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Legislative Priorities

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Legislative Priorities

PEGCC Statement in Response to the introduction of The Small Business Capital Access And Job Preservation Act

WASHINGTON, DC – Today, Steve Judge, President and CEO of the Private Equity Growth Capital Council made the following statement on the introduction of H.R. 1105, The Small Business Capital Access…
Legislative Priorities

Sen. Dan Coats visits PE-owned Berry Plastics in Evansville, Indiana

On February 15, Senator Dan Coats (R-IN) visited Berry Plastics in Evansville, Indiana. Berry Plastics is a leading manufacturer and marketer of plastic packaging products and is majority owned by…
Legislative Priorities

On Private Equity Taxation, Consider Side Effects

By David Robinson Herald-Sun guest columnist DURHAM – As we reach the last few days of the presidential election and the debates  between President Barack Obama and Gov. Mitt Romney reach a…
Legislative Priorities

New Academic Analysis Finds Double Taxation on Partnership Businesses Reverses Trend Toward Tax Neutrality

Postlewaite: “The logic for the [tax increase] proposal is undercut by the evolution of the tax law over the last 30 years, which has embraced single-level taxation as the standard for business tax…
Legislative Priorities

PEGCC President & CEO in PEI on the Challenges of Explaining Private Equity to US Policymakers

Private Equity International On the Record: Steve Judge of the PEGCC Steve Judge, president of the Private Equity Growth Capital Council, on the challenges of explaining private equity to US…
Legislative Priorities

PEGCC Response to William Cohan’s Bloomberg Column on Issue of Interest Deductibility

The Truth about Interest Deductibility A Response to William Cohan’s Bloomberg Column A January 23, 2012 column authored by William Cohan (“Private Equity’s Public Subsidy Is a Tragedy”)…
Carried Interest

Carried Interest, Deficit Reduction and the Super Committee

Congress returned to Washington last week after a month-long recess that followed one of the most contentious political debates in recent memory – whether and how to raise the nation’s debt…
Comment Letters

Private Equity Council testimony before Senate Banking Subcommittee

Testimony of Mark Tresnowski, Managing Director and General Counsel Madison Dearborn Partners, LLC on behalf of The Private Equity Council, before the Senate Banking Subcommittee on Securities,…
Comment Letters

The GAO, Private Equity and Pension Fund Investments

Overview In response to a recent study by the Government Accountability Office of pension fund investments in private equity and hedge funds, several members of Congress raised concerns about private…
Comment Letters

Private Equity Council statement on tax legislation approved by House of Representatives

The Private Equity Council issued the following statement on legislation approved today by the House of Representatives that would change the tax treatment of “carried interest” investment income for…
Comment Letters

Private Equity Council issues statement on tax legislation approved by House Committee on Ways and Means

The Private Equity Council issued the following statement on proposals to change the tax treatment of “carried interest” investment income for private equity firms and other partnerships as proposed…
Legislative Priorities

PEC statement on tax legislation proposed by Ways and Means Chairman Rangel

The Private Equity Council today issued the following statement on a proposal to change the tax treatment of “carried interest” investment income for private equity firms and other partnerships as…
Comment Letters

PEC testimony before the House Ways and Means Committee

Testimony of Bruce Rosenblum Chairman of the Board, The Private Equity Council The Committee on Ways and Means United States House of Representatives Washington, DC Mr. Chairman and members of the…
Comment Letters

PEC testimony before the Senate Finance Committee

Testimony of Bruce Rosenblum Chairman of the Board, The Private Equity Council Before the Senate Finance Committee Washington, DC July 31, 2007 Mr. Chairman and members of the Committee, I am…
Comment Letters

Private Equity and Carried Interest – House

Raising Taxes on Private Equity: Anti-Growth, Anti-Competitive, Anti-Capital Legislation approved November 9, 2007 by the House of Representatives would impose a 130% tax increase on private equity…
Comment Letters

Private Equity and Publicly-Traded Partnerships – S 1624

In A Nutshell – The Case Against S. 1624 S. 1624 is discriminatory. It would prevent private equity firms from becoming publicly traded partnerships (PTPs) while allowing more than 100 other PTPs,…
Comment Letters

PEC testimony before House Financial Services Committee

Testimony of Douglas Lowenstein – President, the Private Equity Council Before the House Financial Services Committee, Washington, D.C. May 16, 2007 Mr. Chairman and members of the committee: Good…
Carried Interest

Private Equity and the Treatment of Carried Interest: An Overview

Carried Interest: What It Is A critical component of the American economic system is the principle that those who create value by their work should be rewarded. Carried interest is just another name…