All throughout 2020, private equity invested in America. The private equity sector directly employed 11.7 million workers and paid $218 billion in taxes in 2020. Private equity firms have invested in 16,000 companies, 86% of which were small businesses with fewer than 500 employees. Even during the pandemic, private equity served as a major employer, a small business investor, and a major tax contributor, supporting communities across the country.
The private equity industry is working to: