Photograph by Ken Cedeno/Bloomberg
Retired Army General David Petraeus, pictured as the top U.S. commander in Iraq, in 2007.
Petraeus ‘All In’ for Private Equity?
KKR & Co. the private-equity firm run by Henry Kravis and George Roberts, is in discussions with former Central Intelligence Agency Director David Petraeus about a role at the company, according to a person with knowledge of the talks....
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Photograph by Victor J. Blue/Bloomberg
Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.
Schwarzman Hopes to Hold James
Steve Schwarzman doesn’t want to lose his right-hand man. Asked whether his chief operating officer, Hamilton “Tony” James, could be the next Treasury secretary, the Blackstone Group CEO told CNBC this morning that such a prospect worries him — not...
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Photograph by Victor J. Blue/Bloomberg
David Rubenstein, co-chief executive officer of Carlyle Group LP.
Rubenstein: Markets Expect No Cliff
Written with Jason Kelly What would David Rubenstein do? That was the question posed to the private-equity tycoon and former Carter administration policy wonk today in Washington, as the town stares down a so-called fiscal cliff that, if breached, would...
Read more »John Roberts’ Role in KKR’s Profits
Does private-equity giant KKR have Chief Justice John Roberts to thank for a stellar quarter? Yes and no. The storied buyout firm, run by cousins Henry Kravis and George Roberts, today posted second-quarter profits of $520 million, more than double...
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Photograph by Kiyoshi Ota/Bloomberg
Wilbur L. Ross Jr., chairman and chief executive officer of W. L.Ross & Co. LLC.
Ross: Private-Equity Rhetoric Hurts
If you ask private-equity executives whether the campaign rhetoric surrounding Mitt Romney’s buyout past is hurting business, most will wave you off. For billionaire investor Wilbur Ross, on the other hand, the effect has been real — and he’s ready...
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Photograph by Peter Foley/Bloomberg
Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.
Private Equity’s `Miserable’ Defense
In a year when political ads attacking private equity are becoming the norm, the chief of the world’s largest buyout firm has some blunt words for his peers. “I think the industry has done a miserable job of marketing,” Blackstone...
Read more »Levy: Obama Needs McDonald’s Fundraiser for Wall Street
Barack Obama has lost another supporter from private equity. Paul Levy, a managing director at JLL Partners, voted for Obama in 2008 but now says that if the president were a company, he would not invest in it. Levy told...
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Photograph by Thomas Lee/Bloomberg
Jonathan M. Nelson, chief executive officer of Providence Equity Partners Inc.
Trading Obama, Clinton for Romney
Jonathan Nelson, the billionaire co-founder of Providence Equity Partners, supported Hillary Clinton and contributed to Barack Obama in the 2008 election. But as the private-equity executive told Bloomberg TV’s Cristina Alesci, Nelson is backing Mitt Romney this time around, saying...
Read more »Clinton: Romney’s `Sterling’ Career
The ranks of Democrats defending Republican Mitt Romney’s career as a buyout executive have grown with a high-profile addition: former President Bill Clinton. In an interview last night on CNN, the Obama campaign surrogate refused to fall in line with...
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Photograph by Emmanuel Dunand/AFP/Getty Images
A demonstration against Mitt Romney in front of the Waldorf Astoria hotel as Romney holds a campaign fundraiser in New York on March 14, 2012.
Romney’s Bain Stain
When Newt Gingrich released a 28-minute film painting Mitt Romney as a corporate raider who profited from struggling companies, the Romney campaign said it expected that type of criticism not from Republicans, but from President Obama. That criticism has arrived. The Obama campaign...
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