On Tuesday, that speculation sharpened when Blackstone named Gray as president and chief operating officer, putting him in charge of the day-to-day management of the $434 billion in assets investing giant. As a long-haul truck driver and owner in 1989, he saw the need for while Pro Stock cars are like factory hot rods, with gasoline engines that produce a mere 1,300 horsepower. Check the oil pan!, I never dove under a car so fast in my life, Chandler said. Atualizao estar disponvel a partir desta sexta-feira (06) [] Tony Hawk's Pro Skater 1 + 2 ter itens temticos de Crash Bandicoot, Iniciativa permitir a torcedores e investidores comprarem fraes digitais de uma cesta [] Vasco da Gama e Mercado Bitcoin lanam token para investir em direitos de jogadores, Aps 24 partidas de invencibilidade, o Milan voltou a perder e [] Com show de Yazici, Lille vence no San Siro e acaba com invencibilidade do Milan - ISTO Independente, Os Estados Unidos ainda esto apurando os votos das eleies presidenciais, mas [] Maju Coutinho cita "Evidncias" ao falar sobre eleio dos EUA - ISTO Independente, Calendrio segue idade cronolgica e deve ser respeitado por pais e mdicos. See our 2016 cover story on Schwazman, titled "The Master", Also see Schwarzman's comments for Forbes' 100th anniversary issue, Im a staff writer and associate editor at Forbes, where I cover finance and investing. Jonathan D. Gray, global head of real estate at Blackstone Group. He has put in place the internal processes that are the bedrock of the institutionalization of our firm.". Im just trying to pay it forward, she said. But beneath the radar of East Coast opinion makers, drag racing has developed a solid base of devoted fans who go to races to feel the ground shake, their nostrils pucker, and their Gray's real estate business now counts $115 billion in assets under management, a more than sixfold increase from before the crisis. To build programs that allow Tommy Johnson Jr. and Jack Beckman to race -- shes just awesome. She began sponsoring a car part time -- it turned into full time and two cars. Across Wall Street, succession planning has been a major story for the past 18-months. Conrad "Connie" Kalitta, 73, was known as "The Bounty Hunter" when he raced from the 1950s through the 1990s. Don Schumacher started racing in 1963 with his street car in Gary, Ind., and went on to set records in his Plymouth Barracuda funny cars. Among Gray's big philanthropic endeavors are his alma mater UPenn, where he's donated $30 million to support cancer research. Her father scratched for a living in the oil fields as a pumper. activities, like free-style skiing or rock climbing. Gray's seminal deals like thetakeovers of Equity Office Properties and Ken Caplan and Kathleen McCarthy will take Gray's role as co-heads of Blackstone's real estate operations. All Rights Reserved, This is a BETA experience. But watch this space, because I have a feeling we haven't heard the last of Johnny Gray. Chandlers younger brother, Johnny Gray, became the president; Chandlers husband was vice president. Despite our tremendous success to date, I am quite excited about the opportunity to continue to innovate for both our investors and shareholders," said Gray. Otherbig recent deals include the $18 billion acquisition of GE's real estate assets and the purchase of Stuyvesant Town / Peter Cooper Village, an 80 acre property with 11,200 units in Manhattan. It quickly became known as Gray Motorsports. It eventually yielded a profit of many multiples of Blackstone's cost. He came flying off the track and yelled, Check the oil pan! Just over a year ago Goldman Sachs, headed by Lloyd Blankfein, named investment banker David Solomon and CFO Harvey Schwartz as co-presidents, firming up its succession plans. And I just want to help., And its genuine. Jonathan Gray built Blackstone's powerhouse $115 billion real estate business. To say it wasnt a solid financial investment is an understatement; despite having two charities on the cars, it is not tax deductible. But family is extremely important to me, and that was his passion, so I supported him the best I could.. In private equity, firms like KKR, Carlyle, Apollo Global and Ares have all announced or set the stage for a second generation of leadership. He considers www.denverpost.com But when we got home that night, I learned what an oil pan was!, Her brother insisted she start coming to some of the big-time drag races. It also bundled logistics and warehouse assets together, building Logicor the largest logistics and distribution company in Europe. I love to race, said Chandler. 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