Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website. # American Investment Council ## Sitemaps - [XML Sitemap](https://www.investmentcouncil.org/sitemap_index.xml): Includes all crawlable and indexable pages. ## Posts - [New Report Highlights How Private Credit Powers Businesses Across America](https://www.investmentcouncil.org/new-report-highlights-how-private-credit-powers-businesses-across-america/): Dunham: "Private credit direct lending plays a critical role in our economy, supporting countless small and midsized businesses across the U.S." - [NEW REPORT: Private Equity Remains the Top-Performing Asset Class for America’s Public Pension Funds](https://www.investmentcouncil.org/new-report-private-equity-remains-the-top-performing-asset-class-for-americas-public-pension-funds/): Farouki Majeed, CIO of Ohio SERS: “Private equity continues to be the highest returning asset class in our portfolio over 10 years and longer periods and thus contributes positively to the long-term sustainability of the pension fund.” - [ICYMI: Fortune Op-Ed: Georgetown Researcher Makes the Case for Private Market Assets in 401(k)s](https://www.investmentcouncil.org/icymi-fortune-op-ed-georgetown-researcher-makes-the-case-for-private-market-assets-in-401ks/): “Our research has consistently shown that the inclusion of private equity, private credit, and private real assets in target-date funds can materially improve retirement outcomes.” - [AIC’s Will Dunham Talks PE Support of Small Businesses, Workers on ‘The Deciders’ Podcast](https://www.investmentcouncil.org/aics-will-dunham-talks-pe-support-of-small-businesses-workers-on-the-deciders-podcast/): Dunham: “Our members are professional business builders … They go find businesses that are struggling or businesses that are doing just fine and they help them level up. They help them be great.” - [ICYMI – WaPo Editorial Board: “Jersey Mike’s Is Growing. Thank Private Equity.”](https://www.investmentcouncil.org/icymi-wapo-editorial-board-jersey-mikes-is-growing-thank-private-equity/): “Blackstone left the good products alone, cut back on C-suite excesses, grew the chain, and is thinking long-term. If that doesn’t sound like private equity, maybe it’s worth considering whether the populist caricature of it is fair.” - [ICYMI: New Op-Ed: State Bans on PE Investment in Healthcare Are Based on Flawed Research](https://www.investmentcouncil.org/icymi-new-op-ed-state-bans-on-pe-investment-in-healthcare-are-based-on-flawed-research/): “If we want to cure what ails health care, we need to start with an accurate diagnosis. Limiting or banning private equity investments that can—and do—improve Americans’ health is no cure at all.” - [Survey: More Than 8 in 10 Investors View Private Credit as a Key Source of Income and Diversification](https://www.investmentcouncil.org/survey-more-than-8-in-10-investors-view-private-credit-as-a-key-source-of-income-and-diversification/): Washington, D.C. - Private credit investors overwhelmingly agree that the asset class is a durable source of value and plan to maintain or increase their exposure to it, according to a new survey of 200 institutional investors and Registered Investment Advisers (RIAs). The American Investment Council (AIC) commissioned the survey, which found broad confidence in private credit across investor types. - [New Report: For 250 Years, Private Capital Has Fueled American Innovation, Growth, and Prosperity](https://www.investmentcouncil.org/new-report-for-250-years-private-capital-has-fueled-american-innovation-growth-and-prosperity/): Dunham: “From financing early merchants to backing the technologies that define the modern economy, private capital has always been integral to our nation’s vitality and dynamism.” - [AIC Releases Comment Letter Supporting DOL Proposed Rule Expanding Americans’ Retirement Options](https://www.investmentcouncil.org/aic-releases-comment-letter-supporting-dol-proposed-rule-expanding-americans-retirement-options/): Washington, D.C. – In a new comment letter released today, the American Investment Council (AIC) expressed its strong support for the Department of Labor’s (DOL) proposed rule to strengthen retirements by expanding access to alternative assets through 401(k)s. The comment letter was submitted to the agency on June 1 as part of the proposal’s public comment period. - [National Small Business Month: Private Equity Helps Entrepreneurs Go from 2 AM Idea to Thriving Small Businesses](https://www.investmentcouncil.org/national-small-business-month-private-equity-helps-entrepreneurs-go-from-2-am-idea-to-thriving-small-businesses/): Washington, D.C. – In celebration of National Small Business Month, the American Investment Council has launched a new advertising campaign, including prominent placements at Ronald Reagan Washington National Airport, showcasing private equity's role in supporting small businesses across America. - [What They Are Saying: Regulators Affirm Private Credit Does Not Pose Systemic Risk](https://www.investmentcouncil.org/what-they-are-saying-regulators-affirm-private-credit-does-not-pose-systemic-risk/): Washington, D.C. – In an interview today with CNBC’s Invest In America Forum, U.S. Treasury Secretary Scott Bessent affirmed that private credit does not pose a systemic risk.  “So, you know, at Treasury, we monitor all aspects of the capital markets, and private credit is one. I think it’s been an important new product, and we’re keeping track of it,” said Secretary Bessent. “None of our work has shown that there would be a systemic problem.” Other top financial regulators, policymakers, and industry leaders have also recently reiterated that the private credit industry, which supports American small and mid-sized businesses, does not constitute a “systemic risk” to the U.S. financial system, countering current media narratives.  - [Editorial Boards, Experts Praise DOL Proposed Rule Expanding Private Market Access in 401(k)s](https://www.investmentcouncil.org/editorial-boards-experts-praise-dol-proposed-rule-expanding-private-market-access-in-401ks/): Last week, the Department of Labor (DOL) announced a proposed rule that would open the door for tens of millions of Americans with 401(k) plans to incorporate private market investments, including private equity and private credit, into their retirement savings. - [What They Are Saying: Support for Expanding Americans’ Options to Strengthen Their 401(k)s](https://www.investmentcouncil.org/what-they-are-saying-support-for-expanding-americans-options-to-strengthen-their-401ks/): Washington, D.C. – On Monday, the Department of Labor (DOL) announced a proposed rule that paves the way for tens of millions of Americans with 401(k) plans to invest in private markets, including private equity and private credit, to strengthen and secure their retirements. - [AIC Applauds DOL for Expanding Americans’ Options to Strengthen Their Retirements](https://www.investmentcouncil.org/aic-applauds-dol-for-expanding-americans-options-to-strengthen-their-retirements/): Washington, D.C. – Today, American Investment Council (AIC) CEO Will Dunham released the following statement on the Department of Labor’s (DOL) proposed rule on the inclusion of alternative assets, including private equity and private credit, in 401(k) plans:  - [Georgetown University Research Highlights Value of Adding Private Assets to Improve Retirement Incomes](https://www.investmentcouncil.org/georgetown-university-research-highlights-value-of-adding-private-assets-to-improve-retirement-incomes/): A recent blog post from the Georgetown University Center for Retirement Initiatives(CRI) highlights new research showing that adding private market assets, such as private equity, private credit, and private real assets, to defined contribution plans like 401(k)s can meaningfully improve retirement income outcomes for American workers. Key Takeaways: - [AIC CEO in the Financial Times: Everyday savers deserve to enjoy the strengths of private