
Revolving Door in Private Equity
A revolving door between Wall Street, The City of London, banking, government, Ivy League academia, athletes and celebrities, the private equity industry is an emblematic display of economic inequality on steroids. People flock to private equity in search of personal fortune and plunder. A gold rush of rapacious greed, the private equity industry is lightly taxed, highly secretive, nontransparent, illiquid and has tax loopholes large enough to drive an 18-wheeler through.
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Ironically, private equity and other alternative investments get the lion share of its investment capital from public pension funds for teachers, firefighters, police and other government entities, where public pension funds create private equity billionaires. Even if the investments fail, or go bankrupt, which they often do, private equity evades accountability with lawyers and government officials driving the getaway car. The scorched earth capitalism left in the industry’s wake is repugnant, and the taxpayer is left holding the bag.
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In the end, it is the Main Street taxpayer who foots the bill for lavish government pensions and makes hundreds of private equity titan’s billionaires. If you follow the money, it is a vampire squid and a sign of the American empire decline, much like Rome. Here are some of the most recognizable individuals in the industry today.
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Darius Adamczyk after a 16-year stint at Honeywell International, in Charlotte, N.C. and as CEO from 2017 to 2023, joined Goldman Sachs as advisory chairman of private equity investments and operations in 2024.
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Dan Akerson was the head of global buyouts for The Carlyle Group before he became CEO of the government and taxpayer bailout of General Motors in 2010. In January 2014, Akerson resigned from GM, and rejoined The Carlyle Group as vice-chairman of the board and special advisor.
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Saad Afadly the former CEO of Saudi Arabia’s $320 billion pension fund, announced that in August 2025 he would be joining the giant Brookfield Saudi Arabia operations as chairman. Afadly previously worked in Hassan Investments, where he was CEO for more than a decade.
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Jessica Alba the actress has been backed by private equity and venture capital of The Honest Company.
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Marc Anthony is the co-founder of Magnus Media, a private equity backed entertainment platform.
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Bernard Arnault is one of the wealthiest men in the world, whose family owns the luxury goods company LVMH which owns 75 fashion and luxury brands including Louis Vuitton, Sephora, Moet Hennessey, Tiffany & Co. In 2026, the family holding company, Groupe Arnault merged with Catterton Partners, the private equity firm founded by former U.S. Treasury Secretary William E. Simon. The merged company, based in Greenwich, Conn. was rebranded L Catterton.
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Bernard Attali is the former chairman of Air France and has been a special advisor to private equity giant TPG.
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James A. Attwood Jr., a former Verizon EVP and ex-Goldman Sachs banker is a senior advisor to The Carlyle Group.
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Lloyd J. Austin III is the U.S. Secretary of Defense under U.S. President Joseph Biden. After a military career in the armed forces, Austin worked for Washington, D.C. based private equity firm Pine Island Capital Partners with Anthony Blinken.
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Kelly Ayotte is a former U.S. Senator from New Hampshire and became a director of the Blackstone Group in August 2019. Ayotte became the governor of New Hampshire in 2024.
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Joseph Bae, who once worked as a banker at Goldman Sachs has become a managing partner of KKR Asia, and head of KKR’s infrastructure and energy businesses.
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Brad Bailey a former aide to two Republican speakers of the House, in November 2024 joined the private equity giant KKR & Co. in November 2024 as a managing director in public policy. Bailey also spent five years at the private equity lobbying group, American Investment Council.
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James Baker III, a former Secretary of State former President of the United States has been a special partner for the giant Carlyle Group.
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Vindi Banga, a former top executive of Unilever Company, joined Clayton, Dubilier & Rice as an operating partner in the London office in June 2010.
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Tyra Banks is a founder and investor in consumer and media companies backed by private equity.
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Timothy R. Barakett is was one of the founders of Atticus Capital, founded by Nathaniel Rothschild,5th Baron Rothschild and Barakett. He runs a family office TRB Advisors based in New York, is Treasurer of Harvard University and took over as chair of Harvard Management in June 2024 with more than $50 billion. Hard wired to private equity, on March 13, 2025, Barakett was appointed as a board of director to KKR & Co., one of the world’s largest private equity firms.
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Craig Barrett, the former CEO of Intel has served in advisory roles for venture capital firms such as Tallwave Capital
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George Barrett, the former CEO of Cardinal Health has had multiple board roles on private equity backed companies and has been an advisor to KKR & Co. in healthcare.
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Jose Manuel Barraso the former President of the European Commission was the non-executive Chairman of Goldman Sachs International, a major private equity investor.
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Evan Bayh a former Democratic two-term governor (1989-1997) U.S. Senator from Indiana (1999-2011) is known for saving private equity’s favorite loophole, carried interest. Bayh became a senior advisor to Apollo Global Management in January 2011.
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Richard Beattie, a top mergers and acquisitions lawyer who was immortalized in the book, “Barbarians at the Gate” worked under U.S. President Jimmy Carter in the Department of Health and Human Services. Beattie became prominent in New York City politics serving on the Board of Education. Beattie was one of the top lawyers for Henry Kravis & KKR & Co.
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Joshua Bekenstein is a senior trustee of Yale University and has worked at Bain Capital since 1984 and became a co-chairman of Bain in 2016. Yale has roughly $1 billion invested with Yale. Major Bain Capital leveraged buyouts which have ended up in bankruptcy include Gymboree, Clear Channel Communications (iHeart Media) and Toys R’ Us. According to Wikipedia, the Bekensteins donated $18.7 million to Democratic party during the 2020 election cycle.
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Doug Bergeron the former chairman/CEO of Verifone serves as a senior advisor to GTCR.
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Walt Bettinger is the former CEO of investment giant Charles Schwab. In March 2025 he joined the New York based private equity firm Clayton, Dubilier & Rice to help the private equity firm plunder the financial services sector. In 2024, CD& R teamed up with Stone Capital Partners to purchase Truist Financials’ insurance brokerage unit in a $15.5 billion leveraged buyout.
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Frank Bisignano, the former co-chief operating officer of JP Morgan Chase left the banking giant in April 2013 to become chief executive of the debt laden portfolio company First Data Corp, the credit card processing company owned by KKR & Co taken over in a 2007 $27 billion LBO.
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Avi Berkowitz was a former White House staffer under U.S. President Trump’s first presidency and was a key advisor to the Abrahma Accords. Berkowitz in 2024 works for Affinity Partners, the private equity firm run by President Trump’s son-in-law, Jared Kushner.
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Ben Bernanke the former Chairman of the Federal Reserve has worked with PIMCO and as a senior advisor to Citadel.
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James Biden, uncle to Hunter Biden and brother of former U.S. President Joe Biden purchased a hedge fund Paradigm Global Advisors with an $8 million promissory note. The hedge fund was heavily involved in the Ponzi scheme of Stanford Financial Group. Like his nephew Hunter, Biden received a Presidential pardon from his brother Joe Biden in 2025.
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Robert Hunter Biden, the second son of former U.S. President Joe Biden. Hunter was a founding board member of BHR Partners, a Chinese investment and private equity firm, on the board of Burisma Holdings, one of the largest natural gas providers in the Ukraine, as well as a lobbyist, hedge fund principal and a venture capital/private equity investor. Biden has also worked as a consultant to MBNA, the credit card company now owned by Bank of America, where MBNA was one of his father’s largest campaign contributors. Despite being found guilty of tax evasion and firearms charges, Hunter received a full and unconditional Presidential pardon from his father Joe Biden on December 1, 2024 covering all federal offenses committed between January 1, 2024, and December 1, 2024.
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Frank Bisigano is the typical banker/financier first working at American Express, Citigroup, JPMorgan until about 2013 when he became CEO of First Data Corp., backed by private equity giant KKR & Co. One of the highest paid men on Wall St., he made $100 million in compensation in 2017 alone. Sold company to Fiserv in 2019 in all stock deal for $22 billion. Most recent compensation from Fiserv in 2023 was $27.94 million. In true revolving door tradition, in December 2024 U.S. President Donald Trump appointed Bisignano as commissioner of the Social Security Commission and in October 2025 he was appointed the CEO of the IRS. Fiserv stock tumbled nearly 41% in the same month, losing $29 billion in value blaming its losses on Argentina, recently bailed out by the U.S. Treasury with a $20 billion currency swap line, and an additional potential $20 billion of financing relief from banks and sovereign wealth funds.
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Benjamin Black, son of private equity titan Leon Black of Apollo Global Management who paid the sexual predator Jeffrey Epstein more than $170 million in fees, is CEO of Osiris Acquisition Corp and Fortinbras Enterprises, a credit investment fund. A graduate of Wharton, Harvard Business School and Harvard Law School, U.S. President Donald Trump appointed Black to become CEO of the United States International Development Finance Corporation in February 2025. Early in his career Black worked for his father’s firm.
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Tony Blair, the former UK Prime Minister, has been a special advisor to multiple private equity funds and sovereign wealth funds.
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Anthony Blinken prior to becoming U.S. Secretary of State and a career politician, Blinken has been a partner in the Washington, D.C. based private equity firm Pine Island Capital Partners.
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Michael Bloomberg, former Mayor of New York City, Bloomberg has been deeply involved in private equity after founding Willet Advisors, with more than $100 billion of
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Richard Blum was an investor and husband of U.S. Senator Dianne Feinstein from California. He was President of Blum Capital, a private equity firm headquartered in San Francisco. In 2002, Blum was appointed as one of the Regents of the University of California. With Golden Gate Capital, Blum Capital acquired Payless Shoes in $1.3 billion leveraged buyout, became another part of private equity retail apocalypse, after dividend recap, filed bankruptcy twice in 2017 and 2019. See Dianne Feinstein. Blum died in 2022, Feinstein in 2023.
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Richard Blumenthal, Democrat U.S. Senator from Connecticut, and married into considerable wealth, his father-in-law Peter Malkin was chair of a major Manhattan real estate which was the rival to Donald Trump.
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John Bolton who was a senior advisor to the private equity firm Rhone Group and worked for U.S. President Donald Trump as a national security advisor, and known for his combative approach, rejoined the Rhone Group in 2019.
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Steve Bolze was a 25-year General Electric executive and head of GE’s power business. Passed over for the executive CEO job at GE, Bolze jumped ship and joined the Blackstone Group’s infrastructure-investing business in October 2017.
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Bono born Paul David Hewson in Dublin, is the lead singer of the Irish rock bank U2 is a well-known activist who fought against AIDs and poverty in Africa. Bono, who is incredibly wealthy, was a founding Manager of Elevation Partners, the former Menlo Park, Calif. based private equity firm. Founded in 2004, Elevation Partners was formed by former Silver Lake private equity partners Roger McNamee and Marc Bodnick. According to legend, Elevation Partners firm was named after U2's song "Elevation". Bono joined Elevation Partners shortly after its creation. In 2016, Bono became a special advisor to TPG Inc. Nasdaq: TPG, the giant Wall Street private equity firm based in Fort Worth, Texas. He was recruited by the billionaire TPG founder David Bonderman and a key TPG executive William McGlashan Jr. who ran The Rise Fund.
