Firms Reassess Involvement in Gun Industry in Wake of Florida Shooting
Investing giant Blackstone Group LP asked outside fund managers over the weekend to detail their ownership in companies that make or sell guns, according to people familiar with the matter. The urgent request-Blackstone gave the managers about a day to answer-reflects the snowballing pressure on companies to cut ties with the firearms industry in the wake of this month’s school shooting in Parkland, Fla.