Sony's headquarters in the 1980s. The company was one of Blackstone's earliest M&A advisory clients.
The wave of Japanese capital in the US crests -- and subsides
STEPHEN SCHWARZMAN
October 16, 2026 07:00 JST
In 1987, a tide of Japanese capital -- led by Nikko Securities -- entrusted vast sums to the buyout fund we were running at Blackstone.
