The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything
Author | : | |
Rating | : | 4.90 (844 Votes) |
Asin | : | B00BMZI5N6 |
Format Type | : | |
Number of Pages | : | 366 Pages |
Publish Date | : | 2017-01-01 |
Language | : | English |
DESCRIPTION:
Crew, Toys "R" Us, and Burger King have in common? They are all currently or just recently were owned, operated, and controlled by private equity firms. This is the story of the money and the men who handle it. What do Dunkin' Donuts, J. The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything takes the listener behind the scenes of these firms: their famous billionaire founders, the overlapping stories of their creation and evolution, and the outsized ambitions that led a group of clever bankers from small shops operating in a corner of Wall Street into powerhouse titans of capital. With numerous private equity firms going public for the first time, learn how these firms operate, where their money comes from and where it goes, and how every day millions of customers, employees, and retirees play a role in that complex tangle of money Author Jason Kelly tells the story of how 30 some years ago a group of colleagues with $120,000 of their own savings founded what would become one of the largest private
Bruce said Follow the Money. I first heard about `The New Tycoons' via Bloomberg radio. Having at least a tangential familiarity with the private equity business I was curious about the historical aspects of the business and the sometimes colorful background of the key players, not to mention how those huge sums of money were derived.All of these items are well documented here as is the way PE grew (and continues to grow) in the current market environment - the latter not nearly as robust as its seminal formative years. Not surprisingly, the founders of PE . "Great look inside the worls of Private Equity" according to Chris Wadden. The book details how private equity has morphed into niche LBO's into almost every industry. He gives a inside look and history at the big guys on how they started and how they created the wave of buyouts. A good read for anyone who wants to understand the basics on how these guys work. Five Stars Collin Entertaining, enthralling, and a little appalling.