The New Tycoons

The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything
By Jason Kelly
Published in September 2012
256 Pages
Thibault’s Score: 4/5

My day to day work at the Adrianople Group has frequently brought me into contact with the private equity industry. This is problematic, as prior to my time at AG, I had never heard of private equity before.

This book has helped clarify and explain many of the interactions that I have had with private equity over the last year. It has de-mystified many of the confusing and complex relationships that I have noticed.

Overall, this is by far the best primer into private equity that I have found. I am recommending it to everyone at the Adrianople Group who is a novice that will soon be working with private equity firms. Many of the firms mentioned in the book are the very firms that I am researching. I could not have found a more topical read.

The caveat is that, unless you are planning on working in or near private equity, this book simply doesn’t have that much useful or interesting information.

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