Pete Peterson, '51, Describes His Path

Published on July 01, 2009

Pete Peterson, ’51, the child of Greek immigrants who ran a 24-hour diner in Nebraska, rose to head The Blackstone Group and made a hefty profit when he cashed out his stock in 2007, a tale he relates in his newly published memoir, Education of an American Dreamer. A New York Times review notes, “he demonstrated a rare gift for combining his pioneering market research statistics with keen insights into human behavior in analyzing business and political issues.”

The book also relates how after leaving Blackstone, he launched the Peter G. Peterson Foundation to spur action on long-term economic problems in the United States.

To learn more, read a conversation with Peterson in Chicago Booth Magazine.