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Comment Letters

PEGCC FATCA Comment letter

SUBMITTED ELECTRONICALLY Re: Comments on the Foreign Account Tax Compliance Act and Proposed Regulations Issued Thereunder Dear Ms. Corwin and Messrs. Cabellero, Musher and Danilack: I am writing…

Watch the Latest Example of How Private Equity is at Work

Today Private Equity at Work launched its latest video success story highlighting how private equity lifted Rockwood Holdings, Inc. the largest global producer of lithium and lithium compounds used…

“Private Equity at Work” Video Highlights Rockwood Holdings’ PE-Fueled Expansions in NC, MI, NV and GA

With the support of private equity, Rockwood’s expansion will position the company to be the leading global provider of lithium compounds for electric and hybrid electric vehicles. Watch the full…

Video: Blackstone Sees Potential for Growth in Hilton Hotels

On CNN.com, Katie Benner interviewed Blackstone’s co-head of real estate investment, Jonathan Gray, about the private equity firm’s purchase of Hilton Hotels in 2007.  Blackstone recognized…
Case Studies

Rockwood Holdings: Hybrid Electric Vehicle Technology

Because of a decade long partnership with the private equity firm KKR, Rockwood Holdings, Inc. has expanded to become the largest global producer of lithium and…

CNN Money: Private Equity has best start since 07

According to new data from PitchBook, private equity is having its strongest year since 2007 in terms of sales and IPO’s due to an improving economy. The private equity business model emphasizes…
Strengthening Companies

WSJ Article Highlights How PE Creates Value

On Friday, The Wall Street Journal highlighted another example of private equity creating long term value for companies across America, profiling Annie’s Inc., which, with an injection of growth…

Private Equity Consistently Beats the S&P 500

 Judge: “The value of private equity as an asset class is seen in its consistent outperformance of the S&P 500.” Washington, D.C., April 3, 2012 – The Private Equity Growth Capital…

PEGCC Response to NYT Article on Alternative Investments

Julie Creswell’s Monday NYT piece lumps together the performance of a number of industries to make the case that “alternative investments” don’t deliver superior investment returns to public…
Strengthening Companies

The Motley Fool: Private Equity Is Good for America

In a recent op-ed published in The Motley Fool, PEGCC President & CEO, Steve Judge, highlights private equity’s contribution to the U.S. economy: The recent attention given to the private…

PEGCC President Steve Judge in Motley Fool: PE is Good for America

Private Equity Is Good for America Steve Judge, Special to The Motley Fool The recent attention given to the private equity industry, due in large part to the upcoming November presidential…

Video: Private Equity Investment Helps the Delaware City Refinery

In a new video released today, Blackstone (BX) catalogues the positive impact of its portfolio company, PBF Energy Company LLC (“PBF”) investment in the, and approximately 2,000 indirect jobs at…

Rapid City Journal Columnist: Private equity firms often misunderstood

The Rapid City Journal published a column yesterday explaining private equity and its importance for public pension funds like the South Dakota Retirement System (SDRS), which invested ten percent of…

Rapid City Journal: ‘Private equity’ firms often misunderstood

In yesterday’s Rapid City Journal, columnist Rick Kahler said the following about private equity: That is exactly what a private equity company does. It brings together substantial investors,…
Pensions

Bronwyn Bailey: Private Equity Buoys Pension Fund Returns

BY BRONWYN BAILEY The California Public Employees’ Retirement System decision on March 19 to reduce its assumed rate of return by a quarter point — to 7.5% from 7.75% — has rippled across the…
Strengthening Companies

Improving Operations is the Greatest Source of Value for Private Equity

Private equity is about building and growing companies not breaking them apart.  While invested in portfolio companies, private equity firms create value and strengthen companies by providing…
Strengthening Companies

Private Equity is about Strengthening Companies

The recent political discourse would have you believe that private equity and growth capital is about turning a quick profit, no matter what the cost to the acquired company may be.  But a cursory…

‘Quirk’ is a basic tenet of capitalism

Financial Times By Mr Steve Judge. Sir, Daniel Schäfer’s characterisation of the long-standing tax treatment of carried interest as a “scheme” or “quirk” is not only unfair but unfounded, and…

Video: Texas Pension Fund Manager Talks about the Importance of PE

Steve LeBlanc, a senior managing director for private markets for the Teacher Retirement System of Texas (TRS), yesterday appeared on CNBC’s Fast Money to discuss the important relationship between…

Pension Manager Discusses Benefits of PE Partnerships on CNBC

Steve LeBlanc, senior managing director for the Teacher Retirement System of Texas spoke with CNBC’s Fast Money about his fund’s partnership with private equity today, noting that by working with…