News
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…