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Erskine Bowles was a General Partner of Forstmann Little after serving as head of the Small Business Administration and on White House staff for President Clinton. Bowles worked for Morgan Stanley from 1969 to 1972 and in 2014 became the lead director for Morgan Stanley’s board of directors.
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John Bond, is the former chairman of HSBC Holdings, Inc., the British banking giant and has been a senior advisor to KKR & Co.
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Bill Bradley the U.S. Senator and former presidential candidate has been a senior advisor to Allen & Company.
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Tom Brady, seven ring Super Bowl champion of the New England Patriots, has his own private equity firm Autograph, but actively partners with Knighthead Capital Management and Centaurus on leveraged buyouts such as Hertz and Wheels Up, as well as ownership in the Las Vegas Raiders and other sports teams.
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Todd Bradley is a former executive in software and hardware businesses who worked at Hewlett-Packard, Mozido, Palm, GE Capital Transport, AC Nielsen and FedEx. Bradley worked as an operating partner at One Equity Partners, and in 2024 joined Niobrara Capital, a New York private equity firm founded with former U.S. Secretary of State Mike Pompeo and Chip Schorr.
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Gordon Brown the former left-leaning member of UK’s Labour Party, joined the Swiss based private equity firm Partners Group in 2019.
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Ron Burkle is founder of the California based private equity firm Yucaipa Partners, and is a billionaire largely due to private equity investments involving public pension funds. A major Democratic donor, Burkle employed former U.S. president Bill Clinton after he left the White. Burkle and Clinton used his personal jet extensively and also flew with Jeffrey Epstein on his personal jet to Africa, according to flight records obtained by Gawker.
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William J. Burns is a former ambassador to Russia, a former ambassador to Jordan, a former Deputy Secretary of State, and once was president of The Carnegie Endowment. In July 2015, Burns became a senior advisor to the Blackstone Group.
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George H.W. Bush, the former United States President was a special advisor to The Carlyle Group.
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George W. Bush the son, was a former U.S. President as well. W used Bush name to become managing partner in Texas Rangers baseball team, sold team to Texas leveraged buyout king Tom Hicks for $250 million in 1998, making Bush a fortune. Texas Rangers defaulted on debt in 2009 and filed bankruptcy in 2010. Bush blessed the leveraged speculation empire in 2003, when with the help of Columbia University’s R. Glenn Hubbard, pushed dividend and capital gains rates down to 15% driving gold rush into leveraged finance which includes private equity, hedge funds and real estate. W Bush was also an advisor to Caterair, a carveout leveraged buyout of an airline food service company from Marriot Corp. by The Carlyle Group. Financed mostly with junk bonds, Caterair defaulted in 1994 and was nicknamed “Craterair”.
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Jeb Bush is the former Governor of Florida, brother to George W. Bush and son of George H. W. Bush. Jeb worked as an advisor to Lehman Brothers private equity division and set up a private equity firm Britton Hill Holdings LLC based in Coral Cables, Florida with investment bankers from Credit Suisse and Lehman Brothers. In a failed U.S. presidential bid following his father and brother, Jeb’s major donors for his failed run included Goldman Sachs, Morgan Stanley, Bank of America/Merrill Lynch, Neuberger Berman, and Barclay’s PLC. Bush now has Finback Investment Partners, a private equity firm based in Coral Cables, Florida.
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Jeb Bush Jr. son of Jeb Bush is a founding partner of Finback Investment Partners
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Toni Bush is a Director for Ares Management and has been a Senior Advisor to News Corp. Formerly a partner at Skadden, Arps, Slate, Meagher, & Flom LLP, she has served as Senior Counsel to the Communications Committee of the U.S. Senate Committee on Commerce, Science and Transportation.
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Jin-Yong Cai is a Chinese dealmaker, former Goldman Sachs partner and the former head of the World Bank private-sector investment arm. In 2016, Cai joined TPG Capital to develop investments in emerging economies.
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David Calhoun is a former General Electric executive who was incentivized with a $100 million compensation package contingent upon certain performance goals when he was recruited to run the Dutch and media conglomerate VN/Nielsen Holdings NV, the ratings company that monitors what television you watch and employs 35,000. Calhoun received a $43 million package for joining Nielsen. Media company was acquired in a 2006 $9.85 billion club deal leveraged buyout involving The Blackstone Group, The Carlyle Group, KKR & Co., and Thomas H. Lee Partners. In 2013, Calhoun left Nielsen and headed portfolio operations at The Blackstone Group. A director of Boeing since 2009, he became CEO of Boeing in 2020.
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David Cameron the former U.K. prime minister was employed by Greensill Capital, the London based payment advance and startup company whose major investors included SoftBank, Credit Suisse, Morgan Stanley, Citigroup and General Atlantic the U.S. based private equity firm who put $250 million into company started by Lex Greensill. Greensill filed bankruptcy in the U.S. in March 2021, with estimated losses of about $3 billion, though Cameron reportedly was paid $10 million before Greensill’s collapse, according to the BBC. Cameron since leaving the collapsed Greensill, Cameron joined the hedge fund Caxton and PayCargo, a freight payments business. In February 2025, Cameron announced he would be joining Finback Investment Partners, a private equity firm founded by Jeb Bush, former governor of Florida who also run an unsuccessful bid for U.S. president in 2016.
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Frank Carlucci is a former Secretary of Defense and has worked for The Carlyle Group as a special advisor.
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David Cameron, the former UK Prime Minister, was one of the infamous senior advisors for Greensill Capital, backed by private equity firms General Atlantic, Softbank, Credit Suisse and others which filed a massive bankruptcy in March 2021.
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John Campbell is a retired U.S. Army General. In May 2016, Campbell joined the operating executive board of private equity firm J.F. Lehman & Co., a New York based private equity firm.
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Eric Cantor after losing the House Majority Representative in 2014, Cantor went to work for Moelis & Co. as a banker, vice chairman and managing director.
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Gaston Caperton from 1988 to 1996 was the former governor of West Virginia. Caperton later joined Leeds Equity Partners as vice chairman of the advisory board.
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Mark Carney is a Canadian economist, who went to Harvard and went on to get master’s and PhD at Oxford. Carney spent 13 years at Goldman Sachs in offices in Boston, London, New York, Tokyo, and Toronto. In 2007 he became a governor for the Bank of Canada. A globalist, Carney has served as chairman of the International Bank of Settlements, the Group of Thirty, the Bilderberg Group and the Basel Switzerland Financial Stability Board. To top that off, he became the Governor of the Bank of England and became the United Nations special envoy for climate change in 2020. In October 2020 he became vice chairman of Brookfield Asset Management, the giant Toronto based private equity firm. In August 2023, Carney was named by billionaire Michael Bloomberg as chair of the new board of directors of media and terminal giant Bloomberg LP. In March 2025, Carney was elected Prime minister by Canada’s ruling Liberal Party.
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Graydon Carter, the former editor in chief of Vanity Fair magazine, in February 2019 announce it was launching a new media company, Air Mail, which was to be funded by TPG Growth, the private equity giant. On July 20, 2019, Air Mail was launched, which Carter said TPG was the majority owner.
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Michael Cavanaugh was one of the top lieutenants for Jamie Dimon, the president of JP Morgan Chase and once one of the apparent heirs when Dimon retires. In March 2014, Cavanaugh left the bank and went to work for The Carlyle Group.
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John Chambers, former CEO of Cisco founded JC2 Ventures focused on digital startups.
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Saxby Chambliss the former Republican U.S. Senator from the State of Georgia is a partner of Pine Island Capital Partners founded by former Goldman Sachs banker John Thain.
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Alex Chi is co-head of Goldman Sachs private credit arm in the Americas. In July 2025, The Carlyle Group announced through an internal memo that Chi would join Carlyle in 2026.
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Bruce R. Chizen, the former CEO of Adobe (2000-2007) has been a senior advisor to Permira Growth Opportunities, and an advisor to Voyager Capital.
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Elaine Chao is the former U.S Secretary of Labor under George W. Bush and was Secretary of Transportation under U.S. President Donald Trump. Married to U.S. Senator Mitch McConnell from Kentucky since 1993, Chao has served on the Board of Directors of Kroger, ChargePoint Holdings and Mobileye Global, Inc.
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Chris Christie the former Governor of New Jersey, and former U.S. Attorney General has been a Senior advisor to White Deer Energy
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Wesley Clark was the former NATO Supreme Allied Commander in Europe. In 2012, Clark was hired by The Blackstone Group as a director of Blackstone-owned Fisterra Energy, a company that finances power projects in Latin America, the Middle East and Europe.
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Jay Clayton is an attorney who specialized in mergers and acquisitions with Sullivan & Cromwell serving banks such as Goldman Sachs. A lawyer to Wall Street, who made millions annually, corporate clients have included Deutsche Bank, UBS, Softbank Group, Weinstein Company, Valeant Pharmaceuticals and Ally Financial. In January 2017, President-elect Donald Trump nominated Clayton to become chairman of the Securities & Exchange Commission. Under Clayton’s tenure, private equity investments were endorsed as part of 401(k) target-date mutual funds. Under his tenure at the SEC, the SEC pursued the fewest number of insider trading cases since the Reagan administration. After leaving the government, Clayton was appointed in the newly created role of lead independent director at private equity firm Apollo Global Management, and rejoined Crowell & Sullivan. In the continuing revolving door between Wall Street and the government, with the election of Donald Trump, Clayton is scheduled to become the U.S. Attorney for the Southern District of New York, one of the most important legal positions in the U.S.
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Hillary Rodham Clinton was paid $200 thousand in 2012 to speak at an investor meeting for The Carlyle Group. Husband Bill Clinton was paid a similar amount to speak at Apollo Global Management. In 2013, Hillary collected another $200 thousand from KKR & Co. to speak at an investor meeting. Her son-in-law also works for TPG.
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William Jefferson Clinton, former U.S. president, went to work for California based Yucaipa Partners—owned by private equity billionaire and supermarket magnate Ron Burkle, making millions by helping Burkle get billions from public pension plans such as CalPERS. Clinton was a key pitchman for the for-profit education firm, Laureate Education, the 2007 leveraged buyout owned by KKR, George Soros and SAC Capital (owned by Steven Cohen—whose firm paid $1.2 billion to settle insider trading charges in 2013).
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Gary Cohn spent twenty years at Goldman Sachs, where he once was president. Cohn served as a chief economic advisor to Donald Trump during his first term. In 2021, Cohn became vice chairman of IBM. In 2025, Cohn Apollo Global Management announced that it had appointed Cohn as the private equity firm’s lead independent director.
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Sarah Cole who previously worked with the Canadian pension plan Alberta Investment Management Corp. as a managing director joined Ares Management Corp in July 2025.
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Timothy Collins if the founder & CEO of Ripplewood Holdings, on the board of Citigroup, and was intimately involved in the takeover of the Japanese bank Shinsei Bank with J.C. Flowers, supposedly one of the most profitable leveraged buyouts ever. Ripplewood has also been involved with the leveraged buyouts of Readers Digest and Hostess Bakeries, which both filed bankruptcy.
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Bill Conaty served as head of GE’s human resources from 1993 to 2007. In 2008, Conaty joined Clayton, Dubilier & Rice as an advisor.
