News
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.
NRO: Paul Krugman on Private Equity Transactions
Paul Krugman on Private Equity Transactions
By Reihan Salam
National Review Online
December 9, 2011 11:56am
A close friend kindly pointed me to an eye-catching juxtaposition in Paul Krugman’s…