News
CNN Money: Private Equity has best start since 07
According to new data from PitchBook, private equity is having its strongest year since 2007 in terms of sales and IPO’s due to an improving economy. The private equity business model emphasizes…
Private Equity Consistently Beats the S&P 500
Judge: “The value of private equity as an asset class is seen in its consistent outperformance of the S&P 500.”
Washington, D.C., April 3, 2012 – The Private Equity Growth Capital…
PEGCC Response to NYT Article on Alternative Investments
Julie Creswell’s Monday NYT piece lumps together the performance of a number of industries to make the case that “alternative investments” don’t deliver superior investment returns to public…
Strengthening Companies
The Motley Fool: Private Equity Is Good for America
In a recent op-ed published in The Motley Fool, PEGCC President & CEO, Steve Judge, highlights private equity’s contribution to the U.S. economy:
The recent attention given to the private…
PEGCC President Steve Judge in Motley Fool: PE is Good for America
Private Equity Is Good for America
Steve Judge, Special to The Motley Fool
The recent attention given to the private equity industry, due in large part to the upcoming November presidential…
Rapid City Journal Columnist: Private equity firms often misunderstood
The Rapid City Journal published a column yesterday explaining private equity and its importance for public pension funds like the South Dakota Retirement System (SDRS), which invested ten percent of…
Rapid City Journal: ‘Private equity’ firms often misunderstood
In yesterday’s Rapid City Journal, columnist Rick Kahler said the following about private equity:
That is exactly what a private equity company does. It brings together substantial investors,…
Pensions
Bronwyn Bailey: Private Equity Buoys Pension Fund Returns
BY BRONWYN BAILEY
The California Public Employees’ Retirement System decision on March 19 to reduce its assumed rate of return by a quarter point — to 7.5% from 7.75% — has rippled across the…
‘Quirk’ is a basic tenet of capitalism
Financial Times
By Mr Steve Judge.
Sir, Daniel Schäfer’s characterisation of the long-standing tax treatment of carried interest as a “scheme” or “quirk” is not only unfair but unfounded, and…
Video: Texas Pension Fund Manager Talks about the Importance of PE
Steve LeBlanc, a senior managing director for private markets for the Teacher Retirement System of Texas (TRS), yesterday appeared on CNBC’s Fast Money to discuss the important relationship between…
Pension Manager Discusses Benefits of PE Partnerships on CNBC
Steve LeBlanc, senior managing director for the Teacher Retirement System of Texas spoke with CNBC’s Fast Money about his fund’s partnership with private equity today, noting that by working with…
Strengthening Companies
Cincinnati Enquirer Examines How Private Equity Plays Critical Role in the Economy
Last week, The Cincinnati Enquirer published an article that takes an in-depth look at how private equity impacts companies in Ohio and Kentucky. Titled “Under Scrutiny, Private Equity Plays…
Cinci Enquirer: “Private Equity Plays Critical Role”
BUSINESS IN-DEPTH: Under scrutiny, private equity plays critical role
Written by Alexander Coolidge and Josh Pichler
Vince Nardy has a vision for AFC Industries Inc., the Fairfield company…
Private Equity Campaign Launched
On February 2, the PEGCC launched “Private Equity at Work,” a new initiative aimed at educating media, policy makers and the public about the private equity industry and its positive…
Washington Outlook: With Payroll Tax Holiday Extended, Legislative Action May Subside as Political Messaging Ramps Up In Advance of the Election
After much debate, Congress recently passed the “Middle Class Tax Relief and Job Creation Act of 2012,” and was signed into law by President Obama on February 22. This $143 billion measure…
Pensions
Private Equity Keeps Public Pensions Sound
In an op-ed published in The Wall Street Journal, Steve LeBlanc, senior managing director for private markets for the Teacher Retirement System of Texas (TRS), a $110 billion fund with $44 billion in…
Dodd-Frank Update: PEGCC Files Comment Letter on the Volcker Rule
On February 13, 2012, the PEGCC filed comments on proposed regulations implementing the Volcker Rule. Although the PEGCC’s members are not themselves directly subject to the Volcker Rule, the…
Fourth Quarter PE Index Released
Despite higher investment levels, overall private equity activity fell during the fourth quarter of 2011, according to the Private Equity Index (PE Index) released today by the Private Equity Growth…
Private Equity at Work Releases New Video Featuring Investment in Detroit
Today, Private Equity at Work added a new video case study featuring new advancements being made at the Detroit Medical Center thanks to private equity. You can watch the video here.
The Detroit…