Documents tagged "Blackstone"
Found 2 documents with this tag
HOUSE_OVERSIGHT_028506.txt
Terje Rod-Larsen sent an email on May 27, 2017, to Jeffrey Epstein regarding a US-Saudi arms deal and the Blackstone Infrastructure Fund. The email mentioned that Richard John Nawrot had removed the defense part related to the $110 billion arms deal but highlighted a separate deal done with Blackstone to establish a fund for US infrastructure. The US President, Donald Trump, announced a $100 billion arms package during his first foreign trip to Saudi Arabia, which was aimed at combating terrorism in the region and countering threats from Iran. US defense companies, such as Lockheed Martin and Boeing, benefited from the deal with Saudi Arabia, while the kingdom's sovereign wealth fund also invested in a new Blackstone fund for US infrastructure.
HOUSE_OVERSIGHT_026650.txt
The email discusses the influence of private equity (P-E) in the incoming administration. Key people include Commerce Secretary Wilbur Ross, Blackstone CEO Steve Schwarzman, and attorney Jay Clayton who will lead the SEC. The president-elect has also met with heads of other P-E firms such as Carlyle Group and KKR. A major focus for P-E is carried interest taxation.