At Deadline.(Late News)

Crain's New York Business | March 26, 2007 | Copyright

The Blackstone Group's 57 senior managing directors pocketed an average of $27.8 million in pay last year, according to the private equity firm's prospectus for its initial public offering. The other 710 employees, including analysts and administrative staffers, received an average of $350,000 in compensation and benefits. Blackstone intends to raise about $4 billion by selling a stake in its management company at a time when financial IPOs by New York firms are doing well.

The chief executives of the largest hospitals in the New York area averaged cash compensation ...

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