. The firm also announced it has committed to a new
goal of hiring 50,000 additional military veterans, caregivers, and
spouses in the next five years.
Blackstone made the initial 50,000 job commitment in April 2013
as part of the White House’s “Joining Forces” initiative championed
by First Lady Michelle Obama and Dr. Jill Biden, encouraging
private sector hiring of veterans.
Stephen A. Schwarzman, Blackstone’s Chairman, CEO and
Co-founder, said: “America’s military veterans embody the traits
that help our portfolio companies succeed and grow. These men and
women are hardworking, adaptable, collaborative, reliable, and
possess the highest integrity. We are excited about the success of
this initiative and look forward to expanding its impact in the
future to support our country’s veterans and their loved ones.”
These hiring goals are just one part of Blackstone’s broader
efforts to support our country’s veterans. Blackstone and its
portfolio companies also emphasize the importance of creating
support structures to help veterans transition into their new
private sector careers and retain those jobs, among other
initiatives. For additional information on Blackstone’s veterans
hiring efforts, please visit
http://www.blackstone.com/careers/veterans-initiative.
About Blackstone
Blackstone is one of the world’s leading investment firms. We
seek to create positive economic impact and long-term value for our
investors, the companies we invest in, and the communities in which
we work. We do this by using extraordinary people and flexible
capital to help companies solve problems. Our asset management
businesses, with over $360 billion in assets under management,
include investment vehicles focused on private equity, real estate,
public debt and equity, non-investment grade credit, real assets
and secondary funds, all on a global basis. Further information is
available at www.blackstone.com. Follow Blackstone on Twitter
@Blackstone.
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