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Phil Cooper is a former Goldman Sachs partner, and founded the Washington, D.C. based Pine Island Capital Partners with former Goldman Sachs alum John Thain.
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Michael Corbat is the former CEO of Citigroup who retired in 2021. Corbat represented Hong Kong based CK Hutchinson on the $22.8 billion sale of 40 worldwide ports in March 2025 acquired by the private equity infrastructure business BlackRock Global Infrastructure which includes two major ports of the Panama Canal.
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Jon Corzine was a former bond trader, Goldman Sachs partner, U.S. Senator, and former governor from New Jersey. Corzine helped bring Goldman Sachs public, and later was CEO of MF Global, a futures broker and bond dealer backed by private equity titan J.C. Flowers. In 2011 MF Global blew up and filed bankruptcy, one of the largest bankruptcies in U.S. history.
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Bert Crouch of Invesco, who was in private credit and commercial real estate at Invesco, was named the as the head of the commercial real estate division of Apollo Global Management in October 2025. Crouch will report to David Sambur, the co-equity chief of Apollo Global Management.
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Stephen Curry is the famous basketball star who has his own private equity firm SC30 which specializes in tech, sports, and media startups.
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William Daley Barack Obama’s Chief of Staff & Commerce Secretary under Clinton went to work for Argentiere Capital and have previously worked at JPMorgan Chase in private equity.
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Neda Daneshzadeh, a former Morgan Stanley banker with an MBA from Harvard Business School and an economics degree from Cambridge, was a private equity banker for L Catterton for 12 years. In 2017, she started her own private equity firm Prelude Growth Partners which is focused on consumer brands.
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Sanjiv Das was the chief executive of CitiMortgage, the mortgage lending arm of Citigroup. In April 2014, Das went to work First Data Corp as chief of staff. First Data was a highly indebted leveraged buyout by KKR & Co.
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Tom Daschle a former Democratic U.S. Senator from the State of South Dakota, is a partner with the Washington, D.C. based private equity firm Pine Island Capital Partners founded by former Goldman Sachs banker John Thain.
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Ralph de la Torre was a Cuban American who was formerly a surgeon and CEO of the non-profit Boston based Caritas Christi Health Care. In 2010 de la Torre became the CEO of Steward Health Care from 2010 to 2024, owned by Cerberus Capital Management. In August 2024, one of private equity largest deals in hospital ownership, the 30-hospital chain filed bankruptcy.
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Leonardo DiCaprio has been a venture capital investor in Beyond ESG oriented startups such as Aspiration Partners which filed bankruptcy in 2025.
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Robert DeNiro co-founder of Nobu Hospitality, expanded globally with the backing of private equity.
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Jamie Dimon is the CEO of JPMorgan Chase, one of the world’s largest suppliers of syndicated debt for private equity firms.
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John Dineen was the former CEO of GE Healthcare. In October 2014, Dineen joined Clayton, Dubilier & Rice as an advisor.
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Chris Dodd the former Democratic U.S. Senator from Connecticut became a consultant to The Carlyle Group.
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Tom Donilon is a lawyer, and a career politician advising presidential campaigns of Jimmy Carter, Walter Mondale, Joe Biden, Mike Dukakis, Bill Clinton, Barack Obama, and Hillary Clinton. Donilon served as a National Security Advisor to the Obama administration. His brother Mike Donilon is also a lawyer and political consultant to President Joe Biden. Donilon is now Chairman of the BlackRock Investment Institute, the think tank of the world’s largest asset manager.
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Patrick Doyle stepped down as CEO of Domino's Pizza in June 2018 and joined The Carlyle Group in August 2019 to invest in retail and consumer brands in need of "tech transformation."
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Dr. Dre the musician was involved with Beats Electronics/The Carlyle Group and its acquisition by Apple Computer/
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Shar Dubey is the former CEO of Match Group, who operates 40 online dating services such as Tinder, Match.com, OkCupid, Plenty-of-Fish and Our Time. In October 2022, Dubey joined Boston based private equity firm Advent International.
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Arne Duncan was the former U.S. Secretary of Education under former U.S. President Barack Obama. In April 2017, Duncan announced he was joining the $2 billion Rise Fund, controlled by Texas Pacific Group. The Rise Fund also includes U2’s lead singer Bono, who is a special partner to TPG Growth.
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Kevin Durant, a superstar of the NBA’s Seattle Supersonics and Phoenix Suns, founded Thirty Five Ventures with longtime business partner Richard Kleiman. Investments have included Coinbase, Postmates, media and sports ventures.
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John Edwards is an American lawyer and former politician who represented North Carolina in the U.S. Senate from 1999-2005. Edwards was the vice-presidential nominee under U.S. Senator John Kerry’s run for U.S. president in 2004. In 2008, after his own presidential campaign, he was charged with violating campaign laws. Though he was not convicted of any crimes, a revelation came about where he had an extramarital affair and fathered a child, while his wife Elizabeth Edwards was dying of cancer. In 2005, Edwards joined the private equity firm Fortress Investment Group as a senior advisor.
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Rahm Emanuel is an American career Democratic politician has been the White House chief of staff under U.S. President Barack Obama, and has been the 55th mayor of Chicago, worked for U.S. president Bill Clinton. Emauel has worked as a financier at Wasserstein Perella and been a major force in the Democratic party. Emauel joined the investment bank and private equity firm Centerview Partners in June 2019, and in 2021 became U.S. Ambassador to Japan under U.S. President Joe Biden, and rejoined Centerview Partners in April 2025.
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Mark Esper the U.S. Secretary of Defense has been a special advisor to AE Industrial Partners in aerospace and defense investments.
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Chuck Feeney was the Irish-American businessman who made his fortune as co-founder of Duty Free Shoppers Group. For more than a decade, the frugal billionaire was the sole investor in General Atlantic, which developed out of his family office, Atlantic Philanthropies.
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Steven Feinberg is CEO of Cerberus Capital Management, the New York private equity firm named after the three-headed dog that guards the gates to hell. Worth $7.3 billion in 2024, his private equity firm which has clients such as public pension plans from California and Pennsylvania, in 2018 Feinberg during Donald Trump’s first term as president became the head of the President’s Intelligence Advisory Board. In 2025, Feinberg was in the running to become the second in command at the Pentagon. Companies that have gone bankrupt under Cerberus’s sponsorship include Chrysler, GMAC/Ally Bank, Remington Outdoor, Steward Health Care and others. Feinberg is an alum Drexel Burnham Lambert, the junk bond powerhouse that went bankrupt in the late 1980s. In the continuing revolving door between Wall Street and the Federal Government, in March 2025, Feinberg took the No. 2 job at the Defense Department after being confirmed by the U.S. Senate in March 2025.
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Dianne Feinstein. California U.S. Senator was married to billionaire Richard Blum, private equity financier who own Blum Capital Partners, who at one point was chairman of the University of California Board of Regents. Blum was a war profiteer and oversaw collapse of ITT Education Services, bankruptcy of Payless Shoes and more.
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Trevor Fetter, the former CEO of Tenet Healthcare has worked as a Senior Advisor to TPG Capital.
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Mark Fields is the former CEO of Ford Motor Company. Fields joined private equity giant TPG Capital in October 2017 as a Senior Advisor.
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Francois Fillion the former Prime Minister of France has served as a private equity advisor to T-Squared Capital and other investment firms.
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Jonathan Finer is a former journalist and joined the Obama administration as a White House Fellow. A foreign policy speech writer and Deputy National Security Advisor under U.S. President Joe Biden, Finer works for Warburg Pincus as head of political risk and public policy.
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Carly Fiorina, the former CEO of HP, and former Presidential candidate has served on the board of numerous private equity backed companies.
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Jay S. Fishman was once CEO of the insurance giant The Travelers and joined the board of directors of The Carlyle Group in 2012. Fishman resigned from Carlyle in 2015 due to health reasons.
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Michele Flournoy a former Undersecretary for Defense, who also co-founded the Center for New American Security, is a partner in Pine Island Private Equity Partners, the Washington, D.C. based private equity firm founded by former Goldman Sachs banker John Thain.
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Alejandro Foxley the former Finance Minister of Chile and Foreign Minister, has been a special advisor to various private equity funds in South America.
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Ford M. Fraker is a former U.S. ambassador to Saudi Arabia, and has been a senior advisor to KKR & Co.
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Tully Friedman was formerly a managing director of Salomon Brothers before setting up San Francisco based private equity firm Friedman, Fleischer & Lowe in 1997. In 1984, Friedman, along with Warren Hellman, a former Lehman Brothers investment banker founded the giant private equity firm Hellman & Friedman, also based in San Francisco. Notable companies owned include Getty Images, Nasdaq, Gartmore Investments, Athenahealth, Kronos, and At Home. Friedman once owned the second most valuable home in the United States.
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Bill Frist the former Republican Senate Majority Leader from Tennessee was an advisor to the private equity firm Cressey & Company.
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Mark Gallogly was a major Barack Obama campaign contributor having helped collect more than $500,000 for the 2012 race. Formerly of The Blackstone Group and co-founder of Centerbridge Partners, Gallogly has served on Obama’s Economic Recovery Advisory Board and also became a member of Obama’s Job Council Group in 2012.
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Timothy F. Geithner was the 75th former U.S. Treasury Secretary under Barack Obama and George W. Bush. In 2014, Geithner became the president of private equity giant Warburg Pincus.
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Pat Gelsinger was the former Intel CEO who failed to turn around the troubled chip maker and was ousted from Intel in 2024. In 2025, Gelsinger joined the venture firm Playground Global, a venture capital firm founded in 2015 based in Palo Alto, California.
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Julius Genachowski was on President Barack Obama’s Intelligence Oversight Board and was Obama’s first chairman of The Federal Communications Commission. Genachowski has been a Managing Director and Partner of The Carlyle Group and on the Board of Directors of MasterCard and Sonos.
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Dick Gephardt the former U.S. Democratic Senator from the State of Missouri, is a partner in the private equity firm Pine Island Capital Partners based in Washington, DC founded by former Goldman Sachs banker John Thain.
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Austin Gerber in July 2025, Gerber who worked in secondary private equity sales with Morgan Stanley, left for a position at Miami, FL based H.I.G. Capital.
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Louis V. Gerstner, Jr. is the former CEO of IBM and went to work as chairman of The Carlyle Group in 2003 as a special advisor.
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Newt Gingrich is the former speaker of the U.S. House of Representatives who left Congress in 1999. Gingrich served on the board of advisors Forstmann Little & Co. from 1999 to 2001. In 2016, Gingrich joined JAM Capital Partners, a private equity firm headquartered in St. Simons Island, Georgia as a strategic advisor.
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Rudy Giuliani was once the Mayor of New York City and chairman of the advisory board of Leeds Weld private equity fund connected to the former Massachusetts Governor William Weld.
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Felipe Gonzalez the former Prime Minister of Spain has been the advisor to a number of private equity firms and served on boards.
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Al Gore was U.S. Vice President under Bill Clinton. Upon leaving the White House, Gore went to work as an advisor to the private equity firm Kleiner Perkins Caufield & Byers.
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James Gorman the former Morgan Stanley CEO and Disney chair became Chairman Emeritus of Morgan Stanley in January 2025 announced he joined the private equity firm General Atlantic as a senior advisor. General Atlantic was founded by the deceased billionaire Chuck Feeney, who built his economic empire with duty free shops.
