WASHINGTON, D.C. — Today, the American Investment Council (AIC) released its 2019 Q2 Industry Investment Report showing that private equity invested $120 billion into U.S. businesses in the first half of 2019. The top three sectors receiving the most investment in 2019 so far are Information Technology ($42 billion), Energy ($23 billion), and Consumer Products and Services […]

WASHINGTON, D.C. — Today, Dr. Charles Swenson of the University of Southern California’s Marshall School of Business released a study analyzing the economic effects of a proposal to increase the carried-interest capital-gains tax rate in New York. Dr. Swenson finds that imposing such a massive tax would: Cause an exodus of the private funds industry from […]

WASHINGTON, D.C. – Today, American Investment Council President and CEO Drew Maloney issued the following statement regarding legislation proposed by Sen. Tammy Baldwin (D-WI) and Rep. Bill Pascrell (D-NJ) that would change the treatment of carried interest in the tax code: “Sen. Baldwin and Rep. Pascrell’s discriminatory tax increase has been rejected repeatedly by economists, […]