The Global Impact of the Financial Crisis

LIVE WEBCAST at 1 PM EST with interactive online Q & A

left to right: Stephen A. Schwarzman, Jeffrey Shafer.

Since its relatively contained beginnings in the U.S. sub-prime mortgage market in mid-2007, the financial crisis has grown to infect nearly every corner of the global financial system. Private equity has been no exception. The days of highly leveraged buyout deals on which private equity recently thrived appear unlikely to repeat themselves in the absence of a flowing credit market. Announced buyouts for 2008 are down 70 percent from the same period in 2007 and the resulting hiatus has left private equity firms sitting on a record amount of cash. Stephen Schwarzman, Chairman & CEO of The Blackstone Group, offers his view of the marked changes private equity has undergone in the current turmoil and shares his thoughts on where opportunities lie for his investors.

Speaker:
Stephen A. Schwarzman, Chairman & Chief Executive Officer, The Blackstone Group

Presider:
Jeffrey Shafer, Vice Chairman, Global Banking; Senior Asia Pacific Representative in New York, Citi

Agenda:
12-12:30 pm Registration & reception
12:30-1 Luncheon
1-2 Lecture and Q&A

Admission: Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. These reservations must be made at least 48 hours prior to the event. Additional corporate registrants and Japan Society individual members at the Patron Circle level and above pay the discounted corporate member rate of $45 for lunch and lecture, $10 for lecture only. Nonmember admission: $65 for lunch and lecture, $15 lecture only. The academic and government admission rate is $30 for the luncheon and $10 for lecture only. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome.
 
To register for the lecture only, please send email to [email protected].

For information only, please contact the Corporate Program at 212-715-1208.