The New Tycoons
The New Tycoons looks at one of the most important, yet least examined, trillion-dollar corners of the global economy and what it portends for new tycoons. 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. This is the story of the money and the men who handle it.
Praise for The New Tycoons
"Jason Kelly has tenaciously reported on the private equity industry during its boom and bust. This lively book gives the reader a highly readable and enjoyable 'bird's-eye view' of some of the most interesting and traumatic years in the industry's history."
― Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School
"Jason Kelly provides a fascinating account of the transformation of the private equity industry from relative obscurity a few decades ago to a major player in corporate America today. His book is a must-read for anybody who wants to know the individuals and the decisions they made that created this trillion-dollar industry. The New Tycoons is well written as well as informative from the first to the last page."
― James R. Barth, Lowder Eminent Scholar in Finance, Auburn University
"In The New Tycoons, Jason Kelly provides an inside look at the private equity industry today. He does a terrific job of describing the fascinating histories and current strategies of many of the major private equity players."
― Steven N. Kaplan, Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance, University of Chicago Booth School of Business
"Jason's book delves into what's behind the private equity curtain, describing both the business and its impact. As he was granted unparalleled access to the chieftains of private equity, the book has insights that both the private equity professional and casual reader can appreciate. At a time when people are wondering what this industry is all about, this is an easy read and a thorough explanation of important industry and its global presence in our lives."
― Paul Schaye, Managing Director, Chestnut Hill Partners, LLC