Political Capital

Private Equity

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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Larry Ellison, chief executive officer of Oracle Corp., at the Oracle OpenWorld 2011 conference in San Francisco.

Photograph by David Paul Morris/Bloomberg

Larry Ellison, chief executive officer of Oracle Corp., at the Oracle OpenWorld 2011 conference in San Francisco.

Techs, Pharmaceuticals Seek Territorial Taxation

Technology and pharmaceutical companies such as Cisco Systems, Oracle and Johnson & Johnson have formed a new coalition to push for lighter taxes on income earned outside the U.S. The LIFT America Coalition — that’s Let’s Invest for Tomorrow —...

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A Bushmaster Firearms rep, right, shows an attendee a semi-auotmatic Bushmaster Enhanced Adaptive Combat Rifle (ACR) at the Bushmaster Firearms booth at the National Shooting Sports Foundation's 34th annual Shooting, Hunting, Outdoor Trade (SHOT) Show.

Photograph by Ethan Miller/Getty Image

A Bushmaster Firearms rep, right, shows an attendee a semi-auotmatic Bushmaster Enhanced Adaptive Combat Rifle (ACR) at the Bushmaster Firearms booth at the National Shooting Sports Foundation's 34th annual Shooting, Hunting, Outdoor Trade (SHOT) Show.

Guns and Private Equity – Cerberus: Teacher-Clients’ Interests in Mind

It didn’t take long for Cerberus to remember who its masters are. The New York-based private equity firm, which takes its name from the mythical three-headed dog that guards the gates of Hell, said late yesterday it would sell Freedom...

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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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Mitt Romney, head of Bain & Company, Inc.

Photograph by David L Ryan/The Boston Globe via Getty Images

Mitt Romney, head of Bain & Company, Inc.

Bain (The Man) Speaks Out

We’ve heard from Bain, the Firm. Now there’s something (a little something) from Bain, the Man. The Daily Beast coaxed the hyper-private Bill Bain into addressing the criticism directed at his namesake firm and his protégé Mitt Romney’s tenure there...

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Priorities’ Bill Burton says the ad, “Stage,” is back by popular demand.

Priorities’ Bill Burton says the ad, “Stage,” is back by popular demand.

`The Stage’ is Set in Ohio: Priorities

Priorities USA Action, the super-PAC backing President Barack Obama, has spent millions portraying the business career of Republican Mitt Romney as ruinous to the lives of people who worked for some of the companies that Romney’s Bain Capital took over....

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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.

Private Equity’s Election Bounce?

Could all this madness actually be good for business? After enduring almost a year of attacks on private equity, one of its chief practitioners seems to think the industry could come out ahead when the November dust settles. Steve Schwarzman,...

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