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Robert Grady former policy administrator for President George H.W. Bush and NJ Governors Kean and Christie, has worked with The Carlyle Group, Robertson Stephens and Summit Partners.
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Jennifer Granholm was the former governor of Michigan and sworn in as the Secretary of Energy under U.S. President Joseph Biden administration. In 2018, Granholm became a partner at Ridge-Pine Capital Partners, a private equity firm with offices in Washington, D.C., New York and Palo Alto, Calif.
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Linda Thomas-Greenfield has been a career diplomat and in 2020 U.S. President Joseph Biden appointed her as ambassador to the United Nations. Thomas-Greenfield has also partnered with Albright Stonebridge Group, an international private equity consultant.
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Joseph Grundfest, a professor at Stanford Law School and once the youngest SEC commissioner, has been a partner at the private equity giant KKR.
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Yash Gupta, a Morgan Stanley banker involved in private equity secondaries sales, left the bank for a position at Miami, FL based private equity firm H.I.G. Capital.
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Avril Haines is a lawyer and has worked as a Deputy National Security Advisor and Deputy Director of the CIA under the Obama administration. In 2020, U.S. President Joe Biden she became the first woman to become the Director of National Intelligence. In 2019, Haines became a member of Tikehau Capital, a private equity firm with offices in Paris, London, Brussels, Madrid, New York, Seoul, Milan, and Singapore.
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Stephen Harper the former Prime Minister of Canada, is chairman and partner in the private equity firm Awake Capital.
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Michael Harrington, who worked in risk management for aerospace and defense contractor Lockheed Martin, joined Clayton, Dubilier & Rice in April 2025 in a similar position.
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Kevin Hart, the actor and comedian and founder of HeartBeat Media Group, is backed by private equity.
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Kevin Hassett, a former economic advisor to U.S. President Donald Trump under his first term, in 2025 works for Affinity Partners, the Miami based private equity firm controlled by Jared Kushner, Donald Trump’s son-in-law.
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William Hawkins president and CEO of Immucor and former CEO of Medtronic has been a special advisor to TPG.
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Paul Hazen who was once was chairman and CEO of Wells Fargo (1995-2001) has been a partner at KKR & Co.
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Tony Hayward the former CEO of BP who was ousted out of the company over the Deepwater Horizon in the Gulf of Mexico in 2010. In 2020, Hayward joined The Carlyle Group to oversee the company’s onshore Columbia oil business.
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Heidi Heitkamp the U.S. Senator from North Dakota, has been a senior advisor to energy and infrastructure firms.
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Warren Hellman was the former was the former head of investment banking for Lehman Brothers, and Chairman of Lehman Brothers. In 1984, Hellman founded the giant private equity firm Hellman & Friedman based in San Francisco, ranked one of the top private equity firms in the world. Companies owned included Getty Images, SimpliSafe, Kronos, Athenahealth, Nielsen Company and Gartmore Investments. The company also has offices in New York and London.
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Kenneth Hersh the co-founder and former CEO of NGP Energy Capital was appointed as a senior advisor to The Carlyle Group in 2012.
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John Hickenlooper the founder of Wynkoop Ventures is a former U.S. Senator and former Colorado Governor.
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Stuart Holliday was the former U.S. Ambassador for Special Political Affairs at the United Nations., and the CEO of Meridian International Center in Washington, D.C. Holliday is a partner in the Washington, D.C. based private equity firm Pine Island Capital Partners. Holliday speaks on international issues in appearances like the Milken Institute Global Conference in May 2024.
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Joe Holleran, a banker at Morgan Stanley in private equity secondaries sales, left the bank in July 2025 to work for Miami, FL based H.I.G. Capital.
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Jean Hsu , formerly the global head of private debt at the $558.2 billion California Public Employees’ Retirement System () , Sacramento, was named to boards of trustees at Antares Capital in July 2025 to help grow the alternative credit manager’s business development companies (BDCs) for institutional and individual investors. Antares Capital is a private equity debt firm based in Chicago.
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Lim Hwee Hua the former Singapore Deputy Prime Minister in October 2011 joined KKR as a senior advisor. He is also an advisor with OakNorth Bank.
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Jeffrey Immelt is the former CEO of General Electric which eventually disintegrated over his 16-year tenure as CEO. After exiting GE in 2017, in 2018 he became a venture capital partner of New Enterprise Associates based in Menlo Park, Calif.
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Walter Isaacson is a best-selling author and former CEO of CNN and was director of liberal think tank the Aspen Institute. Isaacson joined the private equity firm Perella Weinberg Partners in 2017.
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LeBron James, the basketball superstar owns the private equity firm The SpringHill Company along with its partner, the private equity giant RedBird Capital Partners. James specializes in sports investments and media distribution.
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Sajid Javid, the former UK MP and chancellor, known as Sir Sajid Javid, and a conservative, joined the London based Centricus as a private equity advisor in March 2023.
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Jay-Z has been involved in Marcy Venture Partners, which backed Uber, SpaceX, and Oatly.
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Bobby Jindal is the former Governor of Louisiana. In August 2017 Jindal went to work for the giant Los Angeles based private equity firm Ares Management.
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Dwayne “The Rock” Johnson the pro wrestler and actor, owns the private equity firm Seven Bucks Productions, and has products such as Teremana Tequila, and other consumer brands.
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Magic “Earvin” Johnson has his own private equity firm MJE Enterprises, key owner of the EquiTrust Life Insurance Company and has partnered with Mark Walter of Guggenheim Partners and Todd Boehly of Eldridge Industries. Johnson, a billionaire, has owned portions of the Los Angeles Dodgers, the Washington Commanders, Los Angeles Football Club.
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Michael Jordan the famed basketball player is a partner in Courtside Ventures which specializes in sports, media and consumer brands.
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Andrea Jung, the former CEO of Avon, has served as board member on multiple private equity backed companies. Avon filed bankruptcy in 2024.
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Kenneth Juster, a partner at private equity firm Warburg Pincus, was named deputy assistant to President Donald J. Trump in January 2017 where he advised the president, White House staff, officials in the Treasury, Commerce and State Department on international economic policy. Juster was Under Secretary of Commerce from 2001 to 2005 in export policy, and between 1989 to 1993 he served in senior roles for the State Department. Juster has been on the board of Warburg Pincus companies such as Bridgepoint Education. The for-profit education company, rebranded as Zovio, went into liquidation in 2022.
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John Kasich, the former Governor of Ohio, and presidential candidate, has been a senior advisor to McKinsey & Co. and other private equity backed firms.
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Khloe Kardasian has a private equity firm Good American.
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Kim Kardasian has her own private equity firm SKIMS who has partnered with Thrive Capital, Imaginary Ventures and D1 Capital.
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Robert F. Kennedy Jr. an environmental attorney and U.S. Presidential candidate in 2024, was named a venture partner with VantagePoint Venture Partners in 2009, and served as a Senior Advisor for the Highmore Group Advisors LLC, a New York based firm advising in private equity/alternative investments, Kennedy makes most of his money as a litigator known for litigation pharmaceutical companies.
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Bob Kerrey the former U.S. Senator and Governor of Nebraska, has been involved with as a managing director for Allen & Company.
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John Kerry is a lawyer, career politician, the former U.S Democratic Senator from Massachusetts, former 68th U.S. Secretary of State, and a former U.S. Presidential candidate. Kerry was one of the wealthiest men in Congress for 15 years as he was married to Teresa Heinz Kerry, the widow of Sen. H. John Heinz III of Pennsylvania of the Heinz ketchup fortune. The Christian Science Monitor reported Kerry was worth at least $198 million back in 2012—the wealth pile became much larger after the leveraged buyout of Heinz foods in 2013 for $23 billion executed by billionaire Warren Buffett’s Berkshire Hathaway, and billionaire Jorge Paulo Lemann’s private equity firm 3G Capital which became a disaster. In April 2018, Kerry announced he was becoming a special senior advisor to TPG’s Rise Fund, a $2 billion private equity fund. In 2021, Kerry returned to the Federal government and became U.S. special presidential envoy for climate under Joe Biden. In 2024, Kerry joined the green investment plunge and announced he was joining the billionaire Tom Steyer in a new climate change fund, Galvanized Climate Solutions.
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Fred Kindle, the former CEO of ABB Ltd (NYSE:ABB), a leading automation and electric systems, became a partner of the New York based private equity firm Clayton, Dubilier & Rice in June 2008.
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Kip Kirkpatrick began his private equity career at First Chicago Bank as a management trainee under a program called First Scholars Program. After First Chicago merged with NBD and Bank One, he helped form One Equity Partners, the private equity firm owned by JPMorgan Chase. In 2005, Kirkpatrick formed Water Street Healthcare Partners. In 2013, he founded The Vistria Group with Marty Nesbitt.
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Ron Klain is an attorney, career politician, lobbyist and has collaborated with Democrats Ed Markey, Bill Clinton, Al Gore, Barack Obama, and Joe Biden who in 2020 appointed Klain as White House Chief of Staff. Klain worked for Revolution LLC; the private equity firm founded by AOL co-founder Steve Case. Klain has a lucrative career at the international law firm, O’Melveny & Myers where he serves business clients such as private equity firms.
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Scott Kleinman is another Wharton graduate who first worked in investment banking at now the defunct Smith Barney, Inc. Kleinman joined Apollo Global Management in 1996 and is co-president of Apollo Global Management. He is also on the board of directors of Apollo as well as Athora Holding Ltd., its off-shore life and annuity division.
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Christopher Korge is an attorney, investor and is a big Democratic fund raiser based in Southern Florida. Known as a bundler, Korge was a major fund raiser for Al Gore, Hillary Clinton, and Barack Obama. In 2023, Korge joined The Americas Group based in Naples, Florida which is a private equity firm that makes its money through success fees, participation in royalties from sales, licensing agreements, creating long-term recurring income streams.
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John Krenicki, a 29-year GE veteran took only about a week off from his former Vice Chairman job at General Electric in the summer of 2012 to join private equity firm Clayton, Dubilier & Rice. Krenicki did not have to worry about buying groceries, as part of his deal in leaving GE, Krenicki received $89,000 a month until 2022—roughly $1 million a year for honoring a three-year non-compete agreement, and was eligible for the GE Supplemental Pension at age 60 for executives. His total exit package is worth at least $28.3 million.
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David Krone is Global Head of Public Policy for Apollo Global Management. Prior to working for Apollo, Krone was former chief of staff to former Senate Majority Leader Harry Reid, a Nevada Democrat.
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Jared Kushner is the son-in-law of former U.S. President Donald Trump. In 2021, Kushner founded the private equity firm Affinity Partners headquartered in Miami. Initial capital came from wealth funds from the United Arab Emirates and Qatar, who invested hundreds of millions. A key backer has been the Saudi sovereign wealth fund which invested $2 billion, and UAE and Qatar which invested $1.5 billion more, Affinity manages roughly $4.6 billion getting a based management fee of 1.25%, making millions a year just in management fees.
