Private Equity’s Big Impact in New Members of Congress’ Communities
Washington, D.C. – The 117th Congress has 68 new members so far, representing a wide variety of constituencies. One thing they all have in common? Private equity has invested capital and supported jobs in their communities.
In 2019 alone, Private equity firms invested $141 Billion in states and districts represented by newly elected members of the U.S. House and Senate. PE-backed companies directly employ 997,000 people in states with new Senators and Representatives.
For the full list of top states and districts, please see AIC’s New Member Report.
The private equity industry is working to:
- Support Small Businesses
- Fuel the Post-COVID Recovery
- Strengthen Pensions
- Invest in Renewable Energy Projects
- Support Union Jobs
- Increase Diversity
- Help Teachers, Students & Parents
- Invest in Every State Across America
