Peter G. Peterson, Blackstone's Co-Founder, Dies at 91 - Bloomberg
Economics

Peter G. Peterson, Blackstone's Co-Founder, Dies at 91

  • Rebuilt Lehman Bros., then left amid power-sharing struggle
  • He co-founded Blackstone, world’s largest private-equity firm
Peter G. Peterson, the Wall Street rainmaker with global connections, has died at the age of 91.(Source: Bloomberg)
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Peter G. Peterson, the Wall Street rainmaker with global connections who emerged from a fight for control of Lehman Bros. to become a billionaire as co-founder of the private-equity firm Blackstone Group LP, has died. He was 91.

He died Tuesday at his home in New York City, according to an emailed statement from his family.