Blackstone CEO Schwarzman took home $610.5 million in 2020

Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from last year despite the impact of the COVID-19 pandemic, regulatory filings showed. Schwarzman, 74, received $86.4 million in compensation and $524.1 million in dividends from his […]

Onex reports Q4 profit up, helped by private equity and credit investment gains

Onex Corp. reported its fourth-quarter profit rose compared with a year ago, helped by gains in its private equity and credit investments. The Toronto-based private equity manager, which keeps its books in U.S. dollars, says it earned a net profit of US$597 million or $6.61 per diluted share for the quarter ended Dec. 31. The […]