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Aston Kutcher is one of the earliest celebrities to get involved in private equity and venture capital with A-Grade Investments, Sound Ventures which has backed Airbnb, Uber and Spotify. Kutcher has also been a special advisor to TPG.
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Mary Ann Laconte spent 11 years at the Republican Governors Association and numerous fund-raising concerns such as National Republican Senatorial Committee. She is a principal at Finback Investment Partners, the Florida based private equity firm started by former Florida governor Jeb Bush.
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A.G. Lafley is the former CEO of Proctor & Gamble and board member of General Electric. Lafley has been a senior advisor to Clayton, Dubilier & Rice.
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Howard Lance, the former CEO of Harris Corporation was an executive advisor for Blackstone Private Equity between 2012 and 2016.
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Terrence Leahy is the former CEO of Tesco and became an executive at the private equity firm Clayton, Dubilier & Rice in 2011. Known as one of Britain’s top business leaders, Leahy was knighted Sir Terrence Leahy in 2002.
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Alan Leventhal is founder of Beacon Capital Partners, the Boston based private equity real estate firm Beacon Capital Partners. One of the largest real estate investment trusts (REIT) in the U.S., on January 19, 2022, Leventhal became the U.S. Ambassador to Denmark.
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Jeff Levin a managing director of Morgan Stanley within its private credit business left the investment bank in July 2025 to worth private equity firm Thoma Bravo. Levin will be the head of credit at Thoma Bravo.
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Adam Levine worked under George W. Bush’s administration and has worked for the private equity giant TPG.
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Ross Levinsohn, who briefly held the CEO post at Yahoo before Marissa Mayer came in left Yahoo to join Guggenheim Partners to head up Guggenheim Digital Media. However, Levinsohn eventually left Guggenheim.
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Arthur Levitt was the former head of the Securities & Exchange Commission, and has been a special advisor to The Carlyle Group
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Jacob Lew is an attorney, and politician who became the 76th U.S. Treasury Secretary during Barack Obama’s second term. Lew was also a cabinet level confidant of former president Bill Clinton. In November 2017, Lew joined the New York private equity firm Lindsay Goldberg LLC. Lew has previously worked as a financier for Citigroup, as well as a key executive for New York University. In 2023, Lew was nominated to become the U.S. Ambassador to Israel.
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Brandon Lewis aka Sir Brandon Lewis is a British politician who served as the Secretary of State for Justice and Lord Chancellor, was appointed chair of the advisory board in corporate governance at LetterOne in 2024. The UK based private equity firm was founded by two Russian oligarchs, Mikhail Fridman and Pyotr Aven.
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Edward Liddy was the former CEO of insurance giant Allstate. After leaving Allstate, he became a partner at Clayton, Dubilier & Rice.
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Joe Lieberman is an attorney, lobbyist, and former Democratic U.S. Senator from Connecticut. In January 2014, Lieberman joined the Chicago based private-equity firm Victory Park Capital as chairman.
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Peter Liguori was the chief operating officer of Discovery Communications and previously a top executive at News Corp.’s Fox division. Liguori joined the Carlyle Group LP in the summer of 2012, and later became President of The Tribune Company, the media company that collapsed into bankruptcy after a failed 2007 leveraged buyout.
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Eugene Ludwig from 1993 to 1998 Ludwig headed the Office of the Comptroller of the Currency under President Bill Clinton. Ludwig founded CapGen Financial, a New York based private equity firm that invests in financial institutions such as distressed banks.
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Nils Lussem began his investment banking career at Merrill Lynch in Frankfurt and London, and IK Partners in Hamburg. Lussem is now a partner at European based Apheon, who partners with Boston based HarbourVest Partners.
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Howard Lutnick was CEO of Cantor Fitzgerald LP, the Wall Street investment bank and brokerage specializing in SPACs, cryptocurrencies and so on. In 2025, Lutnick was chosen to be one of the most important prominent roles in the U.S. Cabinet as U.S. Secretary of Commerce under U.S. President Donald Trump. Lutnick sold off most of his holdings and was able to avoid capital gains taxes as long as assets were held in treasury bills or mutual funds. 26thNorth Partners, the private equity firm founded by Josh Harris, co-founder of Apollo Global Management, and owner of Washington Commanders NFL team, became a significant minority investor in Cantor Fitzgerald in May 2025. Glenn August, co-founder of Oak Hill Advisors, the private equity firm owned by T. Rowe Price, also became a minority investor in Cantor Fitzgerald.
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John Mack is the former CEO of Morgan Stanley who was known for pushing high risk investment banking trades which led to Morgan Stanley’s taxpayer bailout in 2008. In 2012, Mack became a special advisor to KKR & Co.
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David Marchick worked as a lawyer for the Clinton administration and became the head of The Carlyle Group’s external and government affairs.
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John Major, former U.K. prime minister has been a special partner to The Carlyle Group.
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Drew Maloney who was previously the assistant secretary for legislative affairs at the U.S. Department of the Treasury under Steve Mnuchin, became the president and CEO of the American Investment Council, the lobbying arm of the private equity industry in 2019.
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Peter Mandelson a former UK cabinet member, and EU Trade Commissioner, has been a senior advisor to Global Counsel, a private equity advisory firm.
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Capricia Marshall worked for the presidential campaign for William Jefferson Clinton, and also worked for Hillary Clinton. Marshall has been a partner in the Washington, D.C. private equity firm Pine Island Capital Partners, and in September 2023, joined FCS Global as a partner, an advisory firm and communications company owned by private equity giant KKR & Co. headquartered in New York.
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Paul Martin the former Prime Minister of Canada, has served on boards and in advisory positions for various private equity backed firms.
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Francis Maude, a former UK cabinet minister and Paymaster General, when he left in 2015 he has served as a senior adviser to OakNorth Bank and other private capital firms.
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Marissa Mayer, the former CEO of Yahoo co-founded a venture capital firm Sunshine.
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Terry McAuliffe has been the 72nd governor of Virginia and a Democrat, served as chairman of Bill Clinton’s 1996 reelection, and chairman of Hillary Clinton’s 2008 presidential campaign. McAuliffe made his fortune purchasing American Pioneer Savings real estate under the Resolution Trust Corporation. McAuliffe’s partner was a pension fund controlled by the International Brotherhood of Electrical Workers and National Electric Contractors. Made money as banker, real estate developer, hotel operator. Backed by private equity billionaire Ron Burkle, McAuliffe lost governorship bid to private equity financier Glenn Youngkin, formerly of The Carlyle Group.
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Patrick McHenry former U.S. Congressman and Chair of the House Financial Services Committee joined Lazard as a senior advisor in April 2025 focusing on financial services.
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Mack McLarty is former U.S. President Bill Clinton’s former chief of staff and has been a senior advisor to Covington & Burlington. In December 2003 McLarty joined The Carlyle Group as a senior advisor to focus on investments in Mexico.
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James McNerney, the former CEO of the Boeing Company and 3M Co., who has an undergraduate degree from Yale, and MBA from Harvard joined the revolving door of private equity and corporate America when he joined Clayton, Dubilier & Rice in 2016.
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Ken Mehlman chaired the Republican National Committee and ran George W. Bush’s reelection campaign in 2004. In 2010, Mehlman came out as gay in an interview with journalist Marc Ambinder, making him one of the few prominent openly gay figures in the Republican Party. After a few years in law, he became the public affairs chief at Kohlberg Kravis Roberts & Co. In December 2013 Mehlman became the top lobbyist for the private equity industry as he was elected the chairman of The Private Equity Growth Council—the industry’s biggest lobby. Lobbying group has been since rebranded American Investment Council. http://www.investmentcouncil.org.
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Steven Meier, the former Chief Investment Officer for New York City’s pension funds until November 2025, announced he would join Neuberger Berman in December 2025. Prior to being CIO in New York City, Meier was the interim CIO of Connecticut Retirement Plans and Trust Funds.
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Alan Milburn, the former U.K. Cabinet figure serves as a senior advisor to Bridgepoint Capital, the London based private equity firm.
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Marc Mezvinsky is the husband of Chelsea Clinton is a managing director at TPG based in Fort Worth. Prior to joining TPG Mezvinsky was a private equity financier with 3G Capital, and prior to that was an analyst at Goldman Sachs.
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Steven Mnuchin is a former Goldman Sachs partner and became the 77th U.S. Treasury Secretary under U.S. President Donald Trump. Mnuchin with George Soros, J.C. Flowers, Michael Dell, and John Paulson took over the government bailout of IndyMac bank in a sweetheart deal, rebranded and renamed it OneWest Bank. OneWest was subsequently sold to C.I.T. Financial, another Wall St. bank which was bailed out by the taxpayers in 2009 after it went bankrupt. CIT Bank was sold again in 2022 to another banking consortium, First Citizens. Mnuchin was a private equity financier on the board of Sears, and ESL Investments, who acquired Sears in a leveraged buyout. Sears later filed bankruptcy in 2018, dumping its pension obligations on the Pension Benefit Guarantee Corporation. Mnuchin has also owned private equity firm Dune Capital. In 2021, the former Treasury secretary raised a new $2.5 billion private equity fund, much form Saudi Arabia’s sovereign wealth fund.
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Joe Montana, the former NFL star, is a founder and managing partner of Liquid 2 Ventures, one of the most active celebrity venture funds.
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Mario Monti the former Prime Minister of Italy and EU commissioner has been a former Goldman Sachs advisor and involved in private equity.
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Mullin, Mullin the retired former CEO of Delta Airline Airlines, consultant to Goldman Sachs Capital Partners, the private equity arm of Goldman Sachs. He was on the board of directors of Educational Management Corporation, a leveraged buyout of a major for profit school which filed bankruptcy in 2018.
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Brian Mulroney was the eighteenth Prime Minister of Canada. In 2014 he was appointed to the board of Directors of The Blackstone Group.
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Ken Murata who has been working for Goldman Sachs, in September 2025 is joining KKR & Co. in Japan to focus the on the private credit sector in Japan.
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AJ Murphy was the head of Bank of America/Merrill Lynch capital-markets division, and one of the most senior women on Wall St. In May 2018, Murphy became an executive at Silver Lake.
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Lord Myners (Paul Myners), the former UK Financial Services Secretary has worked with CVC Capital Partners and GLG Partners and served on multiple PE boards.
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Robert Nardelli was formerly top executive at General Electric who had also been the CEO of Home Depot. Nardelli was named one of the worst American CEOs of all time for extracting roughly $200 million out of Home Deport while stock went nowhere. Nardelli worked as a private equity financier at Cerberus Capital Management, running the leveraged buyouts of Chrysler Motors, NewPage, and The Freedom Group/Remington Outdoor, which all eventually went bankrupt under private equity ownership.
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Marty Nesbitt is Co-CEO of the Vistria Group, a Chicago based private equity firm. After working for GMAC and getting an MBA from the University of Chicago, Nesbitt went to work for billionaire private equity financiers. The Pritzker family, where Nesbitt teamed up with Penny Pritzker to found The Parking Sport, which offers airport parking primarily to business travelers. In 2008 Nesbitt was the treasurer of Barack Obama’s U.S. presidential campaign and was on the planning board for Barack Obama Presidential Library and Museum. Nesbitt founded the Vistria Group in 2014 with financier Kip Kirkpatrick in 2014.
