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Legislative Priorities

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Legislative Priorities

CFIUS Reform

WHAT IS IT? The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee tasked with reviewing potential foreign investments in the U.S. and determining whether such…
Legislative Priorities

American Investment Council Applauds Investment Advisers Modernization Act

WASHINGTON – A bipartisan group of legislators introduced the Investment Advisers Modernization Act of 2016. Cosponsored by House Financial Services Committee members Robert Hurt (R-VA), Juan…
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…
Legislative Priorities

Interest Deductibility

What is it? Interest deductibility refers to the allowance under the U.S. tax code for a business to deduct interest expense from its taxable income, currently up to 30 percent of the businesses…
Carried Interest

First Quarter President’s Report

By: Steve Judge   The first quarter of 2015 saw an increase in partisanship and a focus on international issues, which made substantive legislation more difficult to achieve. We continue to…
Legislative Priorities

CEO CAPITOL HILL DAY

Chris Abraham, CEO of Service King (a Blackstone Group and Carlyle Group portfolio company) and Congressman Pete Sessions…
Legislative Priorities

The SEC’s Year of Enforcement

By: John Sikora Jr., Partner, Latham & Watkins, LLP    What Is a Private Equity Fund Manager to Make of the SEC’s Year in Enforcement? In reviewing the results of SEC Enforcement’s fiscal…
Legislative Priorities

PEGCC Holds First Environmental, Social, and Corporate Governance (ESG) Seminar

The Council held its first seminar in a new educational series on environmental, social, and corporate governance (ESG) programs on May 22nd at Paul, Weiss, Rifkind, Wharton & Garrison LLP in New…
Carried Interest

PEGCC President & CEO Discusses Tax Reform on Bloomberg TV

This week, PEGCC President and CEO Steve Judge discussed tax reform and other private equity issues on Bloomberg TV’s Market Makers with Erik Shatzker and Stephanie Ruhle.
Legislative Priorities

Final Volcker Rule Regulations Released

Regulators issued the final Volcker Rule regulations on December 10, 2013. While the Volcker Rule will remain a significant impediment to raising capital from U.S. banking entities, the final Volcker…
Legislative Priorities

Bipartisan Registration Exemption Legislation Approved by the House of Representatives

On Wednesday, December 4, the House of Representatives approved legislation (H.R. 1105) to exempt private equity investment advisers from registering with the Securities and Exchange Commission (SEC)…
Legislative Priorities

Ropes & Gray LLP: Disqualification of “Bad Actors” from Regulation D Offerings

By Jason Brown Ropes & Gray LLP Effective September 23, 2013, the SEC adopted amendments to Regulation D to disqualify securities offerings involving “bad actors” from reliance on the…
Legislative Priorities

PEGCC Applauds Passage of H.R. 1105 by the House Financial Services Committee

WASHINGTON, DC – Today, Steve Judge, President and CEO of the Private Equity Growth Capital Council made the following statement about the House Financial Services Committee’s passage of H.R. 1105,…
Legislative Priorities

PEGCC Statement on H.R. 1105, The Small Business Capital Access And Job Preservation Act

WASHINGTON, DC – Today, Steve Judge, President and CEO of the Private Equity Growth Capital Council made the following statement on H.R. 1105, The Small Business Capital Access And Job Preservation…
Carried Interest

PEGCC Comment Letter on Carried Interest

Please click here for a PDF version. SUBMITTED ELECTRONICALLY April 15, 2013 The Honorable Dave Camp   Chairman Committee on Ways and Means United States House of Representatives 1102…
Legislative Priorities

Sen. Richard Burr Visits Inmar

Inmar CEO David Mounts: “Private equity has positioned us as a stronger, more innovative company, able to compete over the long-term.” Today Senator Richard Burr (R-NC) visited Inmar at their…