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Hassett & Davis: “Private Equity Is a Force for Good”

Private Equity Is a Force for Good By Kevin Hassett and Steven J. Davis When Mitt Romney challenged Ted Kennedy for his Senate seat in 1994, Kennedy made Romney’s private equity career a…

Steve Judge in USA Today: Private Equity is a Positive Force for the Economy

Opposing view: ‘The ultimate risk-reward model’ By Steve Judge You wouldn’t know it from the recent political rhetoric, but private equity is a positive force in America’s economy. There…

Get the Facts on Private Equity

Private Equity Fast Facts There are 2,300 private equity firms in the U.S. In 2010, private equity firms invested more than $148 billion in 1,234 U.S. based companies in 2010. There are 14,200…

KKR portfolio company Dollar General draws up expansion plans

Dollar General draws up expansion plans Chain to march into Mass.  By Donna Goodison The largest of the so-called “dollar stores” plans to expand into Massachusetts this year. Dollar…

PEGCC Sets the Record Straight on Private Equity

Statement from Steve Judge, Interim President and CEO of the Private Equity Growth Capital Council (PEGCC) in response to recent political attacks that mischaracterize the industry: “There is a…

PEI: Private Equity to the Rescue

Private Equity to the Rescue Private Equity International ‘Traditional’ asset classes are expected to produce lackluster returns this year, highlighting once again the importance of private…

NY Times: Private Equity Firm Sees a Future in Flatware

Private Equity Firm Sees a Future in Flatware By Kevin Roose New York Times ONEIDA, N.Y. — Some local residents, when eating out, instinctively turn their utensils upside-down to look for a…

PEGCC Statement on Warren Hellman’s Passing

Washington, DC, December 19, 2011 – Today, Steve Judge, Interim President and CEO of the Private Equity Growth Capital Council, released the following statement on the passing of Warren Hellman,…

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…