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Private Equity Holds Record Levels of Dry Powder

WASHINGTON – The U.S. private equity industry has amassed $353 billion of dry powder as of December 2017, according to the American Investment Council’s (AIC) 2018 Q2 Private Equity Trends…

How I Built This… with help from Private Equity Investment

National Public Radio’s (NPR) popular How I Built This podcast series highlights nearly a hundred entrepreneurs and business owners who have transformed an innovative idea into a successful…

ICYMI: AIC Letter to the Editor of the Financial Times

On July 22nd, the Financial Times ran the following letter to the editor from Emily Schillinger of the American Investment Council. The letter responds to a previous FT article…

Private Equity Across America: Philadelphia

The private equity industry employs millions of Americans and provides a secure retirement for schoolteachers, police officers, and other pension holders. The American Investment Council is now…

Private Equity Investments Outperform Markets Over the Long Term

WASHINGTON – Private equity returns once again outperformed public markets over the long term, net of fees, according to the latest quarterly Performance Update from the American Investment Council…

The American Investment Council Announces Drew Maloney as President and CEO

  WASHINGTON – The American Investment Council (AIC) has named Drew Maloney as the association’s new president and Chief Executive Officer (CEO). Maloney joins the AIC from the…

Investment Impact: Wrench Group CEO Explains How Private Equity Investment Creates Jobs, Strengthens Businesses

There are over 4,700 private equity firms all over America, owning and building approximately over 30,000 private companies. Recently, the Wrench Group…

Debt Portability Can Deliver a Better Exit (Latham & Watkins LLP)

By Dennis Lamont, Partner and Howard Sobel, Partner, Latham & Watkins LLP Debt financing documents typically contain a change of control feature that triggers an event of default, or requires a…

2018 AIC Public Pension Study: Private Equity Delivers Highest Returns for Public Pension Funds

WASHINGTON – Today, the American Investment Council (AIC) released its 2018 Public Pension Study, which analyzes investment returns by 163 U.S. public pension funds and highlights how private…

Private Equity Investment Volume Doubles from 2017

WASHINGTON – US private equity investment volume increased to $57 billion in the first quarter of 2018, a staggering 159 percent increase from the first quarter of 2017, according to the American…
Policy Articles

International Issues: Positioning U.S. Private Equity Firms and Funds in Global Markets

The AIC is the voice for private equity in the United States, but we also work to ensure U.S. private equity firms and the funds they manage receive fair treatment in other countries. We agree with…
Policy Articles

Tax Regulatory Priorities

The enactment of tax reform legislation in late 2017 began a second phase of tax reform in the regulatory space. The private equity industry, working through the AIC, will be working over the coming…
Policy Articles

The JOBS Act and Public Shareholder Communications

The AIC urges the SEC to simplify the verification of investor status and provide further assurances on what constitutes “general solicitation” to allow for normal business reporting without…
Policy Articles

The Advertising Rule

The AIC urges the SEC to modernize the Advertising Rule to better meet the demands of the 21st century. The SEC’s Advertising Rule (Rule 206(4)-1), which has not been amended since its adoption…
Policy Articles

The Custody Rule

The AIC urges the SEC to update the Custody Rule to remove unnecessary burdens. The SEC’s Custody Rule (Rule 206(4)-2) imposes many unnecessary burdens on private fund sponsors with respect to the…
Policy Articles

The SEC’s Auditor Independence Rules

The AIC urges the SEC to clarify the applicability of its auditor independence rules in the private equity context to reduce the detrimental effects on capital formation caused by the current…
Policy Articles

Investment Advisers are Not Broker-Dealers

Investment Advisers are Not Broker-Dealers: The AIC urges the SEC to confirm that broker-dealer regulations do not apply to private equity investment advisers merely because they may receive fees in…
Legislative Priorities

CFIUS Reform

WHAT IS IT? The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee tasked with reviewing potential foreign investments in the U.S. and determining whether such…