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MarketWatch: Taxing carried interest discourages investment

By Diana Furchtgott-Roth President Obama’s proposal to tax certain returns on investments, known as “carried interest,” as ordinary income would raise taxes on some investment partnerships….

PEGCC Statement on Chairman Camp’s Tax Proposal

Today, Steve Judge, President and CEO of the Private Equity Growth Capital Council, made the following statement in response to House Ways and Means Committee Chairman Dave Camp’s (R-MI) tax reform…

WSJ: Private Equity to Lead Tech IPOs

By Saranya Kapur Chief financial officers expect the surge in technology-sector initial public offerings last year to continue through 2014, with private equity-backed IPOs representing the…

Middle Market Private Equity Saves Big Name Retailers

A recent post on The New York Times DealBook blog details how middle market private equity firms can have a lasting impact, transforming struggling brands into stronger and more profitable…

Private Equity Shows Strong Finish as Investment Continues Upward Trend in Q4

Judge: “Last quarter, private equity invested more in U.S.-based companies than the previous year and returned a record amount of capital to investors…” Washington, D.C., February 13,…

PEGCC Performance Update: Private Equity Beats S&P 500 Over Long-Term

Bailey: “Consistent, long-term private equity performance helps to maximize returns and mitigate volatility risk for the portfolios of pension funds, charitable foundations and university…

P&I: Private equity’s contribution to strengthening a pension fund

In a recent op-ed published in Pensions & Investments, Christopher Gonzales, executive director and chief investment officer of the Houston Firefighters’ Relief & Retirement Fund (HFRRF)…

Pensions & Investments: Private equity’s contribution to strengthening a pension fund

By: Christopher E. Gonzales The strong performance of our private equity portfolio is helping us to strengthen the retirement security of our members and lower the cost to taxpayers and the city….

KKR’s Ken Mehlman Elected New Chairman of the Private Equity Growth Capital Council

Judge: “Ken is a unique talent with two decades of experience at the highest levels of government, politics and business. The PEGCC and our members will benefit tremendously from his leadership,…

Stanford: The Operational Consequences of Private Equity Buyouts

A recent study conducted by Stanford Graduate School of Business assistant professor Shai Bernstein dispels the misconception that private equity is a “strip and flip” business, proving that the…

Dealbook: Labor Lauds Erstwhile Foe, for One Deal at Least

By William Alden PHILADELPHIA — The grizzled labor leaders in the audience had scarcely seen anything like it. A top private equity executive, David M. Marchick, leaned in and planted a…

Private Equity Executives Honored by Local Steelworkers Union

Carlyle Managing Director David Marchick and Philip Rinaldi, chief executive of Philadelphia Energy Solutions, were honored with “Solidarity and Appreciation Awards” at a recent steelworkers…

Philadelphia Inquirer: Union to honor 2 in management for saving refinery

By Jane M. Von Bergen Nothing unusual about the banquet menu lined up for Saturday evening’s steelworkers union awards dinner – boneless breast of chicken, linguine Alfredo for the…

PEGCC Statement Applauding House Passage of H.R. 1105

WASHINGTON, D.C. – Today, Steve Judge, President and CEO of the Private Equity Growth Capital Council made the following statement upon passage of H.R. 1105, The Small Business Capital Access and…

The Hour: Himes visits offices of laundry products company in Wilton

By MATT KIERNAN WILTON – Congressman Jim Himes visited Sun Products’ corporate offices in Wilton, a provider of household care items, on Monday to meet with company executives and address…

Public-Private Partnerships Benefit the American Economy

In a recent op-ed posted on The Hill’s Congress blog, Christopher Lee and Sean Medcalf, managing partner and associate at PEGCC member firm Highstar Capital, tout the value of public private…

The Des Moines Register: “Iowa-based private equity firms save Osceola steel plant”

In a Sunday piece, the Des Moines Register told the story of a struggling Osceola, Iowa-based steel plant, forced to cut jobs and barely keeping the lights on after falling on hard times. Thankfully,…

Private Equity Investment Rises for Second Consecutive Quarter to $87 Billion in Q3 According to PEGCC Quarterly Trends Report

Judge: “Private equity continues to be a vital source of investment capital for American businesses and a much-needed shot in the arm for the U.S. economy.” WASHINGTON, D.C. – Private equity…

Private Equity Returns Continue to Outpace S&P 500, According to PEGCC Quarterly Performance Update

Judge: “This report highlights the superior returns that attract limited partners to the private equity and growth capital asset class.” Washington, D.C. – The Private Equity Growth Capital…

New Report Ranks Top 10 Pension Funds by Private Equity Returns and Allocations

Private equity returns to large public pension funds continue to outperform all other asset classes over 10-year time horizons, according to new PEGCC data. The study examines 146 U.S. public…