King of Capital

By David Carey, John E. Morris

Categories: Business & Money

King of Capital, by journalists David Carey and John E. Morris, is the history of the Blackstone Group, the private equity firm founded in 1985 by Stephen Schwarzman and Peter G. Peterson. Published in 2010, the book follows Blackstone from a small advisory shop through the leveraged buyout boom, near failures and its 2007 public offering, and explains how private equity firms buy, restructure and sell companies, and how the industry fared in the 2008 financial crisis.

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