Blackstone may manage more than $1.3 trillion in **** ets, but president Jon Gray doesn't want the firm's newest class of Gen Z **** ysts thinking like stereotypical employees at a Wall Street giant. To succeed, he says, they should approach their jobs like they're working at a startup.
"Think about wherever you're working, whatever capacity in our firm or elsewhere, how you can be an agent of change, how you can make things better, how you can serve clients in a better way," Gray said in a recent address to Blackstone's newest class of **** ysts, adding they should focus on "this idea of being entrepreneurial."
Gray has spent 34 years at Blackstone and has seen that philosophy play out firsthand. He credits the firm's rise to becoming the world's largest alternative **** et manager to preserving the culture it had as a small business when it was founded by Peter Peterson and Stephen Schwarzman in 1985.
"We're as nimble and entrepreneurial when there's something new that emerges," Gray said. "And yet we can continue to do it at a larger and larger scale."
"The beating heart of the place, that feels the same. Drive, desire to be successful, operate with integrity, be excellent in what we do," he added.

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