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New Mexico Commits To Private Equity To Boost Local Start-Ups

In a recent posting, The Wall Street Journal’s Dawn Lim highlights the news of the New Mexico State Investment Council (SIC) establishing a $20 million allocation to funds that “help finance seed…

Key insights for PE from EY’s Capital Confidence Barometer

Nearly three-quarters of US executives said that they plan to pursue a deal sometime in the next year, according to our latest Capital Confidence Barometer, a biannual survey of more than 1,600…

Private Equity Growth Capital Council Releases Annual Pension Study, Powered by Bison

Massachusetts Pension Reserves Investment Trust Fund Tops Yearly Study with 17.93 Percent Annualized 10-Year Private Equity Return WASHINGTON – Today the Private Equity Growth Capital Council…

Case Study: Private Equity Helped Michigan Company Grow and Expand Operations

To learn more about the project and see what it means for Michigan, watch the new Private Equity Case Study video.  WASHINGTON – Today, the Private Equity Growth Capital Council (PEGCC) released…

Private Equity Growth Capital Council Launches New Website

WASHINGTON – Today the Private Equity Growth Capital Council unveiled its newly designed website at pegcc.org, complete with an interactive state map that highlights the impact private equity has in…

Fiduciary Proposal Would Bar Certain Retirement Plans from Investing in Private Equity Funds

By Robert J. Raymond, Cleary Gottlieb Steen & Hamilton LLP The Department of Labor’s (“DOL”) proposed rules expanding the circumstances where a person is considered a “fiduciary” for…

Private Equity Sees Strong Investment in Q3 of 2015

WASHINGTON – Private equity investment increased by 15 percent to $154 billion in the third quarter of this year, according to the most recent Private Equity Growth Capital Council’s (PEGCC)…

CalPERS’ Cites Private Equity as Best Performer, Indispensable Part of Portfolio

CalPERS’ Chief Investment Officer Theodore Eliopoulos said on Monday that private equity is CalPERS’ best performing long-term asset class, offering proof in numbers. For the five years that…

The Hill: Carried interest is a capital gain

By James Maloney: In his Oct. 16 Congress Blog post for The Hill, “What the carried interest tax loophole reveals about our corrupt political system,” Morris Pearl builds an argument based on…

Veterans Initiative Summit

Leadership from Blackstone, Carlyle, KKR and TPG with First Lady Michelle Obama at the inaugural Veterans Initiative…

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…

The Hill: The case for carried interest

By Mary Petrovich: There is a strong consensus among presidential candidates and the general public that our tax code is too complex and in need of reform. As a business owner, I agree. However, I…

Op-ed: Tune out the growing tax hike chorus

Milwaukee-Wisconsin Journal Sentinel Op-ed: Tune out the growing tax hike chorus By Brett Healy And Patrick M. Gleason An issue recently emerged on the 2016 campaign trail that is uniting a…
Legislative Priorities

Carried Interest Capital Gains

What is it? Carried interest capital gains is important because it serves to align a fund manager’s interests with those of the fund’s limited partners (LPs), like pension funds, university…