As reported in today’s International Herald Tribune, the Blackstone Group recently disclosed how profitable its proposed $4.7 billion initial public offering will be for top executives.
Many have been watching Blackstone’s IPO because it “offered a glimpse inside the company’s highly profitable operations, which, in addition to private equity funds, also include hedge funds, real estate investments and an investment banking arm.” Blackstone’s (lengthy) prospectus is likely a primary source of information for many of the recent news articles about the IPO.