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The New Tycoons

Inside the Trillion Dollar Private Equity Industry That Owns Everything

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The New Tycoons

By: Jason Kelly
Narrated by: Brett Barry
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About this listen

What do Dunkin' Donuts, J. 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.

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. This is the story of the money and the men who handle it.

Go inside the private worlds of founders Henry Kravis, Steve Schwarzman, David Bonderman, and more in The New Tycoons, and discover how these men have transformed the industry and built the some of the most powerful and most secretive houses of money in the world.

  • 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 equity shops in the world, completing the biggest buyout the world has ever seen, and making them all billionaires in the process
  • Presents a never-before-seen look inside a secretive and powerful world on the verge of complete transformation as the industry and its leaders gain public profiles, scrutiny, and political positions

Analyzing the founders and the firms at a crucial moment, when they've elevated themselves beyond their already lofty ambitions into the world of public opinion and valuation, New Tycoons looks at one of the most important, yet least examined, trillion-dollar corners of the global economy and what it portends for these new tycoons.

©2012 Jason Kelly (P)2012 Gildan Media
Business Investing & Trading
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Fascinating and Informative Journey Through the LBO and PE world

As someone not involved in this world I was fascinated t learn the history and the terminology as well as the broad mechanics of the sector .. a good listen well worth it

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Good PE Overview

Good overview into the world of private equity and the inner working of what dives most if not all of the worlds economy.

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Mitt Romney is one of the founders of Bain Capital

A great insight into the inner workings of private equity, historical context to Bain Capital, KKR and Blackstone and the impact of decisions made in today’s private equity markets.

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Tedious

This book reads like a desk diary of an investment banker only more turgid. I thought the book failed to engage or enlighten.

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