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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…
Reuters: House Republicans question SEC oversight of private equity funds
By Sarah N. Lynch
Two key Republicans in the U.S. House of Representatives are questioning whether federal securities regulators are spending too much of their time conducting compliance…
Private Equity Manager: Fortune’s tax boogeyman
It’s misleading to label an IRS investigation into inter-company lending as a private equity problem.
Fortune recently caused quite a stir amongst private equity folk when it ran a piece headlined…
Private Capital Helping Small- and Mid-Sized Businesses Grow
Private capital, including private equity, plays a critical role in helping small- and mid-sized businesses grow and create jobs. In a recent blog post, the Association for Corporate Growth (ACG)…
PEGCC ERISA brief featured in Pensions & Investments
Private equity group backs Sun Capital Partners over pension liability
By Hazel Bradford
Sun Capital Partners gained support in its legal battle over potential pension liabilities from the…
PEGCC Launches Private Equity Trends Report; Finds Activity Rebounded in Q2
Bailey: “The trends in Q2 provide optimism for private equity’s investors and fund managers alike.”
WASHINGTON, DC – The Private Equity Growth Capital Council (PEGCC) released its first quarterly…
CFO Magazine: How Private Equity is Driving Value
By Vincent Ryan
A new study from Ernst & Young shows that in recent years private-equity-owned firms have outperformed their publicly held peers with the returns they generated for investors…
With Private Equity, Entrust Provides More Innovative Cyber Security Solutions
With reports of cyber-attacks on the rise, governments, businesses and consumers alike are concerned about securing private data like the identities of government employees abroad, intellectual…
Private Equity-backed Entrust Defends Governments and Businesses from the Emerging Threat of Cyber-Attacks
Judge: “Private equity is long-term capital that is being put to use to solve some of our country’s greatest security challenges.”
With reports of cyber-attacks on the rise, governments,…