Private Equity Increased Q2 Investment Across America by 60% Over 2020

Today, the American Investment Council released a new report that demonstrates how private equity continues to fuel the COVID-19 economic recovery across America. Specifically, the report found that U.S. private equity investment volume jumped to $175 billion in Q2 2021 from $109 billion in Q2 2020, a 60 percent increase. In the first half of the year, there was a 76 percent increase in capital committed to private equity funds from the same period in 2020.

The U.S. has seen tremendous economic growth in recent months with significant support from private capital. Private equity made major investments in Q2 in industries impacted by the COVID-19 pandemic, such as:

  • Hertz car rental company ($6.5 billion deal), headquartered in Estero, Florida
  • Michaels Stores ($5 billion deal), headquartered in Irving, Texas
  • RealPage ($10.2 billion deal), headquartered in Richardson, Texas
  • CoreLogic ($6 billion deal), headquartered in Irvine, California

“The private equity industry made significant investments this year to help businesses of all sizes weather the pandemic and keep Americans employed,” said AIC President & CEO Drew Maloney. Private equity has helped fuel the economic recovery in recent months, with major investments in the development of the COVID-19 vaccine, the travel and hospitality industry, and other businesses hit hard by the pandemic.  As local economies continue to recover, policy makers should not raise taxes on private investment that supports small businesses, jobs, and communities. Private equity firms will continue to be a trusted source for capital as the country adjusts to our new normal and continues on our path to economic recovery.”

The full report can be found here.