William J. Stein

Senior Managing Director at The Blackstone Group, Inc.

William J. Stein

William J. Stein

Senior Managing Director at The Blackstone Group, Inc.

Overview
RelSci Relationships

6043

Number of Boards

12

Birthday

1962

Age

58

Relationships
RelSci Relationships are individuals William J. Stein likely has professional access to. A relationship does not necessarily indicate a personal connection.

Former President at GSO Capital Partners LP

Relationship likelihood: Strong

Co-Founder at The Blackstone Group, Inc.

Relationship likelihood: Strong

Senior Managing Director, Real Estate at The Blackstone Group, Inc.

Relationship likelihood: Strong

President & Chief Operating Officer at The Blackstone Group, Inc.

Relationship likelihood: Strong

Senior Managing Director, Finance Group at The Blackstone Group, Inc.

Relationship likelihood: Strong

Secretary & Chief Legal Officer at The Blackstone Group, Inc.

Relationship likelihood: Strong

Executive Chairman at Blackstone Mortgage Trust, Inc.

Relationship likelihood: Strong

Executive Officer at Blackstone Energy Partners II LP

Relationship likelihood: Strong

Senior Managing Director, Real Estate at The Blackstone Group, Inc.

Relationship likelihood: Strong

Senior Managing Director & Chief Investment Officer-Real Estate at The Blackstone Group, Inc.

Relationship likelihood: Strong

In The News
SNL Real Estate Daily
July 6, 2017
REIT Replay: Balance shrink
SNL Real Estate Daily
June 13, 2017
Hilton director resigns
SNL Real Estate Daily
August 3, 2016
REIT Replay: Pulling the plug
Paths to William J. Stein
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William J. Stein
Senior Managing Director at The Blackstone Group, Inc.
Education
BBA

The University of Michigan (UM, U-M, UMich, or U of M), frequently referred to as simply Michigan, is a public research university located in Ann Arbor, Michigan, United States. It is the state's oldest university and the flagship campus of the University of Michigan. It is one of the original eight Public Ivy universities and is one of the founding members of the Association of American Universities. It has been ranked among the top five research universities in the US, and among the top 20 universities in the world. U-M also has satellite campuses in Flint and Dearborn.

MBA

The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., the first such school to offer an Executive MBA program, and the first to initiate a Ph.D. program in business. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school. The school's flagship campus is located in the Hyde Park neighborhood of Chicago on the main campus of the university. The school also maintains additional campuses in London and Asia (originally Singapore, but in July 2013 a move to Hong Kong was announced), as well as in downtown Chicago on the Magnificent Mile. In addition to conducting graduate business programs, the school conducts research in the fields of finance, economics, quantitative marketing research, and accounting. Chicago Booth is currently ranked first in the United States by Bloomberg Businessweek and first globally by the Economist.

Career History
Global Head of Asset Management, Real Estate Group
1997 - Current

Blackstone's real estate investments are made in a variety of sectors, geographic locations and business climates. They make a significant number of investments in the lodging sector, major urban office buildings, residential properties, distribution and warehousing centers and a variety of real estate operating companies. Blackstone bases their investment strategy on identifying well-located institutional quality properties that suffer from temporary or correctable flaws in their tenancy, physical attributes, capital structures, market position or management.The firm's real estate philosophy is generally guided by the fundamental premise that future cash flow, not 'trophy status' or fashion, ultimately determines the value of an asset. Blackstone believes that rigorous due diligence, the use of conservative assumptions in projecting cash flows, and careful assessment of possible downside scenarios are the best methods for consistently achieving its objectives.In evaluating any investment opportunity, one of Blackstone's primary considerations is the potential exit strategy. To that end, the firm focuses on making investments in high quality, well-located assets. In addition, factors that reduce the value of an asset (such as ground leases, preemptive rights, long-term management contracts or other restrictions on the owner's control) are scrutinized during due diligence to determine the effects on value. Finally, the firm seeks investments with multiple exit strategies including private one-off sales, portfolio sales within common asset classes, mergers with existing public entities or initial public offerings of stand-alone operating companies.

Senior Managing Director
1997 - Current

The Blackstone Group, Inc. engages in the provision of investment and fund management services. It operates through the following segments: Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Private Equity segment consists of flagship corporate private equity funds, Blackstone Capital Partners funds, sector-focused corporate private equity funds, including energy-focused funds, Blackstone Energy Partners funds, and core private equity fund, Blackstone Core Equity Partners. The Real Estate segment includes management of core real estate fund and non-exchange traded restate investment trusts. The Hedge Fund Solutions segment comprises of Blackstone Alternative Asset Management, which manages hedge funds and includes Indian-focused and Asian-focused closed-end mutual funds. The Credit segment includes GSO Capital Partners LP, which manages credit-oriented funds. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York, NY.

Vice President, Treasurer & Senior Managing Director
Current
Boards & Committees
Chairman of the Board
2013 - 2014

La Quinta Holdings, Inc. engages in the management and operation of franchises hotel chains. It operates through the following segment: Owned Hotels and Franchise & Management. The Owned Hotels segment manages hotels located in the United States of America. The Franchise and Management segment refers to licenses and agreements from owned, franchised, and managed hotels. The company was founded on December 9, 2013 and is headquartered in Irving, TX.

Political Donations
$2,500
2013

Vice Chairman & Managing Director at Moelis & Co.

$2,600
2013

Representative at Office of the Representative from Florida's 21st District, Lois Frankel

$20K
2012

Senator at Office of the Senator from Utah, Mitt Romney

Transactions
Details Hidden

Hilton Grand Vacations, Inc. issued USD Common Stock

Details Hidden

Blackstone Real Estate Income Trust, Inc. purchases Hyatt Place UC Davis from 173ODRE9 GL Owner LLC

Details Hidden

Brixmor Property Group, Inc. issued USD Common Stock

Public Holdings
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