No Matter Where You Travel this Summer Private Equity is Supporting Innovation, Jobs & Small Businesses
As policy makers and their staffs travel to their states and congressional districts this August, the American Investment Council (AIC) released a new August recess packet showcasing how private equity is supporting innovation, jobs, small businesses, and retirements across our country. The AIC also launched advertisements at Ronald Reagan Washington National Airport to remind travelers of private equity’s positive local impact.
This summer, private equity is:
- Fueling American Innovation – From funding cutting-edge manufacturing to life-saving medical technologies, private investment is fueling innovation across America.
- Supporting Millions of Local Jobs Across America – Across America, private equity directly backs the jobs of over 12 million workers. Private equity-backed workers make more than $80,000 in annual wages and benefits, exceeding the national average.
- Investing in Small Businesses – 85% of all private equity investments went toward supporting small businesses with fewer than 500 employees. In 2022, the median private equity-backed business employed just 69 workers.
Across America, travelers will be surrounded by brands and chains that are backed by private equity.
- In the last 10 years, private equity has invested over $1 trillion to support more than 8,000 beloved consumer brands. Private equity has provided large-scale investments to improve businesses by unlocking their value and setting them up for long-term success. These investments have allowed consumer companies to modernize, grow, and meet ever-changing consumer demands.
