News
Private Equity Council issues statement on Administration’s financial regulatory proposal
WASHINGTON, DC, JUNE 17, 2009 – The Private Equity Council today issued the following statement on the Obama Administration proposal for overhauling regulation of the nation’s financial system….
Private Equity Council issues statement on Secretary Geithner’s proposals on systemic risk regulation
WASHINGTON, DC, March 26, 2009 — The Private Equity Council today released the following statement regarding Treasury Secretary Geithner’s proposal, outlined in testimony before the House Financial…
Private Equity Council issues statement on Public-Private Investment Program
WASHINGTON, DC, March 23, 2009 — The Private Equity Council today issued the following statement on the U.S. Treasury Department’s planned Public-Private Investment Program (PPIP). The statement…
Private Equity Council issues statement on new World Economic Forum study of private equity
WASHINGTON, DC, February 17, 2009 – The Private Equity Council today issued the following statement on the new study of private equity investments issued by the World Economic Forum. The WEF research…
Private Equity Council members adopt guidelines for responsible investment
WASHINGTON, DC, February 10, 2009 -“The Private Equity Council today announced that its members have adopted a set of comprehensive responsible investment guidelines that they will apply prior to…
Large companies backed by private equity outpace peers in capital spending, sales, productivity
WASHINGTON, DC, January 27, 2009 – Large private equity-backed companies substantially outperformed their industry peers in capital spending, sales and productivity in the years following their…
Trade, education, public infrastructure, fiscal policy pose biggests challenges for U.S. global competitiveness
WASHINGTON, DC, December 15, 2008 — The incoming Obama Administration and the new Congress should invest in worker training and education, pursue trade liberalization, accelerate public and…
Private equity’s business model sets it apart from institutions at center of financial crisis, PEC study finds
WASHINGTON, DC, October 16, 2008 — Because of their unique business model, the way they raise capital, the type of investments they make and their modest share of the financial system, private…
Private Equity Council issues statement on new GAO report on private equity investment
WASHINGTON,DC, October 8, 2008 — The Private Equity Council issued the following statement on the report released yesterday by the Government Accountability Office on certain aspects of private…
Private Equity Council issues statement on Congressional passage of financial rescue package
WASHINGTON, DC, October 3, 2008 — The Private Equity Council today issued the following statement on Congressional passage of the financial rescue package. The statement should be attributed to…
Private Equity Council comments on Fed Board’s policy statement on equity investments in banks
WASHINGTON, DC, September 23, 2008 — The Private Equity Council today issued the following statement on the Federal Reserve Board’s policy paper on equity investments in banks and bank holding…
Comment Letters
The GAO, Private Equity and Pension Fund Investments
Overview
In response to a recent study by the Government Accountability Office of pension fund investments in private equity and hedge funds, several members of Congress raised concerns about private…
“Demystifying the Credit Crunch,” a new white paper and glossary, now available at PEC web site
WASHINGTON, DC, July 30, 2008 — “Demystifying the Credit Crunch,” a 20-page primer and glossary intended to offer public officials, journalists and others a better understanding of the…
Private Equity Council issues statement on SEIU ‘Day of Action’
WASHINGTON, DC, July 17, 2008 –
The Private Equity Council issued the following statement on the “Day of Action” being staged today by the Service Employees International Union. The statement should…
Private Equity Council issues statement on new PE research conducted by Prof. Josh Lerner for the World Economic Forum
WASHINGTON, DC, January 25, 2008 –
The Private Equity Council today issued the ffollowing statement on new research on private equity conducted for the World Economic Forum by a team of researchers…
Large private equity acquisitons grew U.S. jobs significantly in recent years, new study finds
WASHINGTON, DC, January 17, 2008 — Acquisitions of large companies by some of the leading U.S.-based private equity firms between 2002 and 2005 resulted in significant net gains in U.S….
Comment Letters
Private Equity Council statement on tax legislation approved by House of Representatives
The Private Equity Council issued the following statement on legislation approved today by the House of Representatives that would change the tax treatment of “carried interest” investment income for…
Comment Letters
Private Equity Council issues statement on tax legislation approved by House Committee on Ways and Means
The Private Equity Council issued the following statement on proposals to change the tax treatment of “carried interest” investment income for private equity firms and other partnerships as proposed…
Comment Letters
PEC testimony before the House Ways and Means Committee
Testimony of Bruce Rosenblum
Chairman of the Board, The Private Equity Council
The Committee on Ways and Means
United States House of Representatives
Washington, DC
Mr. Chairman and members of the…