A review by lulu_reads_books
Private Equity: A Memoir by Carrie Sun

Carrie Sun's memoir "Private Equity" delves into the captivating yet perilous realm of high finance.

"No one…Yes, that’s right, no one has ever voluntarily left Carbon." So says the pseudonymous billionaire who orchestrates a Manhattan hedge fund poised to catapult him into the realm of trillionaires. Author Carrie Sun recounts her tenure as a personal assistant to the enigmatic billionaire whose insatiable need for control dictates her every move. As she navigates the relentless demands of the corporate fantasy world, Sun grapples with her own complicity in sacrificing her dreams for financial gain.

With candid introspection, Sun exposes the soul-devouring nature of the corporate landscape, where success often comes at the expense of personal fulfillment. Drawing parallels to the iconic "Devil Wears Prada," the narrative reveals the insidious grip of modern capitalism and greed. It's truly confounding to comprehend how this exceptionally talented woman transitioned from her role as a "quant" at Fidelity Investments to become the chief of staff at a top-tier investment firm, all while holding onto the belief that she would encounter something beyond the relentless pursuit of profit.

Despite its potential, the narrative fails to redeem itself through the meticulous details shared throughout the book, offering little in the way of genuine insights or dramatic revelations. Instead, it merely presents the mundane reality of working for a demanding boss in a high-pressure industry, devoid of any surprises or enlightening moments. Despite the promises made by the cover copy of a scathing critique of wealth accumulation, the book ultimately delivers what one would anticipate, with clumsy attempts at cultural and socioeconomic commentary that lack depth and resonance within Sun's privileged context, highlighting her reluctance to confront her own circumstances.

Regardless of its flaws, "Private Equity" offers valuable insights into the corrosive effects of capitalism and the collective complicity that perpetuates its power. While occasionally veering into self-indulgence, Sun's story serves as a cautionary tale, highlighting the pitfalls of unchecked ambition and the price of compromising one's integrity for monetary gain. As Sun aptly observes, the convergence of trauma and capitalism underscores the urgent need for introspection and resistance in a world where success often comes at a staggering cost.