📺 Stream EntrepreneurTV for Free 📺

The Boys Club Private equity honchos, their holdings, and how they're faring.

By David Levine

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

David Bonderman, TPG

MGM, Burger King, J. Crew
In January, it was reported that TPG had $25 billion to invest in 2009 buyouts. But Bonderman's shop has made some bad bets-most notably, the ill-timed investment in now-defunct Washington Mutual.

Leon Black, Apollo
AMC Entertainment, Linens 'n Things, Sotheby's, International Realty

Although Apollo announced in January that it plans to raise $500 million for a metal-trading hedge fund, some of its major investments, like Harrah's (which it co-owns with TPG), are struggling, while others, including Linens 'n Things, have already gone under. The prospects for its initial public offering are now unknown.

Stephen Schwarzman, Blackstone
Weather Channel, Hilton Hotels, Universal Studios Parks

In December, Blackstone announced it would be closing two of its hedge funds due to lack of investment and laying off 70 employees.

Henry Kravis, Kohlberg Kravis Roberts
Dollar General, Nielsen, Toys R Us

Kravis' funds tumbled 84 percent in 2008. The New York Stock Exchange recently threatened debt-investment KKR affiliate KKR Financial Holdings with delisting after its value dropped 90 percent in 2008 and it failed to meet listing standards.

David Rubenstein, Carlyle Group
Dunkin' Donuts, AMC Entertainment, Hertz

Carlyle raised $13.7 million, just short of its $15 million target, for a new fund in 2008, even as the markets were tanking. But the Washington powerhouse is not immune to bad times; in mid-December, Carlyle announced plans to cut 100 jobs, or 10 percent of its payroll.

Visit Portfolio.com for the latest business news and opinion, executive profiles and careers. Portfolio.com© 2007 Condé Nast Inc. All rights reserved.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.


All Startups Need a Well-Defined Brand Positioning Statement. Here's a 3-Step Framework to Help You Craft One.

Startup founders often lack time but they should invest resources in identifying a winning brand position that will then drive all their strategic decisions.