Wednesday, May 8, 2013

PEU Richard Haass Holds Book Signing

Wasingtonian reported on the D.C. soiree for Richard Haass' newest book.  Fellow private equity underwriters turned out to support Haass. 

Haass has been a PEU since 2007.  He saw the potential for PEU influence in early 2006:

The world’s 190-plus states now co-exist with a larger number of powerful non-sovereign and at least partly (and often largely) independent actors, ranging from corporations to non-government organisations (NGOs), from terrorist groups to drug cartels, from regional and global institutions to banks and private equity funds.

I see private equity as belonging toward the terrorist/drug cartel end of the independent actor spectrum.  Certainly, not everyone agrees, as politicians Red & Blue love PEU.  D.C. falls all over them.