You may have heard that Steve Schwarzman had a big 60th birthday party. That was in 2007.
This week the buzz is the 60th b’day bash for another private equity mogul, Leon Black, last weekend in the Hamptons. A New York Times story on the festivities has elicited a string of bitter reader’s comments.
That has now prompted Dan Primack, a blogger for Fortune, to come to Black’s defense in a posting headlined “Lay Off Leon.” The opening line: “A rich guy threw a party. Get over it.”
Who knew that private equity had friends?