markets](https://www.investmentcouncil.org/aic-ceo-in-the-financial-times-everyday-savers-deserve-to-enjoy-the-strengths-of-private-markets/): Dunham: “Expanding 401(k) access to private markets is a matter of expanding investor choice… The same investment options that support 35mn pensions for teachers, firefighters, and public servants should be available to all.” - [The State of the Union: Private Investment Drives Growth, Fuels Jobs, and Strengthens American Retirements](https://www.investmentcouncil.org/the-state-of-the-union-private-investment-drives-growth-fuels-jobs-and-strengthens-american-retirements/): WASHINGTON, D.C. — Ahead of President Trump’s State of the Union address, the American Investment Council (AIC) is highlighting the critical role that private investment plays in driving economic growth, creating jobs, and strengthening retirement security for millions of Americans. - [NEW REPORT: Private Equity Secondaries Market Provides Liquidity and Flexibility](https://www.investmentcouncil.org/new-report-private-equity-secondaries-market-provides-liquidity-and-flexibility/): Dunham: “Secondary transactions provide valuable liquidity and flexibility for investors in a maturing private equity market.” - [AIC Welcomes Kevin Callahan as Vice President of State Government Affairs](https://www.investmentcouncil.org/aic-welcomes-kevin-callahan-asvice-president-of-state-government-affairs/): Dunham: “Kevin’s extensive experience shaping and influencing legislation at the state level will be instrumental as we continue to highlight the benefits private investment provides to local communities.” - [AIC Year in Review: Private Investment Creates Jobs, Expands Opportunity, and Strengthens Retirement Security](https://www.investmentcouncil.org/aic-year-in-review-private-investment-creates-jobs-expands-opportunity-and-strengthens-retirement-security/): WASHINGTON, D.C. – In 2025, private investment played a critical role in sustaining U.S. economic strength by supporting job creation, empowering small businesses, and strengthening retirement security. As the voice of the private equity (PE) and private credit industry, the American Investment Council (AIC) this year highlighted the industry’s significant positive economic impact, educating key audiences, and advocating for meaningful policies that support long-term growth. - [AIC President in Fortune: “Private equity is an essential part of solving our country’s retirement crisis”](https://www.investmentcouncil.org/aic-president-in-fortune-private-equity-is-an-essential-part-of-solving-our-countrys-retirement-crisis/): Dunham: “The evidence is in: Private equity is the kind of diversified, highly profitable investment that Americans should be able to choose as they think about their futures." - [NEW REPORT: Private Equity Delivers Stronger Long-Term Returns Than Any Other Asset Class](https://www.investmentcouncil.org/new-report-private-equity-delivers-stronger-long-term-returns-than-any-other-asset-class/): Dunham: “The data is clear: private equity provides consistent and reliable long-term returns for investors while safeguarding financial stability for millions of Americans.” - [Celebrating Small Business Saturday: Private Equity Powers America’s Small Businesses](https://www.investmentcouncil.org/celebrating-small-business-saturday-private-equity-powers-americas-small-businesses/): 'Eighty-five percent of private equity investment goes to businesses with fewer than 500 employees.’ - [AIC Announces Caitlin Carroll as New Senior Vice President of Public Affairs](https://www.investmentcouncil.org/aic-announces-caitlin-carroll-as-new-senior-vice-president-of-public-affairs/): Dunham: “Caitlin’s communications experience spans Fortune 100 companies, Capitol Hill policymaking, and state-level healthcare advocacy, making her exceptionally well positioned to lead AIC’s communications efforts.” - [AIC Letter in the Wall Street Journal: Who’s Worried About a Private Credit Winter? ](https://www.investmentcouncil.org/aic-letter-in-the-wall-street-journal-whos-worried-about-a-private-credit-winter/): Dunham: “Private credit is defined by its flexibility. Unlike traditional lenders, these creditors can make quick adjustments to deals to ensure stability and manage risk.”  - [New Video: AIC Brings Private Equity-Backed Van Leeuwen Ice Cream and Little Sesame Hummus to Capitol Hill ](https://www.investmentcouncil.org/new-video-aic-brings-private-equity-backed-van-leeuwen-ice-cream-and-little-sesame-hummus-to-capitol-hill/): Will Dunham: “People might think of Wall Street when they hear private equity, but they should think of Main Street, because that's where the investments are going.”  - [New Videos Showcase How Private Equity Helped Little Sesame and Van Leeuwen Grow into National, Beloved Food Brands](https://www.investmentcouncil.org/new-videos-showcase-how-private-equity-helped-little-sesame-and-van-leeuwen-grow-into-national-beloved-food-brands/): Nick Wiseman, CEO of Little Sesame: "Without private equity, we wouldn't have been able to build the infrastructure and team to actually go make the product every single day." - [AIC Celebrates National Retirement Security Week 2025](https://www.investmentcouncil.org/aic-celebrates-national-retirement-security-week-2025/): Marcie Frost, CEO of CalPERS: “ is an asset class we have conviction in, and we think it will outperform the public markets over the long term, and why shouldn’t our members have access to those outsized returns?” - [AIC & Punchbowl News Host Event with Rep. Rudy Yakym Discussing How Private Capital is Investing in Indiana ](https://www.investmentcouncil.org/aic-punchbowl-news-host-event-with-rep-rudy-yakym-discussing-how-private-capital-is-investing-in-indiana/): Rep. Yakym: “We want to really get on this path of democratizing access to private capital, to allow more Hoosiers to make their own investment decisions” - [AIC Announces Chris Toppings as New Co-Head of Government Affairs Alongside Newly Promoted Lee Slater ](https://www.investmentcouncil.org/aic-announces-chris-toppings-as-new-co-head-of-government-affairs-alongside-newly-promoted-lee-slater/): Dunham: “Chris brings deep expertise in tax, trade, and financial services policy. Paired with Lee’s extensive leadership experience at the highest levels of government, they will be an invaluable resource to AIC members." - [AIC Hosts Food Truck Event on Capitol Hill with Van Leeuwen and Little Sesame](https://www.investmentcouncil.org/aic-hosts-food-truck-event-on-capitol-hill-with-van-leeuwen-and-little-sesame/): Innovate. Invest. Enjoy! - [Celebrating National 401(k) Day: All Americans Deserve Access to Private Equity’s Strong Returns](https://www.investmentcouncil.org/celebrating-national-401k-day-all-americans-deserve-access-to-private-equitys-strong-returns/): Will Dunham, AIC President and CEO: "For decades, public pension funds have invested in private assets because they deliver strong returns over the long term and are a smart, safe way to diversify retirement savings.” - [NEW REPORT: Private Equity Investments Boost Small & Mid-Market Businesses](https://www.investmentcouncil.org/new-report-private-equity-investments-boost-small-mid-market-businesses/): Dunham: “Private equity is a steadfast partner for America’s small and mid-sized businesses, providing the capital, expertise, and strategic guidance necessary to thrive in today’s changing economy.” - [AIC Expresses Support for Administration’s Swift Action to Give More Americans Access to Private Investment](https://www.investmentcouncil.org/aic-expresses-support-for-administrations-swift-action-to-give-more-americans-access-to-private-investment/): New White House Council of Economic Advisers Report Highlights Value of Private Investment  - [All Americans Should Have Access to Private Investment](https://www.investmentcouncil.org/401k-2/): AIC President and CEO Will Dunham released the following statement regarding President Trump’s Executive Order to