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Comment Letters

Testimony of Douglas Lowenstein, President of the Private Equity Council, before the House Financial Services Committee – July 17, 2009

Introduction Mr. Chairman and Members of the Committee, thank you for giving me the opportunity to present the Private Equity Council’s views on creating a forward looking approach to regulating…
Comment Letters

Private Equity Council testimony before Senate Banking Subcommittee

Testimony of Mark Tresnowski, Managing Director and General Counsel Madison Dearborn Partners, LLC on behalf of The Private Equity Council, before the Senate Banking Subcommittee on Securities,…

Private Equity Council supports PE firm registration with SEC

WASHINGTON, DC, July 15, 2009 – In testimony presented to the Senate Subcommittee on Securities, Insurance, and Investment, the Private Equity Council (PEC) today said it supports Obama…

Private Equity Council issues statement on FDIC’s proposed guidelines for investment of private capital in banking institutions

WASHINGTON, DC, July 2, 2009 – The Private Equity Council today issued the following statement on the Federal Deposit Insurance Corporation’s proposed guidelines for the investment of private…

Private Equity Council issues statement on Administration’s financial regulatory proposal

WASHINGTON, DC, JUNE 17, 2009 – The Private Equity Council today issued the following statement on the Obama Administration proposal for overhauling regulation of the nation’s financial system….

Private Equity Council issues statement on Secretary Geithner’s proposals on systemic risk regulation

WASHINGTON, DC, March 26, 2009 — The Private Equity Council today released the following statement regarding Treasury Secretary Geithner’s proposal, outlined in testimony before the House Financial…

Private Equity Council issues statement on Public-Private Investment Program

WASHINGTON, DC, March 23, 2009 — The Private Equity Council today issued the following statement on the U.S. Treasury Department’s planned Public-Private Investment Program (PPIP). The statement…

Private Equity Council issues statement on new World Economic Forum study of private equity

WASHINGTON, DC, February 17, 2009 – The Private Equity Council today issued the following statement on the new study of private equity investments issued by the World Economic Forum. The WEF research…

Private Equity Council members adopt guidelines for responsible investment

WASHINGTON, DC, February 10, 2009 -“The Private Equity Council today announced that its members have adopted a set of comprehensive responsible investment guidelines that they will apply prior to…

Large companies backed by private equity outpace peers in capital spending, sales, productivity

WASHINGTON, DC, January 27, 2009 – Large private equity-backed companies substantially outperformed their industry peers in capital spending, sales and productivity in the years following their…

Trade, education, public infrastructure, fiscal policy pose biggests challenges for U.S. global competitiveness

WASHINGTON, DC, December 15, 2008 — The incoming Obama Administration and the new Congress should invest in worker training and education, pursue trade liberalization, accelerate public and…

Private equity’s business model sets it apart from institutions at center of financial crisis, PEC study finds

WASHINGTON, DC, October 16, 2008 — Because of their unique business model, the way they raise capital, the type of investments they make and their modest share of the financial system, private…

Private Equity Council issues statement on new GAO report on private equity investment

WASHINGTON,DC, October 8, 2008 — The Private Equity Council issued the following statement on the report released yesterday by the Government Accountability Office on certain aspects of private…

Private Equity Council issues statement on Congressional passage of financial rescue package

WASHINGTON, DC, October 3, 2008 — The Private Equity Council today issued the following statement on Congressional passage of the financial rescue package. The statement should be attributed to…

Private Equity Council comments on Fed Board’s policy statement on equity investments in banks

WASHINGTON, DC, September 23, 2008 — The Private Equity Council today issued the following statement on the Federal Reserve Board’s policy paper on equity investments in banks and bank holding…
Comment Letters

The GAO, Private Equity and Pension Fund Investments

Overview In response to a recent study by the Government Accountability Office of pension fund investments in private equity and hedge funds, several members of Congress raised concerns about private…

“Demystifying the Credit Crunch,” a new white paper and glossary, now available at PEC web site

WASHINGTON, DC, July 30, 2008 — “Demystifying the Credit Crunch,” a 20-page primer and glossary intended to offer public officials, journalists and others a better understanding of the…

Private Equity Council issues statement on SEIU ‘Day of Action’

WASHINGTON, DC, July 17, 2008 – The Private Equity Council issued the following statement on the “Day of Action” being staged today by the Service Employees International Union. The statement should…