PEGCC 2015 Annual Meeting and Member Dinner
The PEGCC had a successful 2015 Annual Meeting and Member Dinner in Washington, D.C. at the end of September. Attendees were thrilled to return to The Hay-Adams for the Member Dinner, where they heard from Dr. Mark Zandi, chief economist of Moody’s Analytics. The Annual Meeting was held the following day at the Newseum, a first-time venue for the meeting which received positive reviews from our members. Newly-elected Speaker Paul Ryan, Senators Rob Portman and Cory Booker, TPG Co-Founder James Coulter, and CEO of the Institutional Limited Partners Association (ILPA) Peter Freire were among the dynamic line-up of speakers featured at this event.
Attendees were enthusiastic about the two-day event and described it as a unique opportunity to gather with leading industry practitioners and influential lawmakers who recognize the importance of private equity.
Mark Zandi, Chief Economist for Moody’s Analytics, gave an engaging speech during the Member Dinner. Zandi covered a wide-range of economic issues, examining the interplay of developed and emerging economies, and forecasting the economic landscape for the next five years.
To kick off the Annual Meeting, PEGCC VP of Research Bronwyn Bailey led a discussion with Peter Freire, the CEO of the Institutional Limited Partners Association (ILPA). Attendees asked Freire about the initiatives underway at the ILPA, including the ILPA’s consultation version of a fee reporting template.
Newly-elected Speaker and former House Ways & Means Chairman Paul Ryan discussed his views on tax reform. Ryan answered questions on key private equity tax issues and reiterated his commitment to comprehensive tax reform.
Jim Coulter, the Co-Founder of TPG Capital, emphasized the need for the private equity industry to continue to adapt. He discussed the future of the private equity industry, focusing on how to respond to the dynamics of a changing world.
Senator Rob Portman (R-UT) talked about the importance of private equity for our national economy. He spoke highly of the private equity firms based in his state and their contributions to a vibrant private sector.
Senator Cory Booker (D-NJ) highlighted the importance of the private sector in taking an active role to fix some of our biggest societal challenges. He touched on a range of subjects, from criminal justice reform to education reform. According to the Senator, it is critical for the leaders within the private equity industry to continue to lend their support and expertise to the broader social issues within our country.
