February 2, 2018 / 10:23 PM / in 10 months

BRIEF-Blackstone Group Says Peter Grauer Stepping Down From Board Of Blackstone Group Management Llc

Feb 2 (Reuters) - Blackstone Group LP:

* ON JAN. 30, 2018, PETER GRAUER INFORMED CO HE WAS STEPPING DOWN FROM BOARD OF BLACKSTONE GROUP MANAGEMENT LLC EFFECTIVE IMMEDIATELY

* GRAUER TAKING THE ACTION DUE TO BLACKSTONE FUNDS’ PENDING ACQUISITION OF MAJORITY STAKE IN F&R DIVISION OF THOMSON REUTERS CORP

* IN CONNECTION WITH GRAUER’S DEPARTURE, SIZE OF BLACKSTONE GROUP MANAGEMENT LLC’S BOARD REDUCED FROM 11 MEMBERS TO 10 MEMBERS

* GRAUER IS CHAIRMAN OF THE BOARD OF BLOOMBERG LP Source text: bit.ly/2GGG9k3 Further company coverage:

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