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Don Nickles the former U.S. Republican Senator from Oklahoma, is a partner in Pine Island Capital Partners, the private equity firm specializing in defense contracting founded by former Goldman Sachs partner John Thain.
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Tom Nides is another career politician who served as Chief of Staff to Mickey Kantor during the Clinton administration. He later became Deputy Secretary of State for Management and Resources in the Obama administration. A seasoned banker, Nides worked for Morgan Stanley, and Credit Suisse. Under President Joe Biden, Nides became the ambassador of Israel from December 2021 to July 2023. On January 29, 2024, Nides joined Blackstone as Vice Chairman, Strategy & Client Relations. In October 2025, Blackstone announced that Nides will head up Blackstone’s new unit that will seek to capture assets from retirement savers 401(k)s.
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Bill Neville joined LoanLogics, as CEO in the digital mortgage company which was selected as the technology provider behind Freddie Mac’s FAST (Freddie Automated Servicing Transfer), a major coup. In 2021, Sun Capital Partners, the Boca Raton based private equity firm acquired LoanLogics for an undisclosed amount. A billionaire and major Democratic donor, in December 2022 according to the White House, President Biden, first Lady Jill, daughter Ashley, husband Howard, Natalie and Hunter Jr. stayed at Bill and Connie Neville’s St. Croix Virgin Island luxury home.
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Indra Nooyi, the former CEO of PepsiCo, is a senior advisor and board member to several private equity owned companies, working in consumer brands.
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Par Nuder the former Swedish finance minister (2004-2006) is a senior counselor advising EQT AB, one of Europe’s largest private equity firms.
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Scott C. Nutall a Wharton graduate who began his private equity career at Blackstone Group and now a senior executive at KKR & Co.
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Barack Hussein Obama. It did not take long for the former U.S. President to cash in on the ex-government official gravy train of Wall St and the private equity industry. In addition to the $60 million book advance he received. Obama, who criticized others on Wall St., in 2017 has received $400 thousand speaking fees from A&E Networks, Cantor Fitzgerald, asset manager Northern Trust Company and The Carlyle Group.
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Michelle Obama. Former first lady Michelle Obama received 700,000 euros ($741,000) as the headline speaker of the Bits and Pretzels Founders event in Munich, Germany in 2013. That is a massive fee for a one-hour talk. Ms. Obama co-founded Plezi Nutrition, a public benefit health company focused on healthy food and drink products for children. Plezi Nutrition is backed by Juggernaut Capital Partners, a Washington, D.C. based private equity firm.
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Shaquille O’Neill, the former basketball great has specialized in partnerships with Authentic Brands (BlackRock), Five Guys, Papa John’s, car washes, and real estate.
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George Osborne the former UK Chancellor of the Exchequer, is a special advisor to BlackRock’s private equity arm.
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Peter Orszag is the consummate private equity executive, who graduated from Phillips Exeter Academy, Princeton and received a Ph.D. from the London School of Economics. Orszag was director of the Office of Management and Budget under President Barack Obama in 2008 and then became an investment banker at Citigroup. In 2016, Orszag joined Lazard, the private equity firm and investment bank. In 2023 Orszag became CEO of Lazard, who owns the Chicago based private equity firm, Edgewater Funds.
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George Osborne the former UK Chancellor of the Exchequer became an advisor to BlackRock.
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Joseph Otting was the former CEO of OneWest Bank, the former failed IndyMac Bancorp under private equity ownership by George Soros, J.C. Flowers, Steven Mnuchin, and others. Otting was appointed as the new Comptroller of the Currency in June 2017, the regulator that actually oversees banks such as OneWest bank. During Otting’s tenure at OneWest, the bank participated in numerous foreclosure controversies, and paid a $89 million fine for its role in selling reverse mortgages.
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James Owens was the former head of Caterpillar, Inc. and has been a senior advisor to private equity giant KKR & Co.
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Leon Panetta was formerly the U.S. Secretary of Defense and has been an advisor to Cerberus Capital Management.
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William Parrett was the former CEO of Deloitte Touche Tohmatusu and has been on the board of Directors of Blackstone Group.
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Richard Parsons is the former CEO of Time Warner and Chairman of Citigroup. Parsons became a senior advisor to private equity firm Providence Equity Partners in 2009 and became a member of Barack Obama’s Job Council Group in 2012.
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George E. Pataki is the former Governor of New York. In 2008 Pataki joined the executive board of MidOcean Partners, the private equity firm spun out of Deutsche Bank in 2003.
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Deval Patrick, a Harvard law graduate, is an ally of President Barack Obama and former two-term Massachusetts governor. In April 2015, Patrick joined Bain Capital as a managing director. In 2024, Patrick joined Vistria a private equity firm based in Chicago founded by Kip Kirkpatrick and Marty Nesbitt.
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Vivek Paul former vice chairman of Wipro Technologies has been a special advisor to TPG.
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Henry Paulson the former CEO of Goldman Sachs became the U.S. Treasury Secretary under President George W. Bush. In January 2021, Paulson agreed to lead a new private equity fund at TPG Capital known as TPG Rise Climate fund, another wolf-in sheep’s clothing fund brought to you by private equity. According to Pitchbook, Paulson was recruited by U2 singer Bono.
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Norman Pearlstine is the former editor-in-chief of Time, Inc. and has been a special partner to Carlyle Group.
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Michael Pedroni from 2013 to 2016 Pedroni worked for the U.S. Treasury in Europe, and has also worked at The Federal Reserve, as well as an executive to the Investment Company Institute, the mutual fund lobbying entity. In 2025, he owns Highland Global Advisors, an advisory firm which specializes in promoting crypto currencies, artificial intelligence private equity, private credit, and other illiquid opaque assets.
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Peter Peterson was Secretary of Commerce during the Nixon administration and went on to co-found the private equity giant the Blackstone Group with Steven Schwarzman. Today Blackstone is the largest private equity firm in the world.
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David Petraeus is the former four-star general, and chief of the CIA. In 2013, Petraeus went to work for KKR & Co. after resigning because of his extra-marital affair with his biographer, Paula Broadwell. Petraeus met Broadwell while she was a graduate student at Harvard working on a dissertation about Petraeus, where she helped publish his biography “All In” in January 2012. Petraeus, who holds a degree from Princeton, became Chairman of the KKR Global Institute. In March 2015, Petraeus pled guilty for mishandling classified documents which he shared with his former mistress and was fined $100 thousand dollars and placed on two years’ probation before heading back to work as a private equity financier.
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Mitch Petrick spent 21 years at Morgan Stanley. In 2010, Petrick joined The Carlyle Group and was responsible for trading operations.
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Craig S. Phillips has been appointed special counselor to Steven Mnuchin and is advising President Trump on Fannie Mae and Freddie Mac. Phillips ran the mortgage desk at Morgan Stanley in the peak mania mortgage years of 2004-2005 and his key client during those years was New Century Financial, which packaged subprime mortgage bundles, pooled them, and sold them to unsuspecting investors. At its peak in 2004, Morgan Stanley was offering New Century a $3 billion line of credit to purchase subprime mortgages, up from $400 million in 2001.Phillips has worked for Credit Suisse First Boston, and most recently the giant asset manager BlackRock.
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Mike Pompeo the former U.S. Secretary of State under Donald Trump from 2018 to 2021, as well as the head of the Central Intelligence Agency from 2017-2018, in 2024 formed a new private equity firm Niobrara Capital Partners based in New York focusing in on technology firms.
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Natalie Portman has her own private equity firm which specializes in technology, and women-founded startups as an angel or venture capital investor.
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Colin Powell was a four-star general in the U.S. Army and the 65th Secretary of State in 2001. Powell has been Chairman of the Advisory Board of Leeds Equity Partners.
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Jerome Powell spent most of his earlier career working at the investment bank Dillon Reed & Co. and finished his banking career at the private equity giant, The Carlyle Group. Powell is the Fed board’s wealthiest member, revealing on disclosures that he had assets valued between $21.3 and $72.2 million.
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Paul Pressler is the former CEO of The Gap, Inc., and a former senior executive of Walt Disney, is a partner at Clayton, Dubilier & Rice. Pressler became chairman of David’s Bridal, a wedding retailer and portfolio company which filed bankruptcy twice, first in 2018, and a second time in 2023.
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Reince Priebus, who served as chief of staff during the first Trump administration and has been chairman of the Republican National Committee. An officer in the U.S. Navy Reserve, Priebus joined Centerview Partners, based in New York which is an investment banking firm that caters much of its business to private equity.
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J.B. Pritzker, of the billionaire Pritzker family which made their billions with the Hyatt Hotel empire. Pritzker’s have their own family private equity firm and family offices that invest heavily in private equity. A big supporter of the Democratic party, Pritzker became Governor of Illinois in 2019.
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Penny Pritzker another billionaire of the Pritzker family and served as the 38th U.S. Secretary of Commerce under the Obama administration. On the board of Microsoft, Pritzker is a founding partner of private equity firms PSP Partners, PSP Capital Partners, Pritzker Realty Group, and co-founder of Artemis Real Estate and Inspired Capital.
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Michael Pyle is a lawyer, was the chief investment strategist and managing director for BlackRock. Under the U.S. President Joseph Biden administration, Pyle became Deputy National Security Advisor of the White House.
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Randal Quarles is a Carlyle Group alum, former Republican Treasury official and managing director of Cynosure Group, a Utah investment firm. In 2017, Quarles was appointed by President Donald Trump to be The Federal Reserve’s top official in charge of regulating big banks like JP Morgan Chase, Bank of America, and Citigroup.
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Roberto Quarta joined the New York based private equity firm Clayton, Dubilier & Rice in 2001, and became chairman of CD&R in Europe. Prior to joining CD&R, he was CEO of the BBA Group. Born it Italy, Quarta graduated from Holy Cross, in his cost cutting days in corporate finance, Quarta had the nickname of “Bob the Knife” and “Spare No Quarta.” Quarta has also served as CEO of the U.K. advertising giant WPP plc in April 2018.
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Dan Quayle is a former U.S. Congressman, U.S. Senator from Indiana, and George H.W. Bush’s former Vice President. In 1999, Quayle joined the multibillion private equity firm Cerberus Capital Management where he served as chair of the company’s Global Investments division.
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Allen Questrom, the former CEO of J.C. Penney, Barneys and Neiman Marcus became an advisor to Lee Equity Partners.
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Paul D. Quinlan a former Bank of America Merrill Lynch banker focused on mergers & acquisitions, joined Blackstone in 2010 and became CFO of several affiliated real estate, debt, and mortgage strategies at Blackstone. In October 2025, Blackstone announced that Quinlan will lead Blackstone into the U.S. defined contribution unit—which is going after retail savers 401(k)s.
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Dominic Raab, the former Deputy Prime Minister (2022-2023) of the U.K. is a strategic adviser for Appian Capital, a London based private equity firm.
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Gina Raimondo is a lawyer, career politician, and former Democratic governor of Rhode Island. Before entering politics, Raimondo founded the private equity firm Point Judith Capital with an initial $5 million investment from the Rhode Island pension fund. In 2021, Raimondo became U.S. Secretary of Commerce under the Biden administration and was sworn into office by Vice President Kamala Harris.
