Dubai, UAE. 23 February 2012
Khalaf Al Habtoor, the Chairman of the Al Habtoor Group, met with the Steve Scharzman, the Chairman and CEO of the Blackstone Group, on February 21, 2012.
The two men discussed business over dinner at the Habtoor Grand Hotel in Dubai.
Steve Scharzman is a billionaire private equity financer and former investment banker. He co-founded the Blackstone Group in 1985 and was listed amongst Time Magazine's '100 Most Influential People in The World' in 2007.
The Blackstone Group is the world's largest independent alternative asset management company. Based in the US, it offers investment advice and management services at international level. The company's Total Assets under Management were valued at $166.2 billion (Dhs610.48 billion) last year.
"The meeting went very well," commented Al Habtoor afterwards. "Mr Schwarzman is a most interesting man and I think we may well do business together in the future."
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About Al Habtoor Group
The Al Habtoor Group has grown with the UAE, and while best known for construction, it is globally recognized through its involvement in the hotel, automotive, real estate, education, insurance and publishing sectors.
Al Habtoor Group LLC
Dubai 25444, UAE
office: +971 (4) 394 - 1444
fax: +971 (4) 394 - 9990
mobile: +971 (50) 455 - 8133
© Press Release 2012
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