democratize access to alternative assets for 401(k) investors:  - [All Americans Should Have Access to Private Investment](https://www.investmentcouncil.org/401k2/): AIC President and CEO Will Dunham released the following statement regarding President Trump’s Executive Order to democratize access to alternative assets for 401(k) investors:  - [More Public Pensions Turn to Private Equity to Deliver Strong Returns for Retirees](https://www.investmentcouncil.org/more-public-pensions-turn-to-private-equity-to-deliver-strong-returns-for-retirees/): CalPERS CEO: “ an asset class we have conviction in, and we think it will outperform the public markets over the long term, and why shouldn’t our members have access to those outsized returns?” - [Private Investment Continues to Fuel AI Innovation Across the Country](https://www.investmentcouncil.org/private-investment-continues-to-fuel-ai-innovation-across-the-country/): Jonathan D. Gray, President and COO, Blackstone Group: “As much as this technology is so exciting, unless we get the energy side right, we can't pursue this... private capital will be a really important part of the answer.” - [New Video: Public Pension Leaders on Why They Invest in Private Equity ](https://www.investmentcouncil.org/new-video-public-pension-leaders-on-why-they-invest-in-private-equity/): WASHINGTON, D.C. – Today, the American Investment Council released a new video featuring leaders at public pension funds speaking about how private equity delivers strong returns and helps diversify retirement accounts for public servants.  Click here to view full on-camera remarks from: - [NEW STUDY: Private Equity Delivers the Strongest Returns for Retirees Across America](https://www.investmentcouncil.org/new-study-private-equity-delivers-the-strongest-returns-for-retirees-across-america/): Dunham: “Year after year, private equity has outperformed every major asset class over the long term, offering reliable and robust returns even during periods of economic volatility” - [AIC Announces Will Dunham as President and CEO](https://www.investmentcouncil.org/aic-announces-will-dunham-as-president-and-ceo/): WASHINGTON, D.C. – The American Investment Council (AIC) today announced that Will Dunham has been named as the incoming President and CEO. Dunham will succeed AIC President and CEO Drew Maloney who will become President and CEO of the Edison Electric Institute on July 1st.  - [House Small Business Committee Holds Subcommittee Hearing Praising Private Capital for Supporting Small Businesses ](https://www.investmentcouncil.org/house-small-business-committee-holds-subcommittee-hearings-praising-private-capital-for-supporting-small-businesses/): Rep. Beth Van Duyne (R-TX): “Across every state and Congressional district, private equity is empowering American entrepreneurs to build and expand their businesses from the ground up." - [New Op-ed: Private Credit Is Fueling Small Businesses, Manufacturing](https://www.investmentcouncil.org/new-op-ed-private-credit-is-fueling-small-businesses-manufacturing/): Hagler: “Private credit is filling a crucial gap in our economy: empowering small businesses and manufacturers to grow, compete and lead.” - [New Report: Private Equity Empowers American Workers through Investments and Shared Ownership Opportunities](https://www.investmentcouncil.org/new-report-private-equity-empowers-american-workers-through-investments-and-shared-ownership-opportunities/): Nationwide, more than 13 million workers are employed at more than 21,000 private equity-backed businesses. - [New Report: Private Credit Strengthens U.S. Economy with More Jobs and Higher Pay for American Workers](https://www.investmentcouncil.org/new-report-private-credit-strengthens-u-s-economy-with-more-jobs-and-higher-pay-for-american-workers/): In 2024, private credit supported 2.5 million U.S. jobs, contributed over $370 billion to GDP, and delivered $217 billion in wages and benefits to American workers. - [Built in America. Backed by Private Equity.](https://www.investmentcouncil.org/built-in-america-backed-by-private-equity/): Washington, D.C. – In celebration of National Small Business Month, the American Investment Council has launched a new advertisement campaign at Ronald Reagan Washington National Airport to spotlight private equity’s vital role in supporting small businesses across the country. From expanding operations to entering new markets, private equity provides the capital small businesses need to reach their full potential and strengthen their communities. - [More Energy Producers, Small Business Owners, and Policymakers Speak Out Against Carried Interest Tax Hike](https://www.investmentcouncil.org/more-energy-producers-small-business-owners-and-policymakers-speak-out-against-carried-interest-tax-hike/): Week after week, more local leaders and groups continue to speak out against an over 70% tax hike on carried interest capital gains. From energy producers to housing advocates, leaders are calling on Washington to protect the private investment that improves local communities.    - [Celebrating Small Business Week 2025: Missouri Small Business Grows with Private Investment](https://www.investmentcouncil.org/celebrating-small-business-week-2025/): "Private equity means a lot to EDI because it allows us to have the resources we need to grow" - [Energy Producers Warn that Carried Interest Tax Hike Would Threaten American Energy Dominance](https://www.investmentcouncil.org/energy-producers-warn-that-carried-interest-tax-hike-would-threaten-american-energy-dominance/): Mike Moncla, Louisiana Oil & Gas Association: “The current capital gains tax treatment properly reflects the nature of these entrepreneurial risks, and changing it would unfairly penalize those who are building America's energy future.”  - [AIC & Punchbowl News Host Event with Rep. August Pfluger (R-TX) Discussing How Private Capital is Investing in America ](https://www.investmentcouncil.org/aic-punchbowl-news-host-event-with-rep-august-pfluger-r-tx-discussing-how-private-capital-is-investing-in-america/): Rep. Pfluger: “We are only energy dominant because of provisions like carried interest.”  - [POLITICO Morning Tax: New Study Finds Eliminating Carried Interest Could Cost Jobs and Revenue](https://www.investmentcouncil.org/politico-morning-tax-new-study-finds-eliminating-carried-interest-could-cost-jobs-and-revenue/): Today, POLITICO’s Morning Tax covered the recently released report from Dr. Charles Swenson of the University of Southern California, that found eliminating the current tax treatment of carried interest capital gains could cost the federal government nearly $13 billion annually and lead to 1.23 million lost jobs over the long term.   - [New Report Finds Proposed Investment Tax Hike Would Increase the Deficit, Kill Jobs, Slow Housing Construction & Threaten American Innovation](https://www.investmentcouncil.org/new-report-finds-proposed-investment-tax-hike-would-increase-the-deficit-kill-jobs-slow-housing-construction-threaten-american-innovation-2/): NVCA, AIC, NAIC, SBIA & RER Speak Out Against Proposed Tax Hike on Private Investments Across America - [New Report Finds Proposed Investment Tax Hike Would Increase the Deficit, Kill Jobs, Slow Housing Construction & Threaten American Innovation](https://www.investmentcouncil.org/new-report-finds-proposed-investment-tax-hike-would-increase-the-deficit-kill-jobs-slow-housing-construction-threaten-american-innovation/): NVCA, AIC, NAIC, SBIA & RER Speak Out Against Proposed Tax Hike on Private Investments Across America - [Policymakers and Thought Leaders Speak Out Against Investment Tax Increases](https://www.investmentcouncil.org/policymakers-and-thought-leaders-speak-out-against-investment-tax-increases/): Financial Services Chairman Hill on Carried Interest Capital Gains: “It’s not a loophole…it’s a long-term investment management tool, and it’s good for the country.” - [Steve Klinsky Op-ed: “Don’t Kill Economic Growth with Tax