Chairman of the Blackstone Group and the Council on Foreign Relations to Speak at Pace Forum

Paul Maidment, executive editor of Forbes and editor of Forbes.com, will interview Peter G. Peterson, chairman and co-founder of The Blackstone Group, chairman of the Council on Foreign Relations, and founding chairman of the Institute for International Economics (Washington, D.C.). Peterson served as chairman of the Federal Reserve Bank of New York from 2000 to 2004. He was named Assistant to the President for International Economic Affairs in 1971, and Secretary of Commerce in 1972 by President Nixon.

Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, wcaldwell@pace.edu

MEDIA ADVISORY

NOTE:
Seating is extremely limited. Members of the media must RSVP to wcaldwell@pace.edu

December 2, 2004

PETER G. PETERSON, CHAIRMAN OF THE BLACKSTONE GROUP AND THE COUNCIL ON FOREIGN RELATIONS, TO SPEAK AT PACE UNIVERSITY’S GLOBAL FINANCE LEADERSHIP FORUM, DECEMBER 6

WHO: Paul Maidment, executive editor of Forbes and editor of Forbes.com, will interview Peter G. Peterson, chairman and co-founder of The Blackstone Group, chairman of the Council on Foreign Relations, and founding chairman of the Institute for International Economics (Washington, D.C.). Peterson served as chairman of the Federal Reserve Bank of New York from 2000 to 2004. He was named Assistant to the President for International Economic Affairs in 1971, and Secretary of Commerce in 1972 by President Nixon.

WHAT: Global Finance Leadership Forum: “Open Dialogue with Peter G. Peterson.”

This is the fifth event of its kind organized by the Lubin School’s Center for Global Finance. Past forums have featured NASDAQ Stock Market president Robert Greifeld; World Bank president James D. Wolfensohn; Congressman Michael Oxley (R-Ohio); Robert D. Hormats, vice chairman of Goldman Sachs International; John Lipsky, chief economist of J.P. Morgan Chase & Co.; and Paul Volcker, former chairman of the Federal Reserve Board. The event is hosted by the Center for Global Finance and the Accounting Department of Pace University’s Lubin School of Business, in conjunction with Forbes.com and Gartner Inc.

WHEN: Monday, December 6. Continental breakfast at 8 a.m. Discussion from 8:20 to 9:30 a.m.

WHERE: Forbes Building, 60 Fifth Avenue (between 12th and 13th Streets), New York City.

PETERSON BIO: Peter G. Peterson is chairman and co-founder of The Blackstone Group, a leading global investment and advisory firm founded in 1985. The firm has raised in excess of $30 billion for alternative asset investing since its formation, including over $14 billion for private equity investing.

Peterson is chairman of the Council on Foreign Relations, founding chairman of the Institute for International Economics (Washington, D.C.) and founding president of The Concord Coalition. He is the co-chair of The Conference Board Commission on Public Trust and Private Enterprises (co-chaired by John Snow, currently Secretary of the Treasury). He was also chairman of the Federal Reserve Bank of New York from 2000 to 2004.

Prior to founding Blackstone, Peterson was chairman and CEO of Lehman Brothers (1973-1977) and later chairman and CEO of Lehman Brothers, Kuhn, Loeb Inc. (1977-1984). He was chairman and CEO of Bell and Howell Corporation from 1963 to 1971.

In 1971, President Richard Nixon named Peterson Assistant to the President for International Economic Affairs. He was named Secretary of Commerce by President Nixon in 1972. At that time he also assumed the chairmanship of President Nixon’s National Commission on Productivity and was appointed U.S. chairman of the U.S.-Soviet Commercial Commission, which negotiated comprehensive trade, Ex-Im credit, arbitration, copyright and lend-lease agreements.

Peterson was formerly a director of Sony Corporation, Minnesota Mining and Manufacturing Company, Federated Department Stores, Black & Decker Manufacturing Company, General Foods Corporation, RCA, The Continental Group, and Cities Service.

Peterson is a trustee of the Committee for Economic Development, the Japan Society and the Museum of Modern Art and a director of the National Bureau of Economic Research, the Public Agenda Foundation and The Nixon Center.

Peterson is the author of several books, including Running on Empty: How the Democratic and Republican Parties are Bankrupting Our Future and What Americans Can Do About It; Gray Dawn: How the Coming Age Wave Will Transform America – and the World; Will America Grow Up Before It Grows Old?; and Facing Up: How to Rescue the Economy from Crushing Debt and Restore the American Dream.

He has been awarded honorary PhD degrees by Colgate University, Georgetown University, George Washington University, Northwestern University, New School University, the University of Rochester, and Southampton College of Long Island University.