Two and Twenty: How the Masters of Private Equity Always Win by Sachin Khajuria

The first true insider’s account of private equity, revealing what it takes to thrive among the world’s hungriest dealmakers

“Brilliant . . . eloquently takes readers inside the heroic world of private equity . . . [an] essential read.”—Forbes

ONE OF THE BEST BOOKS OF THE YEAR: Next Big Idea Club

Private equity was once an investment niche. Today, the wealth controlled by its leading firms surpasses the GDP of some nations. Private equity has overtaken investment banking—and well-known names like Goldman Sachs and Morgan Stanley—as the premier destination for ambitious financial talent, as well as the investment dollars of some of the world’s largest pension funds, sovereign wealth funds, and endowments. At the industry’s pinnacle are the firms’ partners, happy to earn “two and twenty”—that is, a flat yearly fee of 2 percent of a fund’s capital, on top of 20 percent of the investment spoils.

Private equity has succeeded in near-stealth—until now. In Two and Twenty, Sachin Khajuria, a former partner at Apollo, gives readers an unprecedented view inside this opaque global economic engine, which plays a vital role underpinning our retirement systems. From illuminating the rituals of firms’ all-powerful investment committees to exploring key precepts (“think like a principal, not an advisor”), Khajuria brings the traits, culture, and temperament of the industry’s leading practitioners to life through a series of vivid and unvarnished deal sketches.

Two and Twenty is an unflinching examination of the mindset that drives the world’s most aggressive financial animals to consistently deliver market-beating returns.

1. Universal Compatibility:

   • Enjoy seamless reading on any device, including Kindle. Our eBooks are PDF-formatted for universal accessibility. 📖🌐

2. Budget-Friendly Chapters:

   • Explore captivating chapters at affordable prices. Dive into literature without breaking the bank. 📚💸

3. Instant Download Gratification:

   • No waiting, just reading! Experience instant downloads and start your literary journey within moments. 🚀📥

4. Best-Selling Selections:

   • Discover acclaimed reads! Our collection features best-selling eBooks with compelling narratives and unique voices. 🌟📚

5. Reader-Friendly Formats:

   • Tailored for comfort! Our eBooks prioritize a reader-first approach, ensuring an immersive and enjoyable reading experience. 📖😊