Increases” ](https://www.investmentcouncil.org/steve-klinsky-op-ed-dont-kill-economic-growth-with-tax-increases/): Today, New Mountain Capital Founder and CEO and former AIC Chair Steve Klinsky published an op-ed in the DC Journal outlining the harmful economic effects that proposed tax increases on carried interest capital gains would have on American workers, small businesses, and innovation. Klinsky writes about the important economic contributions of private equity and how carried interest capital gains play a crucial role in incentivizing long-term, productive investments in American businesses: - [AIC & Punchbowl News Announce Event with Rep. Pfluger (R-TX) on How Private Capital is Investing in America ](https://www.investmentcouncil.org/aic-punchbowl-news-announce-event-with-rep-pfluger-r-tx-on-how-private-capital-is-investing-in-america/): Speakers include Rep. August Pfluger (R-TX), AIC President & CEO Drew Maloney, and NVCA President & CEO Bobby Franklin  - [New EY Report Shows Private Equity Strengthens U.S. Economy with More Jobs, Higher Pay, and Increased Investment ](https://www.investmentcouncil.org/new-ey-report-shows-private-equity-strengthens-u-s-economy-with-more-jobs-higher-pay-and-increased-investment/): Includes State by State data on PE-backed jobs, companies, investment - [Private Equity Propels America to the Front of the AI Race](https://www.investmentcouncil.org/private-equity-propels-america-to-the-front-of-the-ai-race/): Investing over $200 Billion since 2020 in Data Centers, Semiconductors, & Energy Infrastructure - [Private Equity Drives Local Growth and Economic Expansion Across America](https://www.investmentcouncil.org/private-equity-drives-local-growth-and-economic-expansion-across-america/): New state-by-state analysis highlights how private equity investment is fueling business growth and improving communities nationwide. - [AIC Highlights How Private Investment Partners with American Innovators to Achieve Their Dreams & Grow Our Economy](https://www.investmentcouncil.org/aic-highlights-how-private-investment-partners-with-american-innovators-to-achieve-their-dreams-amp-grow-our-economy/): “Private investment is helping our country win the AI race, manufacture more ‘Made in America’ products, and develop medical innovations that save lives.” - [ICYMI: 19 Free Market Groups Oppose Tax Hikes on Carried Interest Capital Gains](https://www.investmentcouncil.org/icymi-19-free-market-groups-oppose-tax-hikes-on-carried-interest/): “Instead of hitting American investors and companies with massive tax hikes, Congress should focus on making the pro-growth tax cuts from the 2017 Tax Cuts and Jobs Act permanent and reducing wasteful government spending." - [New Video Showcases How Private Equity Empowers Workers Through Employee Ownership](https://www.investmentcouncil.org/new-video-showcases-how-private-equity-empowers-workers-through-employee-ownership/): AIC member The Riverside Company’s investment in PFB Corporation empowers employees across its manufacturing facilities in Michigan, Ohio, and Idaho to build long-term wealth - [Banking Exchange: Private Equity Continues To Rank As Top Choice For US Public Pensions](https://www.investmentcouncil.org/banking-exchange-private-equity-continues-to-rank-as-top-choice-for-us-public-pensions/): Drew Maloney: “Private equity is a vital component of nearly every public pension plan in the United States, consistently delivering outsized returns and diversification during periods of economic turbulence.” - [The AIC New Member of Congress Report: How Private Equity Directly Supports Jobs & Businesses in the States and Districts of Over 70 New Members](https://www.investmentcouncil.org/the-aic-new-member-of-congress-report-how-private-equity-directly-supports-jobs-businesses-in-the-states-and-districts-of-over-70-new-members/): WASHINGTON, D.C. – Today, the American Investment Council (AIC) released a new report highlighting how private equity investments support millions of jobs and thousands of businesses across the states and districts represented by newly elected members of the 119th Congress.   - [AIC Welcomes Lee Slater, New Senior Vice President of Government Affairs](https://www.investmentcouncil.org/aic-welcomes-lee-slater-new-senior-vice-president-of-government-affairs/): Maloney: “Lee’s extensive experience advising top officials in the White House and on Capitol Hill positions him to be a tremendous asset for our members” - [AIC Year in Review: Private Investment Supports Workers, Jobs, & Small Businesses Throughout 2024](https://www.investmentcouncil.org/aic-year-in-review-private-investment-supports-workers-jobs-small-businesses-throughout-2024/): AIC Advocacy Included In-State Policymaker Panels, Portfolio Company Profiles, and Successful Litigation  - [Building America’s Infrastructure: Private Equity Fuels New Home and Commercial Construction, Data Centers, & Energy Equipment](https://www.investmentcouncil.org/building-americas-infrastructure-private-equity-fuels-new-home-and-commercial-construction-data-centers-energy-equipment/): Today, the American Investment Council (AIC) and Pitchbook released a new report highlighting how private equity investments in critical infrastructure nationwide are improving Americans’ daily lives. The report details the industry's impact across major sectors of American infrastructure—ranging from construction and engineering to data centers, telecommunications, and energy production. These investments are delivering big benefits, including increasing housing availability, boosting energy efficiency, and creating new job opportunities. - [AIC Press Tour – Celebrating Small Business Saturday](https://www.investmentcouncil.org/aic-press-tour-celebrating-small-business-saturday/): Media coverage in states including Texas, Iowa, Michigan, Ohio, and Maine showcases private equity’s impact on small businesses and small business owners across the country. - [Private Equity’s Impact Across America](https://www.investmentcouncil.org/private-equitys-impact-across-america/): Washington, D.C. –– The American Investment Council (AIC) welcomes the Trump Administration and incoming members of the 119th Congress and looks forward to working together on policies that will help families and workers across America. In every state and congressional district across the country, private equity and private credit play a critical role in supporting small businesses, creating well-paying jobs with strong benefits, and strengthening the retirements of millions of American workers and public servants. Please download our factsheet about private equity’s critical role investing across America: Directly Backing 12 Million Well-Paying Jobs Private equity invests in every Congressional district across America – directly backing over 12 million jobs, which on average, provide $80,000 in wages and benefits, equating to roughly $41 per hour for a full-time worker and nearly $10,000 more than the average U.S. worker. Throughout the U.S. supply chain, private equity-backed companies created a net of four new jobs per 100 full-time employees this year.  - [A Pink Bus, Mobile Mammography And The Fight Against Cancer](https://www.investmentcouncil.org/a-pink-bus-mobile-mammography-and-the-fight-against-cancer/): Private equity expands access to life-saving breast cancer screenings, writes Pamela Hendrickson of the Riverside Company. - [ICYMI – Private equity-owned companies still set the pace for job creation](https://www.investmentcouncil.org/icymi-private-equity-owned-companies-still-set-the-pace-for-job-creation/): A new report, prepared by Boston Consulting Group, highlights how private equity-owned companies are creating new jobs at a faster rate than public companies. The analysis reviewed data from over 450 General Partners (GPs) and Limited Partners (LPs) representing approximately $38 trillion in assets under management. - [Charlotte Doctor Discusses the Benefits of Private Investment in Health Care at AIC and Punchbowl News Event](https://www.investmentcouncil.org/charlotte-doctor-discusses-the-benefits-of-private-investment-in-health-care-at-aic-and-punchbowl-news-event/): Dr. Robert Mittl Jr.: "Our partnership with private equity has given us the capital to expand, the expertise to manage our practices, navigate the shortage of physicians and technologists." - [AIC and Punchbowl News Host Event with Sen. Tillis (R-NC) and Charlotte Radiology Highlighting How Private Investment Fuels North Carolina’s Economy](https://www.investmentcouncil.org/aic-and-punchbowl-news-host-event-with-sen-tillis-r-nc-and-charlotte-radiology-highlighting-how-private-investment-fuels-north-carolinas-economy/): Senator Tillis: “Private equity has been a very important part of the ecosystem to drive innovation and the growth that we've had in North Carolina over the last decade.”   - [ICYMI – Pensions & Investments: Private equity industry, local radiologist defend healthcare investments](https://www.investmentcouncil.org/icymi-pensions-investments-private-equity-industry-local-radiologist-defend-healthcare-investments/): Pensions & Investments published a story today highlighting how private equity helps healthcare businesses improve quality of care, expand access for patients, and upgrade technology. - [ICYMI: WSJ Highlights How Private Equity Transforms Plumbing and HVAC Small Businesses, Boosting Wages and Growth](https://www.investmentcouncil.org/icymi-wsj-highlights-how-private-equity-transforms-plumbing-and-hvac-small-businesses-boosting-wages-and-growth/): The Wall Street Journal recently published a story on how private equity investment in the home services industry is creating jobs, improving services, and growing small businesses nationwide. The article features small business owners of HVAC, plumbing, and electrical companies whose lives have been transformed by private equity investment. One success story is Rite Way, a Tucson-based HVAC company acquired by a PE-backed company. Since the acquisition, Rite Way's revenue has increased from $30 million to roughly $70 million. Former owner Rick Walter, who retains a 25% stake, says the investment "has taken a lot of stress out of the business." With the added capital, Rite Way expanded services, added more trucks, hired more workers, and invested in apprenticeship and training programs for technicians. This trend also means higher wages for technicians. Alpine Investors, a private equity firm focused on home services, reports a 20% average pay increase for technicians in their first year after acquisition, due to higher wages, bonuses, and commissions. Read the full WSJ article below: - [New Video: How Private Equity is Helping US Radiology Grow and Improve Access to High-Quality, Local Health Care  ](https://www.investmentcouncil.org/new-video-how-private-equity-is-helping-us-radiology-grow-and-improve-access-to-high-quality-local-health-care/): CHARLOTTE, N.C. – Today, the American Investment Council released a new video that shows the positive impact of private equity investment in health care and features U.S. Radiology, a company backed by Welsh Carson. The video features interviews with Jodi Betts, Senior Director of Operations at U.S. Radiology, and Dr. Amy Sobel, Mammography Specialist at their partner company, Charlotte Radiology, who highlight how private equity investments have improved patient care, expanded services, and advanced technology. - [AIC Applauds Newsom Veto of AB 3129](https://www.investmentcouncil.org/aic-applauds-newsom-veto-of-ab-3129/): WASHINGTON, D.C. – Tonight, AIC President and CEO Drew Maloney released the following statement regarding California Governor Gavin Newsom’s veto of AB 3129: "Our coalition worked hard to ensure California leaders recognize and support private equity's essential role in improving health care in California. The Governor's well-reasoned decision will help patients and communities continue to have access to quality care." Click here to learn more about how private equity investments strengthen health care across America. - [AIC Hosts Punchbowl News Event in Charlotte with Senator Thom Tillis](https://www.investmentcouncil.org/aic-hosts-punchbowl-news-event-in-charlotte-with-senator-thom-tillis/): WASHINGTON, D.C. – Today, the American Investment Council released a new video to preview our upcoming Punchbowl News event in Charlotte, NC on October 16. - [New Videos Highlighting AIC’s Reception at the Congressional Black Caucus Foundation’s Annual Leadership Conference](https://www.investmentcouncil.org/new-videos-from-cbcf-welcome-reception/): In the last five years, private equity has invested $650 billion to support more than two million jobs in CBC states and districts - [AIC’s Maloney Talks Taxes, the Election, & Pro-Growth Investment with Preqin](https://www.investmentcouncil.org/icymi-maloney-qa-with-preqin-highlights-the-impact-of-private-capital-on-u-s-economic-growth/): Maloney: “Our industry supports jobs, small businesses, and innovations that improve lives.” - [Private Equity & Main Street: New Report Highlights Middle Market Investment](https://www.investmentcouncil.org/private-equity-main-street-new-report-highlights-middle-market-investment/): Maloney: "Private equity is a steadfast partner for middle market companies, helping them navigate the complexities of today's economic landscape." - [AIC Submits Letter to Senate HELP Committee Highlighting Private Equity’s Critical Role in Supporting U.S. Health Care](https://www.investmentcouncil.org/aic-submits-letter-to-senate-help-committee-highlight-private-equitys-crucial-role-supporting-u-s-health-care/): WASHINGTON, DC – Today, the American Investment Council (AIC) submitted a letter ahead of the Senate Committee on Health, Education, Labor and Pensions’ (HELP) hearing on Steward Health Care highlighting private equity’s limited but crucial role in supporting America’s health care system. - [AIC Welcomes New Senior Vice President of Government Affairs Will Dunham](https://www.investmentcouncil.org/aic-welcomes-new-senior-vice-president-of-government-affairs-will-dunham/): Washington, D.C. – Today, the American Investment Council announced Will Dunham as the organization’s new Senior Vice President of Government Affairs. In this role, Dunham will lead the AIC’s legislative advocacy efforts at the state and federal level across a range of policy issues that impact the industry. Dunham replaces Brad Bailey, who is leaving the AIC team for a new opportunity.   Drew Maloney, President and CEO, released the following statement regarding the personnel changes:   “We are thrilled to welcome Will to our accomplished AIC team as we continue to educate policymakers about the essential role our industry plays in fueling American innovation, creating jobs, and supporting small businesses. Will has extensive experience working for Congressional leaders on critical issues impacting our industry– including the Tax Cuts and Jobs Act of 2017.  Will’s policy knowledge and advocacy expertise will benefit AIC members, and our team as policymakers act on consequential legislation next year.”  - [New Report: Private Equity Invests in Small and Medium-sized Businesses Nationwide](https://www.investmentcouncil.org/new-report-private-equity-invests-in-small-and-medium-sized-businesses-nationwide/): Maloney: "Private equity is a steadfast partner for middle-market companies, helping them navigate the complexities of today's economic landscape." - [What They Are Saying: NFL Stakeholders Voice Support for Private Equity Investment in Teams](https://www.investmentcouncil.org/what-they-are-saying-nfl-stakeholders-voice-support-for-private-equity-investment-in-teams/): Washington, D.C. – The National Football League (NFL) has announced a historic shift in the league’s ownership rules, now allowing private equity investment in its teams. Starting this year, the league will permit private equity firms to own up to an aggregate 10% stake in NFL franchises, marking a new era for the sport. - [A Winning Team: NFL to Welcome Private Equity Investment in Teams ](https://www.investmentcouncil.org/a-winning-team-nfl-to-welcome-private-equity-investment-in-teams/): The National Football League (NFL) has announced a historic shift in the league’s ownership rules, now allowing private equity investment in its teams. Starting this year, the league will permit private equity firms to own up to an aggregate 10% stake in NFL franchises, marking a new era for the sport. - [Maloney Op-ed in RealClearMarkets Explores Growth and Benefits of Private Credit](https://www.investmentcouncil.org/maloney-op-ed-in-realclearmarkets-explores-growth-and-benefits-of-private-credit/): This morning, RealClearMarkets published the following op-ed by AIC President & CEO Drew Maloney discussing the growth of the private credit market and its positive impact on small business owners and communities across the country. - [No Matter Where You Travel this Summer Private Equity is Supporting Innovation, Jobs & Small Businesses](https://www.investmentcouncil.org/aic-releases-august-2024-summer-recess-packet-private-equity-is-supporting-innovation-jobs-small-businesses/): As policy makers and their staffs travel to their states and congressional districts this August, the American Investment Council (AIC) released a new August recess packet showcasing how private equity is supporting innovation, jobs, small businesses, and retirements across our country.  The AIC also launched advertisements at Ronald Reagan Washington National Airport to remind travelers of private equity’s positive local impact.  - [AIC Responds to Joint Economic Committee Chairman’s Recent Issue Brief Regarding Private Equity](https://www.investmentcouncil.org/aic-responds-to-the-joint-economic-committees-one-sided-attack-on-productive-private-equity-investments/): “Private equity investments are a critical driver of economic growth and benefit public pension beneficiaries, small businesses, workers, and communities in New Mexico and nationwide” - [ICYMI: Media Outlets Highlight AIC Study on Private Equity’s Superior Returns for Public Pensions](https://www.investmentcouncil.org/icymi-media-outlets-highlight-aic-study-on-private-equitys-superior-returns-for-public-pensions/): Maloney: “PE investments tend mostly to benefit smaller companies, which boost the economy and need the capital.” - [New Study: Private Equity Delivers the Strongest Returns for Millions of Public Servants](https://www.investmentcouncil.org/new-study-private-equity-delivers-the-strongest-returns-for-millions-of-public-servants/): Maloney: “Strong private equity returns ensure that tens of millions of dedicated public servants can depend on a well-funded pension to support their well-deserved retirement.” - [Workers Across the Country Are Empowered by Private Equity Investments](https://www.investmentcouncil.org/workers-across-the-country-are-empowered-by-private-equity-investments/): https://youtu.be/JnrbIC-obzo - [Private Equity Firms Offer Workers Ownership, the Opportunity to Build Wealth, and Strong Benefits](https://www.investmentcouncil.org/private-equity-firms-offer-workers-ownership-the-opportunity-to-build-wealth-and-strong-benefits/): New Video Featuring Riverside Portfolio Companies Offering Ownership to Employees in OH, IL, and CO - [](https://www.investmentcouncil.org/congress-departs-washington-for-august-recess-to-communities-benefiting-from-private-equity/): American Innovation - [Introducing the AIC Quarterly Private Credit Trends Report ](https://www.investmentcouncil.org/introducing-the-aic-quarterly-private-credit-trends-report/): Report provides the latest data on private credit activity, including deal volumes, fundraising levels and return rates - [ICYMI: WSJ Editorial Board Highlights Private Equity’s Victory Striking Down the SEC’s Unlawful Private Fund Adviser Rule](https://www.investmentcouncil.org/icymi-wsj-editorial-board-highlights-private-equitys-victory-striking-down-the-secs-unlawful-private-fund-adviser-rule/): “Talk about a rough few days for the Securities and Exchange Commission. The Fifth Circuit Court of Appeals last Wednesday blocked its private-fund disclosure rule.” - [ICYMI / Politico: Court strikes down SEC overhaul of private equity, hedge fund rules, in blow to Gensler](https://www.investmentcouncil.org/icymi-politico-court-strikes-down-sec-overhaul-of-private-equity-hedge-fund-rules-in-blow-to-gensler/): “A federal appeals court on Wednesday struck down a sweeping overhaul of rules governing private equity firms and hedge funds, a big win for Wall Street groups pushing back against SEC Chair Gary Gensler’s agenda.” - [AIC Applauds Fifth Circuit Court of Appeals Decision to Strike Down SEC’s Unlawful Private Fund Advisers Rule & Defeat Estimated $5 Billion Burden on Private Funds](https://www.investmentcouncil.org/aic-applauds-fifth-circuit-court-of-appeals-decision-to-strike-down-secs-unlawful-private-fund-advisers-rule-defeat-estimated-5-billion-burden-on-private-funds/): Maloney: “The ruling is a victory for thousands of businesses across America that need capital to grow and millions of workers who depend on private equity and credit to strengthen their retirements.” - [Private Equity is Empowering Workers through Broad-Based Employee Ownership Programs](https://www.investmentcouncil.org/private-equity-is-empowering-workers-through-broad-based-employee-ownership-programs/): Private equity investments support workers with well-paying jobs at more than 30,000 businesses nationwide. More than 12 million Americans are employed by private equity-backed companies. These workers make more than $80,000 in annual wages and benefits, which far exceeds the national average. Now, private equity is going even further to support workers by launching innovative initiatives to give employees an ownership stake in their companies and a voice in how their businesses are run.  - [ICYMI: WSJ Editorial Board Highlights Private Equity’s Legal Victory Against the FTC ](https://www.investmentcouncil.org/icymi-wsj-editorial-board-highlights-private-equitys-legal-victory-against-the-ftc-2/): “Ms. Khan keeps losing cases because she ignores the consumer welfare standard and other bedrock antitrust principles. Yet she trumpets legal defeats as victories and keeps grinning like she’s winning.” ## Pages - [ANTITRUST GUIDELINES](https://www.investmentcouncil.org/antitrust-guidelines/): The AIC, its staff and its Members must exercise diligence to ensure that their activities are conducted within the parameters established by the antitrust laws, both as a matter of appearance and in actual fact. The following guidelines are designed to assist the AIC and its Members in guiding their conduct at AIC meetings or in connection with related activities. These guidelines should be made available to, and followed by, all persons who participate in the AIC's activities. - [401k](https://www.investmentcouncil.org/401k/): Millions of American savers could soon have access to private investments through their professionally managed 401(k) plans. The American Investment Council supports a new proposed rule from the Department of Labor that would help give millions of workers more tools to build stronger, more secure retirements. - [GUIDELINES FOR RESPONSIBLE INVESTING](https://www.investmentcouncil.org/guidelines-for-responsible-investing/): The American Investment Council membership adopted responsible investment guidelines in 2009 and has continued to update those guidelines throughout the years. These guidelines offer a set of aspirational common principles for the private investment industry to use – in combination with other frameworks and guidance as needed – to implement responsible investment programs that are most suited to their investment mandates. - [Industry Glossary](https://www.investmentcouncil.org/industry-glossary/): The definitions in this glossary are sourced from Invest Europe and "Beyond