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© Reuters. Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo
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© Reuters. Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo
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NEW YORK (Reuters) – Private equity firms Blackstone (NYSE:) Inc and Carlyle Group (NASDAQ:) Inc will reimburse U.S. employees’ expenses for traveling out of state to access abortion reproduction care services.
Other Wall Street firms, including J.P. Morgan and Goldman Sachs (NYSE:), have announced similar measures after the U.S. Supreme Court overturned its landmark 1973 Roe v. Wade ruling that guaranteed a woman’s constitutional right to an abortion.
A Blackstone spokesperson confirmed its new policy in a statement to Reuters. Carlyle Chief Executive Kewsong Lee notified staff about the new benefit in a memo on Monday, a spokesperson said.
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