Private Equity

A Memoir

De: Carrie Sun

Narrado por: Carrie Sun

One of TIME Magazine's Must-Read Books of the Year

"The joys of Sun’s memoir lie in the absurdity of her tasks: coaxing a famous athlete to a company party, sourcing Mitt Romney’s phone number on a deadline, coordinating private-jet departures… It’s [Sun’s] personal revelations that elevate the book above a typical tell-all.”—TIME Magazine

A gripping memoir of one woman’s self-discovery inside a top Wall Street firm, and an urgent indictment of privilege, extreme wealth, and work culture

When we meet Carrie Sun, she can’t shake the feeling that she’s wasting her life. The daughter of Chinese immigrants, Carrie excelled in school, graduated early from MIT, and climbed the corporate ladder, all in pursuit of the American dream. But at twenty-nine, she’s left her analyst job, dropped out of an MBA program, and is trapped in an unhappy engagement. So when she gets the rare opportunity to work at one of the most prestigious hedge funds in the world, she knows she can’t say no. Fourteen interviews later, she’s in.

Carrie is the sole assistant to the firm’s billionaire founder. She manages his work life, becoming the right hand to an investor who can move mountains and markets with a single phone call. Eager to impress, she dives headfirst into the firm’s culture, which values return on time above all else. A luxury-laden world opens up for her, and Carrie learns that money can solve nearly everything.

Playing the game at the highest levels, amid the ultimate winners in our winner-take-all economy, Carrie soon finds her identity swallowed whole by work. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Carrie’s story illuminates the struggle for balance in a world of extremes: efficiency and excess, status and aspiration, power and fortune. Private Equity is a universal tale of self-invention from a dazzling new voice, daring to ask what we’re willing to sacrifice to get to the top—and what it might take to break free and leave it all behind.

©2024 Carrie Sun (P)2024 Penguin Audio

Reseñas de la Crítica

“The joys of Sun’s memoir lie in the absurdity of her tasks: coaxing a famous athlete to a company party, sourcing Mitt Romney’s phone number on a deadline, coordinating private-jet departures . . . It’s [Sun’s] personal revelations that elevate the book above a typical tell-all.”—TIME, The 100 Must-Read Books of 2024

“[Sun is] a keen observer of [wealth’s] subtleties and signifiers . . . The first chapters of the book engage in a form of concealment and restraint—the sort of writing that seems fitting for someone who succeeds in a job that demands compartmentalization and competence . . . As Sun starts to come apart under the pressure of her job, the writing gets more fragmented, and more experimental . . . There is a beautifully written section, catalyzed by a weeklong vacation to China, in which Sun offers a portrait of her parents during and after the Cultural Revolution, and tries to make sense of the volatile home she was raised in . . . It’s a smart structure, and well-executed: just as Sun’s self-abnegation becomes unsustainable, her writing breaks loose. The maneuver is unusually stylish for a memoir.”—Anna Wiener, The New Yorker

“Sun writes clearly about the demands and privileges of the job, though this isn’t a tell-all about abuses in the industry but rather a more probing inquiry into what we deem success and the values underpinning it.”—Vogue,

Great story albeit don't agree with the politics

I have spent 15-20 years at a hedge fund and loved all the anecdotes in this story. As such, I do think billionaires, including Chase/Boone, do often serve a valid purpose of efficient capital allocation which improves GDP and innovation, thus contributing substantially to society through their "invisible hand." This aspect of fund management/billionaire-ism was not explored, despite many stanzas questioning if billionaires "can" be good, if they are societally necessary, etc. That said, the author "came to play" and shared ultra-raw and intense chunks of her life both during and before working at the hedge fund. That's incredibly rare in a memoir these days, especially by someone in a semi-"notable" position writing about notable people and institutions. As such, the book really has to earn an A+ despite my lack of political alignment with the author.

Truth = Great Story Telling

Loved, love, loved this book! It was a window into a family dynamic and arduous work experience I have no frame of reference. I abandoned all my podcasts for the past week and couldn’t stop listening to this book. Bonus: the author did the audio book & has a great voice!

Cerebral prose

Pivotal, honest, and sublimely written— can’t say enough about it. This book broadened my horizon on so many unexpected levels.

What a great memoir!

I loved listening to this story in Carrie’s own voice. I fell so come into this story that I sometimes forgot that it was a memoir. It was so beautifully written and I loved how she went back and forth in time describing her childhood and how she got where she was. I definitely recommend this book!

Two books in one

Strong insights into the private equity world and growing up as a China born woman in America

Promising Writer

Private equity provides an insider’s view of the people behind the scenes. Basically a portrait of the servants of the masters of the universe. It also gives an interesting insight into a woman’s struggle with imposters syndrome.

impossible to believe characters

Maybe there's a world where people like this exist but only in books. Boone come off as an Insensitive, heartless, unemotional, machine; totally unbelievable, as are most of the obsessed, devotees who surround him.

This book made be very uncomfortable.

There was a good balance of personal experiences and business dealings

Excellent narration that helped me understand the Carrie. I’m glad she made positive points about her parents who meant well but hurt her.

When she got to her feelings I was in

I thought the author/narrator was speaking too fast at first. Then I got used to her. When I realized it was a coming of age story I wasn’t sure I wanted to read it. I lived it in the 1980s ***minus the MIT and money and perks and expensive gifts*** Then she kept on talking about her feelings, how she was raised and how it all influenced her choices and I was in. Good book for working women and children of immigrants. Just because you are living life close to the top doesn’t mean your life will be fabulous. More memoirs or write a novel next please.

Immigrant family and corporate world

The story of the immigrant family sounds so real and brutal true. It was not until her early 30s , that she realized that her parents might not loved her. Also the corporate world is also an interesting story line that how she used as a way to fight for her freedom from a rich boyfriend and then to fight her worth of value that she deserves breaks. It’s a good book if you want to learn how the real wall street work look like, a good reference book! Recommend it!