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Bruce Rauner made his fortune in private equity as partner of GTCR of Chicago. In March 2014, Rauner became the Republican governor of Illinois.
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Ryan Reynolds has been involved in a number of private equity ventures such as Aviation Gin, Mint Mobile and has sold ventures to Diageo and T-Mobile and has partnered with TPG and others in the company Maximum Effort.
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Condoleezza Rice has been a career politician as a fellow of the Council of Foreign Relations, and worked for two U.S. President’s George H.W. Bush, and George W. Bush. A neo con, Rice was a proponent of the 2003 Iraq war. In 2012, Vinod Khosla, of Khosla Ventures hired Rice and her consulting firm to partner as strategic advisors for his private equity firm.
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Tom Ridge was the first U.S. Secretary of Homeland Security and has been a senior advisor to Deloitte and various private equity backed firms.
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Rihanna the singer has been involved in Fenty, a luxury beauty brand and has partnered with LVMH in private equity-like structure.
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Richard Riley was Secretary of Education under the Clinton administration and has served stints in the South Carolina House of Representatives. Riley has been an advisor to Leeds Equity Partners
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Bill Ryan joined the Carlyle Group in January 2026 to head up The Carlyle Groups invasion into the defined contribution 401(k) area. Previously Ryan had worked at the Boston retirement consulting firm NEPC, Aon Plc and for the University of California Office of the Chief Investment Officer.
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Kevin Rollins, the former CEO of Dell Computers has been a special advisor to TPG, Inc.
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Willard Mitt Romney is a politician, businessman and lawyer and U.S. Senator from Utah who co-founded Boston’s Bain Capital private equity firm in 1984. Romney became governor of Massachusetts in 2002 and tried several times to become president of the United States. In 2018, Romney became the U.S. Senator from the state of Utah.
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Manuel Rocha a former American diplomat who served at the US ambassador to Bolivia spent over two decades as a US diplomat. Rocha worked as a private equity financier for a private equity firm in Argentina. A graduate of Yale, with a master’s degree in public administration from Harvard, Rocha is on the board of Clover Leaf Capital Corp., a SPAC shell company NASDAQ: CLOE based in Miami, Florida. In December 2023, Rocha, aged 73 was arrested in Miami by the FBI, on a criminal complaint that he had been secretly serving as an agent of Cuba’s government.
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Alex Rodriquez, the famous baseball player has his own private equity firm A-Rod Corp, and is involved in private equity firms, real estate funds.
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Taggart Romney prior to founding the Boston based private equity firm Solamere Capital, Romney, son of Mitt Romney was the chief marketing officer of the Los Angeles Dodgers baseball team now owned by private equity moguls Mark Walter and Todd Boehly.
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Charles Rossotti, the former head of the IRS, has been a special partner to The Carlyle Group.
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Wilbur Ross became the Secretary of Commerce under Donald Trump. Ross has served under U.S. President Bill Clinton on the board of the U.S.-Russia Investment Fund and later, under New York City Mayor Rudy Giuliani as the Mayor's privatization advisor. Ross owns his own private equity firm WL Ross & Associates.
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Robert Rubin is a former Goldman Sachs executive who was the 70th U.S. Treasury Secretary. After Treasury, went to work for Citigroup, making $126 million. Rubin is an advisor for Centerview Partners, a New York investment bank that has been an advisor to enormous leveraged buyouts such as the $28 billion leveraged buyout of H.J. Heinz, the $25 billion leveraged buyout of Dell Computer, Del Monte, ResCap—the bankrupt co remains Ally Bank and Culligan International and the failed LBO of Clayton Dubilier & Rice. Rubin has also worked for U.K. private equity firm BC Partners.
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David M. Rubinstein worked in U.S. President Jimmy Carter’s administration as a domestic policy advisor. In 1987, Rubenstein left government and founded The Carlyle Group in Washington, D.C. Rubenstein acquired the Baltimore Orioles with other private equity financiers in 2024.
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Gabriel Rubenstein is daughter of David Rubenstein. She has her own private equity firm Manna Tree Partners. Rubenstein served on the board of Alaska’s Permanent Fund but resigned in July 2024.
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Paul Ryan is the former speaker of the U.S. House of Representatives. In 2021, Ryan joined Solamere Capital and is a partner and chair of the Executive Partner Group. Solamere Capital is the Boston based private equity firm founded by Taggart Romney, son of U.S. Senator Mitt Romney from Utah.
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Arun Sarin, the former CEO of Vodafone from 2003-2008 has been a senior advisor to KKR since around 2009, specializing in telecom.
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Nicholas Sarkozy the former President of France has served as an advisor to KKR & Co. and spoke at various private equity forums.
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Olivier Sarkozy is the half-brother of France’s former president Nicholas Sarkozy. Olivier Sarkozy runs The Carlyle Group global-financial services group at Carlyle. Sarkozy joined Carlyle in 2008.
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Peter K. Scaturro, the ex-CEO of Citigroup Global Private Bank and former Goldman Sachs partner, joined Star Mountain Capital in September 2024 focusing on wealth and banking strategy.
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Joseph Schenk joined The Carlyle Group as an operating executive in the firm’s global financial services group in 2012. He previously was CEO of First New York Securities and before that, was CFO of Jefferies Group.
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Eric Scheuerman is an attorney who worked at Latham & Watkins where he represented The Carlyle Group, The Blackstone Group and others. He is a co-founder of Solamere Capital, the private equity firm started by Taggart Romney, son of U.S. Senator Mitt Romney.
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Paul C. Schorr IV (“Chip”), a graduate of Georgetown and Harvard Business School, spent almost three decades in private equity with CVC Capital Partners, Blackstone, and One Equity Partners. In 2024 he formed a new private equity firm Niobrara Partners based in New York, founded by former U.S. Secretary of State Mike Pompeo.
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Larry Schloss was the city of New York’s chief investment officer and left in 2013 to become president of Angelo, Gordon & Co. a major New York based private equity firm.
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Manfred Schneider is the former chairman of the supervisory board at Bayer AG and in 2012 joined Clayton, Dubilier & Rice as an advisor.
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Allen Schwartz the former CEO of Bear Stearns, the major investment bank which collapsed in 2008 and was absorbed by JPMorgan Chase. Fifteen months after Bear Stears collapsed, Schwartz joined the private equity giant Guggenheim Partners in June 2009 as Executive Chairman.
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Harvey Schwartz is the CEO of The Carlyle Group. A former Citigroup banker who worked in derivatives, Schwartz previously worked at Goldman Sachs between 1997 and 2018.
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Rick Scott, who made his hundreds of millions with the leveraged buyout of Columbia/HCA, was the former governor of Florida, has $76 million in private equity investments according to Mother Jones. In 2018, Scott became a U.S. Senator for the State of Florida.
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Charles E. Schumer is a career politician and a Democratic senator from the State of New York. An apostle for private equity, Schumer’s top contributor was the Blackstone Group between 2019-2024 for $292,900, and KKR & Co. for $159,500. A big friend of Wall Street, lawyers and real estate tycoons. Between 2019-2024 securities and investment firms gave Schumer $4,851,335, lawyers $3,240,768 and real estate $2,641,077 in donations.
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H. Lee Scott is the former CEO of Wal-Mart and left the company in 2009 to became an operating partner of Solamere Capital—the private equity firm of Mitt Romney’s son Taggart Romney.
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Stephen A. Schwarzman is one of the wealthiest men in the world and CEO of Blackstone Group. In 2020, U.S. President Donald J. Trump appointed Schwarzman as chairman of the President’s Strategic and Policy Forum.
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Tharman Shanmugaratnam the former Singapore Deputy Prime Minister and central banker has been an advisor to GIC, KKR and The Carlyle Group.
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Alok Sharma, a former UK MP for Reading West, in March 2024, joined EQT, the giant Swedish private equity firm as a senior advisor.
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Wendy Sherman is a career diplomat and has served under Hillary Clinton and John Kerry and been the fourth ranking official as Deputy of Secretary of State. Sherman has worked under Biden administration and partnered with Albright Stonebridge Group/Denton Global Advisors as a private equity advisor.
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David Simmons, a former executive at Pfizer, Inc. became the CEO of Pharmaceutical Product Development LLC, a contract research organization owned by The Carlyle Group and Hellman & Friedman.
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William Edward Simon was the 63rd U.S. Treasury Secretary of the United States under Richard M. Nixon. After leaving the Treasury, Simon founded Wesray Capital Corp. a leveraged buyout firm in 1981. In 1982, Wesray invested approximately $1 million in equity capital (with Mr. Simon contributing $330,000) and borrowed another $79 million to take private a Cincinnati-based greeting card company, Gibson Greetings, for $80 million. Eighteen months later, the company was taken public again, with a value of $290 million. Mr. Simon's $330,000 investment was worth $66 million. Still spoken about till this day, the leveraged buyout of Gibson Greetings awakened Wall Street of the enormous profits in highly leveraged finance. In 1990 Simon would partner with Catterton Partners, a private equity firm located in Greenwich, Conn. Today it is known as L Catterton.
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Kyrsten Sinema, the U.S. Senator from Arizona categorized as an independent, became a champion for the private industry sacred “carried interest,” she has stood fast to defend the carried interest provision for private equity and real estate financier. According to Sludge, Sinema received donations from both Democratic and Republican parties which included Montgomery Capital, First Atlantic, Crescent Capital, TPG Capital, Blackstone ($274,500), The Carlyle Group ($253,600), KKR & Co. ($103,700), Francisco Partners, Nelson Peltz and others. Sinema won the hearts of the private equity industry when she voted down the requirement that investments would have to be held for five years to qualify for the carried interest deduction. After leaving the Senate in January 2025, Sinema joined the global law firm of Hogan Lovells in Washington, D.C. as an advocate for private equity firms.
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Will Smith the actor and his wife Jada Pinkett Smith has been involved with the private equity firm, Westbrook, Inc which in turn has partnered with Clearlake Capital Group, the private equity giant based in Santa Monica, California.
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John Snow was the 73rd U.S. Treasury Secretary under George W. Bush. After Snow left the Treasury in June 2006, he became chairman of private equity group Cerberus Capital Management.
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Kunal Soni a former managing director of private credit at Morgan Stanley left the investment bank in July 2025 to work for private equity firm Thoma Bravo.
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Alicia Sontag, formerly with Johnson & Johnson is a managing director of Prelude Growth Partners, a private equity firm started in 2017 focused on consumer brands.
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Arlen Specter the long-standing U.S. Senator has been a senior advisor to private equity firms and law firms.
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Marc Spilker in 2010, Spilker left Goldman Sachs after working there for 20 years in asset management and private wealth management and became President of Apollo Global Management where he was there until stepping down in 2014.
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Ronald P. Spogli was the former United States Ambassador to Italy and San Marino. A graduate of Stanford with an MBA from Harvard where he was roommates with future President George W. Bush. Spogli is a co-founder of Freeman Spogli & Co. Before that, Spogli was a Managing Director in the Investment Banking Division of Dean Witter Reynolds.
