Stephen Schwarzman Hosting Private Party for Romney, Amid Criticism

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Stephen Schwarzman Hosting Private Party for Romney, Amid Criticism

Blackstone [BX  15.37    0.06  (+0.39%)   ] Co-Chairman Stephen Schwarzman is hosting a party for Republican Presidential candidate Mitt Romney Tuesday evening at his Park Avenue apartment in New York City, a person familiar with the event said.

The private event is for the very biggest New York-based fundraisers of Romney and will follow a bigger event earlier in the evening at the Sheraton hotel in New York, the person said.

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The main topic of conversation at Schwarzman’s apartment is sure to be how theGOP favorite should counter attacks from President Obama about Romney’s record at the helm of private equity-firm Bain Capital during the 1980s, ironically brought to the fore recently by fellow Republican candidates like Newt Gingrich.

 

Helping him strategize tonight along with Schwarzman will be a few current partners at Bain Capital, along with Jets owner Woody Johnson, the person said. Schwarzman, who runs the largest private equity firm at work today, has received similar criticism of his practices and pay in the past, although he’s not running for President.

Read More: http://www.cnbc.com/id/46026091

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