Cory Booker speaks out about attacks on private equity
Cory Booker expressed concern about attacks on private equity on Meet the Press:
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A PEGCC report released last week shows that private equity invested more than $3 billion in New Jersey based companies in 2011. Interestingly, more than $1.3 billion of that money was invested in New Jersey’s 13th Congressional District, a district that shares Newark.
Aside from New Jersey, there are a number of states, including key presidential swing states, that have benefited from private equity investment. The Private Equity Growth Capital Council’s report also ranks the top 20 states in terms of private equity investment. Those states include Ohio, Nevada, Virginia, Colorado, North Carolina, and Florida, among others.
