The King of Capital: The Story of the Incredible Rise, Fall, and Rebirth of Steve Schwartzman and Blackstone

Original title: King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone
Authors: Carey David, E. Morris John

Publisher: Alpina Publisher, 2014.
ISBN 978-5-9614-4782-8, 978-5-9614-4448-3
Pages: 377 pp.
Format: 70×100/16 (170x240 mm)
Circulation: 1500 copies.
Weight: 730 g
Binding: Hardcover

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Read King of Capital

• Chapters One and Two
• Chapter Four

A book about the formation of an investment company

The book tells the story of the ascent of the world's largest private equity firm, Blackstone to the top of the financial Olympus. It is not just another success story, but a true chronicle of the financial revolution that affected not just Wall Street, but the entire world economic system.

The book describes how private equity funds moved steadily into the spotlight not only of Wall Street financiers but also of the U.S. presidential administration, how Steve Schwartzman disguised under the appearance of wastefulness the fine calculation and cool mind that allowed Blackstone to become one of the leaders in the world of finance.

The authors of the book recreated a detailed chronicle of Steve Schwartzman's transformation from an ordinary bank clerk to a real "king of capital. These facts allow the reader to draw his own conclusions as to whether Blackstone and other private equity players are really only enriching themselves with acquired companies, or whether they are making them stronger and more competitive.

The book will be of interest not only to potential and existing to investorsbut also to a wide range of readers.

• The success story of one of the most famous investment companies in the U.S. with an exact chronology.
• The World's Greatest Financial Crises - A Path to Profit by Steve Schwartzman and his extraordinary management of Blackstone.
• What are private equity funds really - financial predators, or ordinary market participants who adhere to much stricter rules of the game?
• The instruction to apply capitalism in its purest form is to increase the value of private equity companies at any expense.

Authors

David Cary is a leading journalist for the news agency and magazine The Deal, whose main subject is private equity and the mergers and acquisitions market. He has an MA in French Literature from Princeton University (USA) and an MA in Journalism from Columbia University (USA).

John Maurice is the lead reporter for Bloomberg's Merger's newsletter and former deputy editor-in-chief of Investment Banker.