That’s what The Washington Post dubbed Blackstone’s chairman and CEO. The story says that Schwarzman dined with the President in Palm Beach, Florida, the night after Trump announced trade sanctions targeting China. Schwarzman has attempted to persuade Trump to see the big picture of American-China relations and avoid confrontations with China, the story reports.

The story also reported that China’s sovereign wealth fund has sold off the last of its Blackstone shares. The fund bought an almost-10-percent stake in Blackstone shortly before the company went public in 2007.