Monday, July 21, 2014

Carlyle Group Homeland Security Franchise Adds Palantir Tech Advisor

Monument Capital Group Holding's advisory board reads like a Carlyle Group legends list.  It includes James A. Baker, III, Frank Carlucci, Thomas F. "Mac" McClarty, III and Mustafa V. Koç.  Monument Capital added a new Senior Advisor from Palantir Technology, the group that ensures Davos and Bilderberg attendees are kept safe and sound from mere common folk.

Michael Leiter is Head of Global Government, Cyber Operations and Senior Counselor to the CEO of Palantir Technologies. From 2007 to 2011 he was Director of the United States National Counterterrorism Centre. Mr Leiter has joined MCGH as a Senior Advisor. He will work the MCGH team to provide analysis of the changing global cyber security space and help to inform the firms' target market and acquisition strategy.
Here's why there's a need for rocks that spy.  

"We are developing a team of world class experts who have an unrivaled understanding of the pioneering development and application of technology within the fast moving security and data industries. We are one of only a handful of private equity firms focusing exclusively on the global security market and these appointments give us the insight and edge needed to deliver high growth returns." 

Spending on technology and services in the global and national security sectors currently exceeds more than $1.3 trillion globally and is expected to continue to grow in excess of 7% per year.

PEU's go where the money is, hire ex-government insiders to steer strategy and acquisition of government contracts.  Monument Capital wants to make big money off spying.   A younger Thomas Jefferson would be appalled, the older version, not so much