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Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [3]: 45–56 [4] The founders named their firm "Blackstone" using a cryptogram derived from their names: "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word ...
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
In the United States, certification and licensure requirements for law enforcement officers vary significantly from state to state. [1] [2] Policing in the United States is highly fragmented, [1] and there are no national minimum standards for licensing police officers in the U.S. [3] Researchers say police are given far more training on use of firearms than on de-escalating provocative ...
The CHP also works with municipal and federal law enforcement agencies, providing assistance in investigations, patrol and other aspects of law enforcement. The California Highway Patrol is the largest state police agency in the United States, with 11,000 employees, over 7,600 of whom are sworn officers, according to a study in December 2019.
A private police force, or private police department, in the United States is a law enforcement agency that is: owned, operated, or otherwise controlled by a non-government entity such as a private corporation, or [ 1][ 2] a law enforcement agency whose primary function is to provide contract based security services to private entities in a ...
The Los Angeles Police Department ( LAPD ), officially known as the City of Los Angeles Police Department, is the primary law enforcement agency of Los Angeles, California, United States. [5] With 8,832 officers [5] and 3,000 civilian staff, [2] it is the third-largest municipal police department in the United States, after the New York City ...
The United States Secret Service (USSS or Secret Service) is a federal law enforcement agency under the Department of Homeland Security with the purpose of conducting investigations into currency and financial-payment crime, and protecting U.S. political leaders, their families, and visiting heads of state or government. [3]