the J Curve: Managing a Portfolio of Venture Capital and Private Equity Funds" by Thomas Meyer and Pierre-Yves Mathonet. - [Life Sciences](https://www.investmentcouncil.org/life-sciences/) - [Private Equity Invests in American Workers](https://www.investmentcouncil.org/private-equity-invests-in-american-workers/) - [Building Better Business](https://www.investmentcouncil.org/building-better-business/) - [Improving Sustainability](https://www.investmentcouncil.org/improving-sustainability/): Private equity and private credit investments are playing a critical role in advancing sustainability across the United States. From clean energy to sustainable agriculture, responsible manufacturing to green infrastructure, private investment helps companies adopt sustainable practices that benefit both their bottom line and the environment. - [Press Room](https://www.investmentcouncil.org/press-room/) - [Comment Letters](https://www.investmentcouncil.org/comment-letters/) - [Policy Priorities](https://www.investmentcouncil.org/policy-priorities/):  “We advance access to capital, job creation, retirement security, innovation, and economic growth in the United States by promoting responsible, long-term investment.”  - [FAQs](https://www.investmentcouncil.org/faqs/) - [Watch & Learn](https://www.investmentcouncil.org/watch-and-learn/): Private equity is investing across America, supporting jobs, and strengthening retirements. Watch these stories to learn more about how private equity specifically benefits local businesses and communities.  - [What is private equity?](https://www.investmentcouncil.org/what-is-private-equity/): The private equity industry grows businesses, supports local jobs, and improves communities across all fifty states. At the same time, the industry delivers the highest long-term returns to investors and supports a secure retirement for teachers, firefighters, and other public servants. - [Private Investment 101](https://www.investmentcouncil.org/private-investment-101/) - [Fueling Innovation](https://www.investmentcouncil.org/fueling-innovation/): Private equity powers American innovation that improves lives. Our investment strengthens internet access in rural communities, builds energy infrastructure, and develops treatments for blood clots, Alzheimer’s, cancer, and more. And 85% of all private equity goes to small businesses across our nation. - [Improving Healthcare](https://www.investmentcouncil.org/improving-healthcare/): Private equity plays a critical role supporting quality, affordable healthcare in the United States. Private equity-funded innovations have delivered more effective treatments and saved lives, helping lower healthcare costs, and increase access to lifesaving care for millions of Americans. - [Private Credit: Alternative Lending](https://www.investmentcouncil.org/private-credit-alternative-lending/): The AIC is the premier trade association for private credit in Washington – representing over 2/3 of the industry. - [Empowering Workers](https://www.investmentcouncil.org/empowering-workers/): Private equity-backed businesses are offering workers ownership in their companies, strong benefits, and the opportunity to build wealth for their families. Learn more here about how private equity benefits workers, drives innovation, and invests across America. - [Strengthening Retirements](https://www.investmentcouncil.org/strengthening-retirements/): Year after year, private equity delivers the strongest returns for investors across America — helping diversify pensions and strengthen retirements. - [Powering Small Businesses](https://www.investmentcouncil.org/powering-small-businesses/): Private equity fuels small businesses that power local communities. In 2024 alone, 85% of investments supported companies with under 500 employees, helping them hire, improve operations, and grow. Across America, private equity helps entrepreneurs turn dreams into reality. - [Investing in America](https://www.investmentcouncil.org/investing-in-america/): Private equity builds better businesses across America, directly employs millions of workers, and delivers the strongest returns to support the retirements of millions of workers. Private equity has partnered with some of the most popular brands and companies Americans patron every day — allowing these businesses to modernize, grow, and meet ever-changing consumer demands. - [Issues & Impact](https://www.investmentcouncil.org/issues-impact/) - [Join the AIC](https://www.investmentcouncil.org/join-the-aic/): Your firm’s AIC membership will ensure our team directly advocates your firm’s policy priorities to Washington decision-makers, communicates your record of successfully investing across America, and protects the industry’s license to operate. AIC Membership is open to private equity, private credit, and fund of funds firms. Associate Membership is available to private equity and private credit service providers. - [Leadership & Staff](https://www.investmentcouncil.org/leadership-staff/): Board of Directors Staff - [Members](https://www.investmentcouncil.org/members/): Adams Street PartnersAdvent InternationalAltamont Capital PartnersAltas PartnersAlvarez & Marsal CapitalAmerican Industrial PartnersApollo Global ManagementArdian US LLCArsenal Capital PartnersAsia AlternativesAvanceBain CapitalBDT & MSDBeliadeBerkshire PartnersBlackstoneBlue OwlBlue Sea CapitalBrookfield Asset ManagementThe Carlyle GroupClayton, Dubilier & RiceClearlake Capital GroupCliffwater FundsCORE Industrial PartnersCrestview PartnersDavidson Kempner Capital ManagementThe Edgewater FundsEldridge Capital Management - [About](https://www.investmentcouncil.org/about/): The American Investment Council (AIC) is an advocacy and resource organization established to develop and provide information about the private investment industry and its contributions to the long-term growth of the U.S. economy and retirement security of American workers. Member firms of the AIC consist of the country’s leading private equity and growth capital firms united by their successful partnerships with limited partners and American businesses. - [Home](https://www.investmentcouncil.org/): Private equity and private credit build better businesses across America, directly employ millions of workers, and deliver the strongest returns to support the retirements of millions of workers. - [Stronger with Private Equity](https://www.investmentcouncil.org/strongerwithpe/): The private equity industry invests in every Congressional district across America – directly backing over 13.3 million jobs and supporting thousands of small businesses. As Congress considers changes to the tax code, learn how private investment fuels manufacturing, drives innovation, strengthens supply chains, and is helping to build the new economy. Whether you live on Main Street or in Rural America, private equity is investing in your local community. - [Think Small](https://www.investmentcouncil.org/think-small/): Private equity builds better businesses across America, directly employs millions of workers, and delivers the strongest returns to support the retirements of millions of workers. Private equity has partnered with some of the most popular brands and companies Americans patron every day -- allowing these businesses to modernize, grow, and meet ever-changing consumer demands. - [](https://www.investmentcouncil.org/builders-videos/): https://youtu.be/rP1OPjpwD-4 Private Equity Improves Treatments for Blood Clot Patients https://www.youtube.com/watch?v=P-fjoTJY8ak&feature=youtu.be Private Equity Investments Generated an Additional $2.5 Billion for Missouri Teachers https://www.youtube.com/watch?v=reP29TYg1oA Private Equity & Igloo: An American Success Story https://www.youtube.com/watch?v=Rji7rXoHVzY How Private Equity Has Helped Michigan-Based Truck Hero Grow and Employ Thousands of Workers https://www.youtube.com/watch?v=8yt1wKpEFNA Jon Gray, RVshare -- This is Private Equity https://www.youtube.com/watch?v=s7XOOYR6LMQ Lizzie Ward Roediger, CEO of Sunshine Beverages https://www.youtube.com/watch?v=gy8eYLL346E Human Resource Professionals Highlight How Private Equity Benefits Employees https://www.youtube.com/watch?v=R20z0zM1K6g How Private Equity Has Helped Black Rock Coffee Meet the Challenges of the COVID-19 Pandemic https://www.youtube.com/watch?v=XYSpS8QStpM Private Equity Provides Tremendous Value for SCRAM Systems https://www.youtube.com/watch?v=ECc--5ELf7I Rob Baer, CEO of the Pad https://www.youtube.com/watch?v=CehXt5bf5AU This is Private Equity: Spinal Stabilization Technologies - [Policy](https://www.investmentcouncil.org/policy/) - [Press Inquiries](https://www.investmentcouncil.org/press-inquiries/) - [Investing in Medical Technologies that Improve Lives](https://www.investmentcouncil.org/investing-in-medical-technologies-that-improve-lives/): By partnering with companies across the life sciences spectrum, private equity is building better businesses — providing financial support and strategic advice to develop innovative technologies and devices that benefit patients and improve lives. - [News](https://www.investmentcouncil.org/news/) - [Carried Interest Helps American Businesses Grow and Succeed](https://www.investmentcouncil.org/carried-interest-helps-american-businesses-grow-and-succeed/): Whether it’s a local pizza shop or a large scale manufacturing company, businesses need a combination of knowhow and money to grow and succeed. The Tax Code has historically treated the people who invest their knowhow and the people who invest their money equally. - [Women-Led Businesses](https://www.investmentcouncil.org/womenshistorymonth/): As we celebrate Women’s History Month, the American Investment Council is highlighting women-led businesses and the private equity industry’s support for female entrepreneurship. - [What’s Your Five Year Plan?](https://www.investmentcouncil.org/5yearplan/): Private equity firms make long-term investments in businesses and people, directly employing 8.8 million Americans across all fifty states. Altogether, private equity supports 5 percent of the country’s GDP and has a total economic impact above $1.1 trillion. In 2020, despite the economic uncertainty caused by COVID-19, private equity continued to make long-term commitments to businesses and workers across the country. Private equity invested $561 billion to over 4,300 companies in the U.S. last year, 2,100 of which were small businesses with fewer than 500 employees. - [Health Care](https://www.investmentcouncil.org/covid-response/): Private equity plays a critical role in supporting quality, affordable health care in the United States. For decades, PE-funded innovations have delivered more effective treatments and saved lives — and, importantly, helped lower health care costs for millions of Americans. According to data compiled by Pitchbook, private equity invested more than $79 billion in U.S. health care throughout 2020 to fund research into deadly diseases like Alzheimer’s and Parkinson’s, expand and renovate facilities, modernize medical records and health care data, and make other needed investments. - [Coronavirus](https://www.investmentcouncil.org/coronavirus/): The private equity industry and its portfolio companies are proactively supporting communities and employees as the effect of COVID-19 expands and impacts workers and families across the country. - [Industry Perspectives](https://www.investmentcouncil.org/industry-perspectives/): The American Investment Council facilitates dialogue among member firms and advisory firms in the private equity industry. The articles in this section contain perspectives on issues important to the industry and should be attributed to the respective authors. Views expressed do not reflect the official position of the AIC. - [Privacy Policy](https://www.investmentcouncil.org/privacy-policy/): The American Investment Council (“the Council”) is committed to protecting the privacy and security of visitors to our website. Outlined below is our online privacy policy for information collected through our website and email lists. If you have questions about these policies, we encourage you to contact us at info@investmentcouncil.org. - [Private Equity In Your Community](https://www.investmentcouncil.org/private-equity-in-your-community/): Private equity invests in businesses across the country, improving the lives of millions of Americans each day. If you just look at your own community, you’ll see private equity firms investing in companies and small businesses that need capital to keep their doors open, create new jobs, and grow their footprint. - [Research](https://www.investmentcouncil.org/research/): The AIC provides quarterly and annual insights on private equity trends, fund performance, sector investment, and pension returns, along with curated research from top academics and analysts. ## Research - [Private Credit Landscape Report Highlights How Powers Businesses Across America](https://www.investmentcouncil.org/?aic_research=private-credit-report-highlighting-how-powers-businesses-across-america) - [Private Equity Remains the Top-Performing Asset Class for America’s Public Pension Funds](https://www.investmentcouncil.org/?aic_research=private-equity-remains-the-top-performing-asset-class-for-americas-public-pension-funds) - [For 250 Years, Private Capital Has Fueled American Innovation, Growth, and Prosperity](https://www.investmentcouncil.org/?aic_research=new-report-for-250-years-private-capital-has-fueled-american-innovation-growth-and-prosperity) - [Private Equity Secondaries Market Provides Liquidity and Flexibility](https://www.investmentcouncil.org/?aic_research=private-equity-secondaries-market-provides-liquidity-and-flexibility) - [Private Equity Delivers Stronger Long-Term Returns Than Any Other Asset Class](https://www.investmentcouncil.org/?aic_research=private-equity-delivers-stronger-long-term-returns-than-any-other-asset-class) - [Private Equity Investments Boost Small & Mid-Market Businesses](https://www.investmentcouncil.org/?aic_research=private-equity-investments-boost-small-mid-market-businesses) - [Private Equity Delivers the Strongest Returns for Retirees Across America](https://www.investmentcouncil.org/?aic_research=private-equity-delivers-the-strongest-returns-for-retirees-across-america) - [Private Equity Trends](https://www.investmentcouncil.org/?aic_research=private-equity-trends) - [Private Credit is Powering the American Economy](https://www.investmentcouncil.org/?aic_research=private-credit-is-powering-the-american-economy) - [Private Equity Invests in American Workers](https://www.investmentcouncil.org/?aic_research=private-equity-invests-in-american-workers) - [Private Equity Strengthens U.S. Economy with More Jobs, Higher Pay, and Increased Investment](https://www.investmentcouncil.org/?aic_research=private-equity-strengthens-u-s-economy-with-more-jobs-higher-pay-and-increased-investment) - [Private Equity Industry Investment](https://www.investmentcouncil.org/?aic_research=private-equity-industry-investment) - [Performance Update](https://www.investmentcouncil.org/?aic_research=performance-update) - [Building America’s Infrastructure](https://www.investmentcouncil.org/?aic_research=building-americas-infrastructure) - [Investing Across America](https://www.investmentcouncil.org/?aic_research=investing-across-america) - [Public Pension Study](https://www.investmentcouncil.org/?aic_research=public-pension-study) - [Private Credit Fuels Businesses](https://www.investmentcouncil.org/?aic_research=private-credit-fuels-businesses) - [Private Equity is Helping American Manufacturers Grow and Expand](https://www.investmentcouncil.org/?aic_research=private-equity-is-helping-american-manufacturers-grow-and-expand) - [Life Sciences](https://www.investmentcouncil.org/?aic_research=life-sciences) - [Financing American Innovation](https://www.investmentcouncil.org/?aic_research=financing-american-innovation)