Private Equity is Investing in Communities of All Shapes and Sizes
Washington, D.C. – According to a new American Investment Council Report, private equity firms provided new capital last year to a broad range of industries in every state and Congressional district across the country. From urban to rural and everything in between, private equity is investing in America.
Overall, private equity invested over $700 billion last year in diverse communities and industries across the country, helping to rescue, build, or grow 4,841 businesses. The top 20 Congressional districts are spread out across 15 different states. 55% are majority-minority districts, including communities of color in Chicago, Houston, and San Francisco.
Private equity capital is making an impact in big cities and small towns. The top 20 includes districts represented by Rep. Gwen Moore (D-Milwaukee, WI), Rep. Ann Wagner (R-Ballwin, MO), Rep. Alma Adams (D-Charlotte, NC), and Rep. Van Taylor (R-Plano, TX).
See the full list here.
Drew Maloney, President and CEO of The American Investment Council, released the following statement:
“The 2019 Top States and Districts Report really drives home the geographic diversity of private equity investment in the United States. From Manhattan to Milford, Iowa, private equity is creating opportunities and supporting local jobs in diverse communities across the country.”
Perspectives from a Portfolio Company Leadership Summit in Arizona WASHINGTON, D.C. – Today, the American Investment Council released a new video series highlighting the value of private…
Klinsky: “The ability to have ‘service partners’ and ‘sweat equity’ … has been fundamental to American entrepreneurialism.”
“Private equity has also been an exceptionally vibrant and dynamic piece of the U.S. economy.” Today, Real Clear Politics published an op-ed written by Steve Klinsky, former American Investment…
American Investment Council Launches New Video: Private Equity Secures Strong Returns for America’s Public Servants
WASHINGTON, D.C. – This week, the American Investment Council launched a new video highlighting why over 30 million Americans trust private equity to deliver strong…