President Obama spent much of the 2012 campaign railing against private equity and its poster boy, Mitt Romney. Now his close pal Marty Nesbitt is running a Chicago-based private equity firm that includes at least one former member of his Administration, and also has raised money from a public pension fund in Illinois.
Nesbitt is best-known for founding airport parking company The Parking Spot with current U.S. Commerce Secretary Penny Pritzker (the company has since been sold), and for his decades-old friendship with Obama. Fortune first reported on his firm, called Vistria Group, back in January. Now we have some additional information:
Read More At Fortune.
