The following video is part of our "Motley Fool Exclusive Interview" series. In this segment, 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. 

In just a few decades, private equity firms like Carlyle, Blackstone, Bain, and KKR have managed to grow from relatively small businesses to, in many cases, billion-dollar-plus firms that impact our everyday lives. In the video below, Jason talks about how this happened, and what specifically some of these firms had that set them apart from the rest.

Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.