NEW YORK — Blackstone, one of the world’s largest investment firms, announced it is has reached its goal of hiring 50,000 American military veterans, caregivers and spouses across its portfolio of companies, one year ahead of its original five-year target. The firm has also committed to a new goal of hiring 50,000 additional military veterans, caregivers, and spouses in the next five years.
Blackstone made the initial 50,000 job commitment in April 2013 as part of the White House’s “Joining Forces” initiative championed by First Lady Michelle Obama and Dr. Jill Biden, encouraging private sector hiring of veterans.
Stephen Schwarzman, Blackstone’s Chairman, CEO and Co-founder, said: “America’s military veterans embody the traits that help our portfolio companies succeed and grow. These men and women are hardworking, adaptable, collaborative, reliable, and possess the highest integrity. We are excited about the success of this initiative and look forward to expanding its impact in the future to support our country’s veterans and their loved ones.”
These hiring goals are just one part of Blackstone’s broader efforts to support the country’s veterans. For additional information on Blackstone’s veterans hiring efforts, please visit http://www.blackstone.com/careers/veterans-initiative.