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Legends Live @Citi: Steve Schwarzman

Legends Live @Citi  •  April 27, 2026
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HIGHLIGHTS

  • Citi recently hosted Chairman, CEO and Co-Founder of Blackstone Steve Schwarzman as part of the firm's ongoing global speaker series, Legends Live @Citi, connecting audiences with leaders from different industries
  • Under Steve, Blackstone established an analytical investment process, prioritizing decision-making and rigorous debate to protect investor capital
  • Blackstone applies a philosophy of identifying enduring investment themes and fostering a high-performance culture to guarantee sustained growth

Citi hosted Blackstone Chairman, CEO and Co-Founder Steve Schwarzman for the latest session of Legends Live @Citi.

Steve is a legendary figure in finance who transformed Blackstone from a boutique advisory firm into the world's largest alternative asset manager. During the session, he shared candid insights on building a high-performance culture, the entrepreneurial grit required to overcome early failures and the investment themes, like AI and data centers, shaping the future. He also discussed his influential philanthropic work, including the Schwarzman Scholars program designed to shape the next generation of global leaders, and his foundation’s focus on education, medical innovation and the responsible advancement of AI.

Steve Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with $1.3 trillion in assets under management. He is an active philanthropist, with a history of transformative giving in support of education, culture, and the arts, among other areas.

In 2019, Schwarzman published What It Takes: Lessons in the Pursuit of Excellence, a New York Times best seller, which draws on his experiences in business, philanthropy and public service.

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Leon Kalvaria is a member of the Client Organization Management Committee, and Citi’s Private Equity Investment Oversight Committee. Previously, Leon was Chairman of Citi’s Institutional Clients Group. Before that, he was Global Head of Consumer and Healthcare Investment Banking.

Leon joined Schroders in 1996 as Global Head of Consumer Banking, and Citigroup in 2000 following the merger of the two companies.

Prior to Schroders, Leon served as Vice Chairman and a Director of Triarc Companies, an investment company, and as Managing Director in the Mergers & Acquisitions Group at Credit Suisse First Boston. Leon was also a pioneer in the interest rate swap market at First Boston and a founding member of ISDA.

Leon has advised numerous Chief Executive Officers and Boards of Directors in some of the largest and most complex global mergers and acquisitions, recapitalizations and public offerings.

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