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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…
Stanford: The Operational Consequences of Private Equity Buyouts
A recent study conducted by Stanford Graduate School of Business assistant professor Shai Bernstein dispels the misconception that private equity is a “strip and flip” business, proving that the…
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…
Private Equity Executives Honored by Local Steelworkers Union
Carlyle Managing Director David Marchick and Philip Rinaldi, chief executive of Philadelphia Energy Solutions, were honored with “Solidarity and Appreciation Awards” at a recent steelworkers…
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…
Public-Private Partnerships Benefit the American Economy
In a recent op-ed posted on The Hill’s Congress blog, Christopher Lee and Sean Medcalf, managing partner and associate at PEGCC member firm Highstar Capital, tout the value of public private…
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,…