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PEGCC response to calls for a Carried Interest tax hike

WASHINGTON – Steve Judge, the Interim President and CEO of the Private Equity Growth Capital Council offered the following statement in response to calls for a carried interest tax…

New Mountain Capital CEO Talks About Private Equity

Steve Klinsky, Founder and Chief Executive Officer of New Mountain Capital spoke with David Snow of Privcap about private equity.  Watch the full interview here.      

Riverside’s Hendrickson wins PEI Leadership Award

Riverside’s Hendrickson wins PEI award By Nicholas Donato Private Equity International Pam Hendrickson receives PEI’s Leadership Award for her work as an industry advocate in Washington DC and…
Legislative Priorities

PEGCC Response to William Cohan’s Bloomberg Column on Issue of Interest Deductibility

The Truth about Interest Deductibility A Response to William Cohan’s Bloomberg Column A January 23, 2012 column authored by William Cohan (“Private Equity’s Public Subsidy Is a Tragedy”)…

Steve Judge response to “What’s the point of private equity?”

What’s the point of private equity? Name: Steve Judge Company: Private Equity Growth Capital Council What is the ideal objective of private equity in the American economy? Private equity…

Hilton Worldwide CEO on the Benefits of Private Equity

Today on CNBC’s Squawk Box, Hilton Worldwide President and CEO Christopher Nassetta talked about the benefits of private equity ownership, calling Blackstone “the best thing that ever happened to…

Riverside Company Co-CEO Discuss Private Equity on PBS News Hour

PBS News Hour How Big a Role Do Private Equity Firms Play in U.S. Economy? SUMMARY As private equity firms gain more attention this election season, Judy Woodruff discusses whether private…

Hassett & Davis: “Private Equity Is a Force for Good”

Private Equity Is a Force for Good By Kevin Hassett and Steven J. Davis When Mitt Romney challenged Ted Kennedy for his Senate seat in 1994, Kennedy made Romney’s private equity career a…

Steve Judge in USA Today: Private Equity is a Positive Force for the Economy

Opposing view: ‘The ultimate risk-reward model’ By Steve Judge You wouldn’t know it from the recent political rhetoric, but private equity is a positive force in America’s economy. There…

Get the Facts on Private Equity

Private Equity Fast Facts There are 2,300 private equity firms in the U.S. In 2010, private equity firms invested more than $148 billion in 1,234 U.S. based companies in 2010. There are 14,200…

KKR portfolio company Dollar General draws up expansion plans

Dollar General draws up expansion plans Chain to march into Mass.  By Donna Goodison The largest of the so-called “dollar stores” plans to expand into Massachusetts this year. Dollar…

PEGCC Sets the Record Straight on Private Equity

Statement from Steve Judge, Interim President and CEO of the Private Equity Growth Capital Council (PEGCC) in response to recent political attacks that mischaracterize the industry: “There is a…

PEI: Private Equity to the Rescue

Private Equity to the Rescue Private Equity International ‘Traditional’ asset classes are expected to produce lackluster returns this year, highlighting once again the importance of private…

NY Times: Private Equity Firm Sees a Future in Flatware

Private Equity Firm Sees a Future in Flatware By Kevin Roose New York Times ONEIDA, N.Y. — Some local residents, when eating out, instinctively turn their utensils upside-down to look for a…

PEGCC Statement on Warren Hellman’s Passing

Washington, DC, December 19, 2011 – Today, Steve Judge, Interim President and CEO of the Private Equity Growth Capital Council, released the following statement on the passing of Warren Hellman,…

Carlyle sells Diversified Machine to Platinum Equity after growing revenue 4.5x & quadrupling workforce

Carlyle Sells Diversified Machine to Platinum Equity By Michael J. De La Merced New York Times – DealBook December 16, 2011 The Carlyle Group announced on Friday that it had sold Diversified…

PEGCC CEO Steve Judge Responds to Krugman Column in NY Times with Letter to the Editor

Private Equity Buyouts To the Editor: Paul Krugman’s Dec. 9 column, “All the G.O.P.’s Gekkos,” casts private equity firms as job destroyers, but we believe that the research tells a…

American Banker: Regulators Need to Give PE a Chance to Help Community Banks Thrive

Regulators Need to Give PE a Chance to Help Community Banks Thrive By Barbara A. Rehm American Banker December 14, 2011 Community banks are fighting the wrong battle in Washington. The…
Comment Letters

PEGCC Comments to the Financial Stability Oversight Council on the “Second Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies”

SUBMITTED ELECTRONICALLY Re:  Financial Stability Oversight Council (the “FSOC”) Second Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain…

Why Gingrich is wrong about Bain Capital, corporate takeovers, and private equity

Analysis from Professor Stephen Bainbridge regarding Newt Gingrich’s statements regarding Bain Capital, corporate takeovers, and private equity. Read the full article.