The following video is part of our "Motley Fool Exclusive Interview" series. In this segment, Fool.com analyst Brendan Byrnes interviews author and Bloomberg reporter Jason Kelly about his recent book, The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything. 

Most Americans might not realize it, but private equity firms are central to our everyday lives. As Jason explains, what was once an arcane corner of finance now affects us every day. In the following video, Jason points out how P/E firms affect us, everywhere from our pensions to the brands they own and the people they employ. 

Brendan Byrnes and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.