Friday, July 18, 2014

Jeb Bush PEU Chair for Britton Hill

Bloomberg reported:

Former Florida Governor Jeb Bush is raising private-equity funds for oil and gas ventures.  

Britton Hill Holdings was set up in May 2013 but Jeb Bush’s role as chairman and part owner wasn’t publicly available information until last month when the firm registered as an exempt adviser with the U.S. Securities and Exchange Commission.

Filings describe Britton Hill as a closely held advisory and investment firm that focuses on the energy, infrastructure, logistics and environmental services sectors. Its first investments have been tied to the exploitation of shale oil and gas in the U.S., a booming area for private equity 

Private equity is not new to Jeb Bush.  Bush worked for Lehman Brothers' Private Equity before the firm imploded in the 2008 financial crisis.  I believe President George W. Bush chose not to save Lehman for optics.  He would've saved the firm that employed both his brother and cousin.  Shoveling billions to save the jobs of close relations would've hurt the Red team for years.

Jeb's job of raising PEU funds is not the least bit All American:

It's clear who Jeb will work for if elected President.  It's not the common citizen.

Neither candidate from America's two royal families is free from PEU taint.  Jeb is one and Hillary gets $200,000 or more per PEU speech.  Hillary's husband Bill is also a PEU. Daughter Chelsea is a PEU in training.

It's a PEU world.  One where politicians Red and Blue love PEU...

Update:  Continuing the foreign investor theme, Fortune will run a piece on U.S. companies going overseas.  Over 60% of The Carlyle Group's listed affiliates are incorporated on foreign soil.