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James Stavridis served as the 16th Supreme Allied Commander at NATO, with responsibility for Afghanistan, Iraq, Syria, the Balkans, counter-piracy off Africa, the Arctic and cybersecurity. A member of the Rockefeller Foundation, a Bloomberg opinion columnist and an analyst for NBC News, as well as a regular on CNN, Stavridis joined The Carlyle Group as a global strategist in 2018.
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Warren Stephens is the Arkansas private equity billionaire who is worth $3.4 billion in 2025, according to Forbes. Stephen’s father and uncle made a fortune bringing Walmart public in 1970 and used funds to buy and sell companies with Stephens Inc. private equity firm. In 2025, Stephens was appointed U.S. Ambassador to the U.K.
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David Stockman, a former congressman from Michigan, and Ronald Reagan’s budget director. Stockman joined the private equity firm The Blackstone Group and eventually founded his own private equity firm Heartland Industrial Partners.
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John Stomber was the former treasurer of Merrill Lynch and in 2006 became the CEO of Carlyle Capital Corporation (CCC), an extremely leveraged hedge fund which collapsed during the 2008 financial and lost more than $600 million of its investors’ money. To goose returns Carlyle used billions of debt and remained in litigation for years.
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Thomas Storch, a former deputy director of international economics under U.S. President Donald Trump first presidency, in 2025 works for the Miami based private equity firm Affinity Partners, run by Donald Trump’s son-in-law, Jared Kushner.
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Larry Summers has been a career academic, economist, media talking head, president of Harvard and was chief economist of the World Bank. He was the 71st U.S. Secretary of the Treasury under U.S. President Barack Obama and also worked in the Clinton administration under political mentor Robert Rubin. A deregulator, Summers help repeal Glass Steagall Act in 1999. In 2011, Summers joined private equity firm Andreessen Horowitz as an advisor.
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Rishi Sunak the former U.K. Prime Minister and Chancellor, rejoined Goldman Sachs as senior advisor in July 2025. Sunak worked early in his career at Goldman Sachs from 2001-2004.
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Chris Sununu, the former Governor of New Hampshire from 2017-2025 joined Scope Labs Capital the New York based venture capital firm in May 2025.
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Muneya Taniguchi is a former Mitsubishi UFJ Financial Group, Inc. banker, who is the major shareholder of Morgan Stanley. He was hired by Blackstone, Inc. in June 2025 to develop business in Japan.
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John Thain, the former Goldman Sachs banker educated at MIT and Harvard Business School and former CEO of the New York Stock Exchange. Thain became CEO of Merrill Lynch before its merger with Bank of America in 2009. In 2007 when he joined Merrill Lynch, his $83 million pay package consisted of a base salary of $750 thousand, cash bonus of $15 million, stock grant of $33 million and options grant of $35 million. Thain later went on to run the bailed-out CIT Financial after it lost $3 billion in TARP funding. Thain went on to found Pine Island Capital Partners, a private equity firm based in Washington, D.C.
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Lars Thunell was the CEO of the International Financial Corporation, the financing arm of the World Bank. In 2013, Thunell was appointed a director of Fisterra Energy, a Blackstone company. Summers has been a managing partner of hedge fund D.E. Shaw, and was a frequent speaker to banks such as Goldman Sachs, JPMorgan Chase, Citigroup, Merrill Lynch, and Lehman Brothers.
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Pat Toomey the former Republican Senator from Pennsylvania for years fought in the U.S. Senate to have private equity financiers have income taxed lightly at capital gains/carried interest rates. For his loyalty to the industry, in February 2023, Toomey was rewarded with a seat on the board of private equity giant, Apollo Global Management.
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Ted Torbeck was a 20 year-veteran of General Electric. In 2009, Torbeck was appointed to run Cerberus Capital Management portfolio company, the gun cartel known as The Freedom Group, which was later rebranded Remington Arms, which filed bankruptcy twice, in 2018 and 2020.
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Clyde Tuggle, a former executive for Coca-Coal, Tuggle is an executive and founder of Pine Island Capital Partners, a private equity firm based in Washington, D.C. founded with Goldman Sachs banker John Thain.
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Martin Turnbull the former Prime Minister of Australia, has been a special advisor to KKR & Co.
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Christopher W. Ullman was a managing director and Director of Global Communications for The Carlyle Group. Ullman joined The Carlyle Group in 2001. Prior to joining Carlyle, Ullman was Director of Communications at the U.S. Office of Management and Budget, the Public Affairs Director at the U.S. Securities and Exchange Commission and Director of Communications for the U.S. House of Representatives Budget Committee.
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Ben van Beurden-the ex-Shell CEO Dutchman who led Shell into biofuels, hydrogen and renewable power, joined KKR & Co. in January 2025 as a senior advisor for energy investments.
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Phil Venables, who formerly worked at Goldman Sachs and at Google, became a senior advisor at Warburg Pincus specializing in cybersecurity in May 2025.
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Luis Videgaray, a former Mexican foreign minister, in 2025 works for Affinity Partners, the private equity firm run by Jared Kushner, the son-in-law of U.S. President Donald Trump.
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Tom Vilsack is a lawyer, career politician who has been the governor of Iowa and also been the national co-chair of Hillary Clinton’s presidential campaign. In 2008, Vilsack became the 30th U.S. Secretary of the Agriculture under Barack Obama, and in 2021 became the 32nd U.S. Secretary of Agriculture under U.S. President Joe Biden. In 2018, Vilsack joined private equity firm Ridge-Lane Limited Partners.
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Vincent Viola is an army veteran and founder of high frequency trading firm Virtu Financial. Viola, a billionaire, bought the Florida Panthers National League hockey franchise in 2013, along with Virtu Financial CEO Douglas Cifu. In 2011, private equity giant Silver Lake invested in Virtu and helped merged it with Madison Tyler based in Santa Monica, California. A high-frequency trading Goliath, Virtu operates on more than 235 exchanges, markets, and pools in 36 countries. Viola was nominated by former U.S. President Donald Trump to become Secretary of the Army.
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Paul Volker the 87-year-old former Federal Reserve Chairman in 2014 joined a group of private equity investors, including Tim Collins at Ripplewood Advisors to purchase Latvia’s Citadele Bank which required the Latvian government bailout in 2009. Volker was also involved in the troubled takeover of Japanese bank Shinsei by Ripplewood and J.C. Flowers.
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Heather von Zuben is another Wall Street lawyer who became a Goldman Sachs partner in 2020 after joining the Wall Street firm in 2007. Von Zuben joined Blackstone in 2022 as a Senior Managing Director and Global Head of Perpetual Fund Solutions for Blackstone Credit & Insurance, documenting Blackstone’s invasion of life insurance space. Von Zuben, according to Blackstone in October 2025, will be leading Blackstone’s new unit in retirement solutions where private equity will go after 401(k)s.
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Sen. Mark Warner is the third richest U.S. Senator worth more than $94 million who founded the venture capital firm Columbia Capital. A Democrat, Warner opposes closing the “carried interest” rule.
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Eric Webster a former Senior Vice President of Sales for Salesforce, joined the Boston based venture capital/private equity firm Silversmith Capital Partners in April 2025.
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Antonio Weiss formerly a counselor to the U.S. Treasury under the Obama administration works as a managing partner at Lazard, the investment bank.
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Jack Welch is the former CEO of General Electric who made hundreds of millions while at GE. Welch received a reported retirement package from GE of $9 million a year. Welch was a special advisor and partner to Clayton, Dubilier & Rice and joined the firm several months after his GE retirement in 2001.
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William Weld, the former governor of Massachusetts, went to work for Leeds Equity Partners in 2000, where the name of the firm was changed to Leeds, Weld & Co. In 2005, Weld launched an ill-fated attempt to become governor of New York.
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J. Scott White, the former head of a $4 billion dollar unit at Abbott Laboratories, became the CEO of New Avon Products, a major beauty products company controlled by Cerberus Capital Management LP. Avon Products filed bankruptcy in August 2024 over its talc liabilities.
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Meg Whitman, the former CEO of eBay and HP has been an advisor and investor in Revolution Ventures and been on boards of various private equity companies.
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Dan Wieder, a Morgan Stanley banker involved in private equity secondary sales, left the bank in July 2025 to join Miami, FL based H.I.G. Capital.
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Pharrell Williams the musician has been involved in fashion ventures, consumer technology and so on.
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Serena Williams, the tennis superstar, has been an active in her own venture capital firm Serena Ventures.
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Jon Winkelried is the former president of Goldman Sachs who spent 27 years at that investment bank. In October 2015, Winkelried was appointed co-chief executive by TPG (Texas Pacific Group). Henry Paulson, the former CEO of Goldman Sachs joined TPG in January 2021.
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Reese Witherspoon has been involved in private equity backed ventures such as Hello Sunshine and Candle Media which was sold to Blackstone.
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Andrew Woeber, a former partner of Centerview Partners LLC an investment bank that serves private equity, exited and joined Barclays Plc in April 2025 as global head of mergers and acquisitions.
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James Wolfensohn is he former World Bank President with an MBA from Harvard is another investor in Citadele, the Latvian bank.
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Janet Yellen is an American economist who served as the 78th U.S. Treasury Secretary and also as chairman of the Federal Reserve from 2014-2018. An Ivy league who graduated from Brown, with a Ph.D. in economics from Yale, she has taught at Harvard, London School of Economics. Truly beholden to banks and asset managers, Yellen has received millions in fees from Citigroup, Credit Suisse, Citadel, City National Bank, Structured Finance, ING, UBS, Standard Chartered, BNP Paribas and others.
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Glenn Youngkin is the former Co-Chief Executive of The Carlyle Group where he spent 25 years of his career. Youngkin first worked at Credit Suisse First Boston, then went to work at Carlyle after getting his MBA from Harvard. In November 2021, the 54-year-old Republican became the 74th governor of Virginia.
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Matt Zames was the former JPMorgan Chase chief operating officer and another heir apparent for Jamie Dimon. Zames started his career in finance with the collapsed hedge fund Long Term Capital Management which imploded in 1998. After that, Zames became a trader at Morgan Stanley, then joined Credit Suisse as a trader. Oversaw the acquisition of Bear Stearns when in imploded in 2008, and the implosion of the JPMorgan Chase “London Whale” trade, where JPMorgan lost more than $6 billion. Zames became the president of private equity firm Cerberus Capital Management in April 2018.
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Jim Zelter, a graduate of Duke, began his career as a high yield (junk) bond trade at Goldman Sachs, and then went on to become Chief Investment Officer of Alternative Investments at Citigroup. In 2006, Zelter joined Apollo Global Management where is President and also on the company’s board of directors.
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Jeff Zucker, a Harvard graduate, was the former President of CNN Worldwide from 2013-2022. Zucker is also the former CEO of NBC Universal where he spent more than two decades. In December 2022, Zucker joined RedBird EMI, a private equity company backed by New York based Red Bird Capital Partners, which is also backed by Sheikh Mansour bin Zayed Al Nahyan, Vice President of the United Arab Emirates.
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Spencer Zwick has previously worked on the National Finance Chairman to Mitt Romney’s U.S. presidential campaign and served as National Finance Chairman for U.S. House of Representatives former speaker Paul Ryan. Zwick is a co-founder and manager of Solamere Capital, the private equity firm founded by Mitt Romney’s son, Tag Romney.
