Political Capital

Devin Banerjee

Retired U.S. Army general Wesley Clark sits on a panel hosted by the Clinton Foundation to recognize 15-year anniversary of the Dayton accords on February 9, 2011 in New York City.

Photograph by Spencer Platt/Getty Images

Retired U.S. Army general Wesley Clark sits on a panel hosted by the Clinton Foundation to recognize 15-year anniversary of the Dayton accords on February 9, 2011 in New York City.

Private Equity’s Dueling Generals – Clark Sees ‘Opportunity’

Updated at 4:45 pm EDT with Clark interview You’ve been to hell and back, fighting the most advanced wars in history. In the process, not only has the array of stars on your shoulders swelled, but so has your Rolodex:...

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Retired Army General David Petraeus, pictured as the top U.S. commander in Iraq, in 2007.

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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Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

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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David Rubenstein, co-chief executive officer of Carlyle Group LP.

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...

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Wilbur L. Ross Jr., chairman and chief executive officer of W. L.Ross & Co. LLC.

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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Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

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...

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Jonathan M. Nelson, chief executive officer of Providence Equity Partners Inc.

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...

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Bill Clinton

Photograph by Johannes Simon/Getty Images For 2nd CGDC Annual Meeting 2012

Bill Clinton

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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