Hettie O’Brien's 'The Asset Class' critiques private equity's societal impact
Hettie O’Brien's 'The Asset Class' examines the impact of private equity on society, highlighting how wealth management firms acquire essential services for profit. Through personal stories, including that of a textile artist facing rising rents, O’Brien reveals the detrimental effects of these investments on creativity and community. The book critiques the practices of major firms like Blackstone and KKR, detailing their strategies to maximise returns at the expense of social welfare.
Read the full story at The Guardian AU→
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