Sunday, May 21, 2017

Blackstone, Saudi Arabia Announce $40 Billion Investment in U.S. Infrastructure



Blackstone, Saudi Arabia Announce $40 Billion Investment in U.S. Infrastructure
by Katherine Rodriguez 20 May 2017
Private equity firm Blackstone Group, in partnership with Saudi Arabia’s sovereign wealth fund, announced that they would commit $40 billion to invest in infrastructure projects, mainly in the U.S.

Blackstone, co-founded by Trump supporter Stephen Schwarzman, entered a non-binding agreement with Saudi Arabia’s Public Investment Fund (PIF) to move forward with this initiative, the Hill reported.

Saudi Arabia’s PIF had agreed to put down $20 billion for the project, while the rest of the money would come from outside investors.

Although Blackstone says the fund has been negotiated between the firms for the past year, the partnership is non-binding, which means that there is not a formal structure for the fund yet and the firms are still discussing certain aspects of the agreement, Forbes reported.

Blackstone and PIF each gave a vote of confidence to the new partnership.

“This potential investment reflects our positive views around the ambitious infrastructure initiatives being undertaken in the United States as announced by President Trump,” PIF managing director Yasir al-Rumayyan said in a statement.

“This will create well-paying American jobs and will lay the foundation for stronger long-term economic growth,” Blackstone president Hamilton James said.

The partnership between the U.S. and Saudi Arabian companies comes as President Trump is visiting Saudi Arabia as the initial stop of his first trip abroad as president.

Trump has already signed a series of agreements with Saudi King Salman solidifying their military and economic partnerships on his first full day in the country.

Blackstone Group
Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Note: Jonathan D. Gray is a director & global head of real estate for the Blackstone Group, and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Mark T. Gallogly was a senior managing director for the Blackstone Group, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Glenn H. Hutchins was a general partner at the Blackstone Group, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Friends of Saudi Arabia was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Abdulaziz bin Abdullah is a co-founder for the Friends of Saudi Arabia, and the deputy minister of foreign affairs for Saudi Arabia.
Saudi Arabia was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Turki bin Faisal Al Saud is a prince of Saudi Arabia, was William J. Clinton’s classmate at Georgetown, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Turki bin Faisal Al Saud is a prince of Saudi Arabia, was an intelligence chief for Saudi Arabia, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Open Society Foundations was a funder for the Bill, Hillary & Chelsea Clinton Foundation, the Human Rights Watch (think tank), the Atlantic Council of the United States (think tank), and the Carnegie Endowment for International Peace (think tank).
George Soros is the founder & chairman for the Open Society Foundations, a member of the Breakthrough Energy Coalition, a friend of Michael Douglas, and was the chairman for the Foundation to Promote Open Society.  
Foundation to Promote Open Society was a funder for the Human Rights Watch (think tank), and the Carnegie Endowment for International Peace (think tank).
Alwaleed bin Talal is a member of the Breakthrough Energy Coalition, and a prince of Saudi Arabia.
John J. Studzinski is a director at the Human Rights Watch (think tank), a director at the Atlantic Council of the United States (think tank), the vice chairman for the Blackstone Group, and was a co-head of investment banking for the HSBC Holdings plc.
Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
HSBC Holdings plc was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
James B. Comey was a director at HSBC Holdings plc, and a director at the Federal Bureau of Investigation (FBI).
Chas. W. Freeman Jr. was a director at the Atlantic Council of the United States (think tank), a U.S. ambassador for Saudi Arabia, and is a trustee at the Carnegie Endowment for International Peace (think tank).
Jessica Tuchman Mathews was the president of the Carnegie Endowment for International Peace (think tank), is a director at the Nuclear Threat Initiative (think tank), a director at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg conference participant (think tank).   
Ed Griffin’s interview with Norman Dodd in 1982    
(The investigation into the Carnegie Endowment for International Peace uncovered the plans for population control by involving the United States in war)    
Carnegie Endowment for International Peace (think tank) was a funder for the Nuclear Threat Initiative (think tank).
Michael Douglas is a director at the Nuclear Threat Initiative (think tank), and a friend of George Soros.
Margaret A. Hamburg was a VP for the Nuclear Threat Initiative (think tank), and is a member of the Markle Task Force on National Security in the Information Age.
Wesley K. Clark is a member of the Markle Task Force on National Security in the Information Age, a director at the Atlantic Council of the United States (think tank), and a senior adviser for the Blackstone Group.
Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Jonathan D. Gray is a director & global head of real estate for the Blackstone Group, and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Mark T. Gallogly was a senior managing director for the Blackstone Group, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Glenn H. Hutchins was a general partner at the Blackstone Group, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Friends of Saudi Arabia was a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Ronald O. Perelman was a funder, 2013 fundraiser chair for the Bill, Hillary & Chelsea Clinton Foundation, and a 740 Park Avenue, New York resident.
Edgar M. Bronfman was a funder for the Bill, Hillary & Chelsea Clinton Foundation, and a 740 Park Avenue, New York resident.
Stephen A. Schwarzman is a 740 Park Avenue, New York resident, and the chairman & CEO & co-founder for the Blackstone Group.

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