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Carlyle sells Diversified Machine to Platinum Equity after growing revenue 4.5x & quadrupling workforce

Carlyle Sells Diversified Machine to Platinum Equity By Michael J. De La Merced New York Times – DealBook December 16, 2011 The Carlyle Group announced on Friday that it had sold Diversified…

PEGCC CEO Steve Judge Responds to Krugman Column in NY Times with Letter to the Editor

Private Equity Buyouts To the Editor: Paul Krugman’s Dec. 9 column, “All the G.O.P.’s Gekkos,” casts private equity firms as job destroyers, but we believe that the research tells a…

American Banker: Regulators Need to Give PE a Chance to Help Community Banks Thrive

Regulators Need to Give PE a Chance to Help Community Banks Thrive By Barbara A. Rehm American Banker December 14, 2011 Community banks are fighting the wrong battle in Washington. The…
Comment Letters

PEGCC Comments to the Financial Stability Oversight Council on the “Second Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies”

SUBMITTED ELECTRONICALLY Re:  Financial Stability Oversight Council (the “FSOC”) Second Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain…

Why Gingrich is wrong about Bain Capital, corporate takeovers, and private equity

Analysis from Professor Stephen Bainbridge regarding Newt Gingrich’s statements regarding Bain Capital, corporate takeovers, and private equity. Read the full article.

NRO: Paul Krugman on Private Equity Transactions

Paul Krugman on Private Equity Transactions By Reihan Salam National Review Online December 9, 2011 11:56am A close friend kindly pointed me to an eye-catching juxtaposition in Paul Krugman’s…

PEI: “Chances of Carry Tax Hike Still Loom”

Partisan gridlock has prevented a so-called ‘Super Committee’ of US lawmakers from agreeing a deficit reduction plan, preserving carried interest under capital gains tax in the short term. US…
Carried Interest

Carried Interest Update: No Super Committee Deal

The Joint Select Committee on Deficit Reduction (a.k.a., “the Super Committee”) announced today that after months of negotiations it was unable to reach a deal to cut the national deficit by at…
Carried Interest

Update: Carried Interest, Deficit Reduction and the Super Committee

With just one week until the November 23 deadline for the Joint Select Committee on Deficit Reduction (a.k.a. the Super Committee), we want to keep you informed of late breaking developments. Any…

Form PF Update

On October 26, 2011, the Securities and Exchange Commission (SEC) issued its final rule on Form PF (hereinafter, “the final rule”) as part of the Dodd-Frank Act. The Commodity Futures Trading…

Third Quarter PE Index Released

As of September 30, 2011, the PE Index registered at 88.6, which is below its 10-year moving average of 100. The PE Index declined almost 17 points, compared to the revised level of the previous…

The Success of Portfolio Company Outreach

In an effort to enhance the private equity brand in the minds of those who craft public policy, the PEGCC has implemented a broad-based grassroots and public affairs campaign aimed at educating…

Academics and Private Equity Professionals Discuss Private Equity Performance

How do we accurately assess the performance of private equity investments? Last month, leading academics and industry practitioners gathered for the Private Equity Research Consortium’s Fall 2011…
Tax Policy

PEGCC CEO: Enterprise Value Tax “Violates Basic Tax Fairness Policy”

Obama’s proposed enterprise value tax has managers worried By Hazel Bradford Pensions & Investments November 14, 2011 Executives in investment management partnerships such as private equity,…

PE Index: Private Equity Activity Slows in Third Quarter

PE Index registers below 10-year moving average as private equity investment and exits decline during the third quarter. Washington, DC, November 9, 2011 – Private equity activity experienced a…

Cambridge Associates: US Private Equity Continues to Generate Positive Returns

U.S. Private Equity Continues Recovery AltAssets November 1, 2011 Amidst a still challenging global macroeconomic environment, private equity and venture capital funds in the US continued to…

PEGCC Statement in Response to the Securities and Exchange Commission Final Rule on Form PF

WASHINGTON DC – Today, the Securities and Exchange Commission (SEC) issued its final rule on Form PF as part of the Dodd-Frank Act. The rule requires registered investment advisers to hedge funds…
Carried Interest

Americans for Tax Reform: Supercommittee Should Stay Away from Carried Interest Tax Hike

Supercommittee Should Not Hike Capital Gains Rate The Supercommittee will be reporting on a series of policy recommendations in November. One idea they should stay far away from is a capital gains…
Tax Policy

NYSE CEO: Enterprise Value tax hike “poses a threat to our still recovering financial system”

NYSE CEO Takes on Obama’s Jobs Bill By Andrew Joseph National Journal’s Influence Alley October 21, 2011 | 9:00 AM | All those protestors in Zuccotti Park haven’t stopped the CEO of NYSE…