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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…

Latham & Watkins: Delaware Merger Statute Facilitates Private Equity Tender Offers: New Section 251(h)

Private equity buyers will welcome new amendments to the Delaware General Corporation Law (DGCL), which became effective August 1, 2013, intended to streamline the tender offer structure for…
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)…

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

The Private Equity Growth Capital Council announced on December 19 that Ken Mehlman has been elected Chairman of the Council’s Board of Directors. Mr. Mehlman serves as a Member and Global Head of…

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…

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…

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…

PEGCC Releases Quarterly Performance Update

The PEGCC recently released its latest quarterly performance update which shows private equity returns (net of fees) outperformed the S&P 500 (including dividends) for 3-year, 5-year and 10-year…

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…

Paul Weiss on Sun Capital ERISA Case

By Lewis R. Clayton, Robert C. Fleder and Udi Grofman Private equity funds are considering the impact of the widely-discussed Sun Capital ruling, which increases the risk that funds will be…
Pensions

Steve Judge: Why a Pension Case Will Not Change Private Equity Tax Law

In a recent column featured of the New York Times DealBook blog, PEGCC President and CEO Steve Judge provides refutes columnist Steven M. Davidoff’s flawed argument that the Sun Capital ERISA case…
Pensions

Steve Judge on Bloomberg: “Private Equity is the Best Performing Asset Class for Pension Funds.”

On October 23rd, Private Equity Growth Capital Council CEO Steve Judge appeared on Bloomberg’s Money Moves to discuss the PEGCC’s recently released pension report. “These are great results,”…
Pensions

PEGCC Releases Annual Pension Data

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…
Pensions

DealBook: Why a Pension Case Will Not Change Private Equity Tax Law

by Steve Judge Steve Judge is president and chief executive of the Private Equity Growth Capital Council. In a recent Deal Professor column, Steven M. Davidoff writes that a recent pension case…
Pensions

PEGCC President & CEO on Bloomberg TV to Discuss New Public Pension Fund Analysis & Rankings

Private Equity Growth Capital Council CEO Steve Judge discusses investing in private equity with Deirdre Bolton on Bloomberg Television’s “Money Moves.” (Source: Bloomberg)  
Pensions

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

Judge: “Time and again private equity has proven that it’s the single best asset class for public pensions, by delivering superior returns over long time horizons.” Washington, D.C.,…