New Tycoons Author Jason Kelly
Just in time for huge uptick in public scrutiny of private equity, Bloomberg reporter Jason Kelly has authored the book, The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything.
In an exclusive and wide-ranging interview with Privcap CEO David Snow, Kelly describes how a family trip to Legoland the inspired him to write the book, which “follows the money” flowing from institutional investors through private equity funds, into thousands of private businesses and back to investors, including public pensioners.
Kelly discusses the reception he received from GPs while researching the book, what he learned about the individual “titans” he profiles, what GPs are saying privately about the Romney presidential campaign, and why he things the wealth creation opportunities of private equity’s golden era are over.
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