Kelly The New Tycoons

Inside the Trillion Dollar Private Equity Industry That Owns Everything
1. Auflage 2012
ISBN: 978-1-118-24081-6
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 256 Seiten, E-Book

Reihe: Bloomberg

Inside the Trillion Dollar Industry That OwnsEverything
What do Dunkin' Donuts, J. Crew, Toys "R" Us, and Burger Kinghave in common? They are all currently or just recently were owned,operated, and controlled by private equity firms. The NewTycoons: Inside the Trillion Dollar Private Equity Industry ThatOwns Everything takes the reader behind the scenes of thesefirms: their famous billionaire founders, the overlapping storiesof their creation and evolution, and the outsized ambitions thatled a group of clever bankers from small shops operating in acorner of Wall Street into powerhouse titans of capital. This isthe story of the money and the men who handle it.
Go inside the private worlds of founders Henry Kravis, SteveSchwarzman, David Bonderman, and more in The New Tycoons,and discover how these men have transformed the industry and builtthe some of the most powerful and most secretive houses of money inthe world.
* With numerous private equity firms going public for the firsttime, learn how these firms operate, where their money comes fromand where it goes, and how every day millions of customers,employees, and retirees play a role in that complex tangle ofmoney
* Author Jason Kelly tells the story of how thirty some years agoa group of colleagues with $120,000 of their own savings foundedwhat would become one of the largest private equity shops in theworld, completing the biggest buyout the world has ever seen, andmaking them all billionaires in the process
* Presents a never-before-seen look inside a secretive andpowerful world on the verge of complete transformation as theindustry and its leaders gain public profiles, scrutiny, andpolitical positions
Analyzing the founders and the firms at a crucial moment, whenthey've elevated themselves beyond their already lofty ambitionsinto the world of public opinion and valuation, New Tycoonslooks at one of the most important, yet least examined,trillion-dollar corners of the global economy and what it portendsfor these new tycoons.

Autoren/Hrsg.

Kelly, Jason

Inhaltsverzeichnis

A Visual Tour of Private Equity xi
Deciphering Private Equity xv
Prologue xix
Chapter 1 Find the Money 1
Chapter 2 All the Money in the World 19
Chapter 3 The L Word 43
Chapter 4 You Bought a Toilet Seat? "When Was the LastTime" 55
Chapter 5 Modern Art 73
Chapter 6 Put on Your Boots 95
Chapter 7 Aura of Cool 111
Chapter 8 Hundreds and Billions 123
Chapter 9 Take This Exit 141
Chapter 10 The Taxman Cometh 155
Chapter 11 It's a Steve, Steve, Steve World 165
Chapter 12 Not-So-Private Equity 187
Afterword 199
Notes 203
Acknowledgments 211
About the Author 215
Index 217

Über Autor(innen)

JASON KELLY is a reporter with Bloomberg News based in New York. He covers the global private equity industry and is a frequent contributor to Bloomberg Television and Bloomberg Businessweek. During his ten years with Bloomberg, Kelly has also followed the technology industry and written about issues ranging from the aftermath of Hurricane Katrina to economic development during the war in Afghanistan. Prior to joining Bloomberg, he was the editor in chief of digitalsouth magazine, a publication focused on technology and finance in the Southeast and Texas.