Sources: Bloomberg, Private Equity Growth Capital Council, Preqin, firm and pension websites
Subtitled Inside the Trillion Dollar Private Equity Industry that owns Everything, Kelly tries to demystify the complex world of private equity through telling the stories of the leading characters and key firms in the industry.
A Bloomberg news reporter, Kelly is familiar with his subject and he traces the mushrooming of this industry from a relatively small niche area of financial service into a globally powerful phenomenon.
The book has a timely edge given the presidential candidacy of Mitt Romney, a former chief executive of Bain Capital, and is certainly well researched.
Kelly notes that he is trained to look for surprise and that as he researched the book, the omnipresence of the industry surprised even him. So much is owned by the industry, and the appetite to run the numbers on businesses that are not, appears to be relentless.
Kelly does his best to make the complex simple with glossaries and charts; it is a challenging read nonetheless.
Although interesting for the general reader, the book will be of most interest to those who work in the global financial services industry and who can relate readily to the firms under consideration here. (Irishtimes.com, November 2012)
PRETTY GOOD BOOK ON SUBJECT>A BUY IF INTERESTED IN CORRUPTION IN CORPORATE POWERPublished 1 month ago by Lonnie W. Morris Jr.
This is a good, fast read for those new to the world of Private Equity and looking for an introduction to the history, major players, and a high level view of the structure of the... Read morePublished 1 month ago by Anton Romash
I was asked to read this book for work. So far I have only made it through the first chapter. Reads like a history book with lots of names and dates. Read morePublished 1 month ago by Mary D.
This is a very good book about the inner workings and players in the Private Equity world.Published 8 months ago by Steven R. LeBlanc
If you're not familiar with the industry, this book is a good start. It has lots of stories on leading firms. Read morePublished 8 months ago by Masa
Great read, beginnings of the PE industry explained in an entertaining way, easy to read, definitely recommend it if working in financial servicesPublished 8 months ago by Alfredo Apestegui