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PE and the SEIU

The SEIU has made a series of allegations about private equity. Click here to get the facts.
PE and the SEIU

Press Releases

“Demystifying the Credit Crunch,” a new white paper and glossary, now available at PEC web site
July 30th, 2008

WASHINGTON, DC, July 30, 2008 – “Demystifying the Credit Crunch,” a 20-page primer and glossary intended to offer public officials, journalists and others a better understanding of the issues, the terms and the trends that gave rise


Private Equity Council issues statement on SEIU ‘Day of Action’
July 17th, 2008

WASHINGTON, DC, July 17, 2008 - The Private Equity Council issued the following statement on the “Day of Action” being staged today by the Service Employees International Union. The statement should be attributed to Douglas Lowenstein, president of the Private


Private Equity Council issues statement on new PE research conducted by Prof. Josh Lerner for the World Economic Forum
January 25th, 2008

WASHINGTON, DC, January 25, 2008 - The Private Equity Council today issued the ffollowing statement on new research on private equity conducted for the World Economic Forum by a team of researchers led by Josh Lerner, the Jacob H. Schiff


Large private equity acquisitons grew U.S. jobs significantly in recent years, new study finds
January 17th, 2008

WASHINGTON, DC, January 17, 2008 – Acquisitions of large companies by some of the leading U.S.-based private equity firms between 2002 and 2005 resulted in significant net gains in U.S. employment, according to an important new study released today by


Taxes on private equity partners are equitable, fair, Private Equity Council chairman tells Congress
September 6th, 2007

WASHINGTON, DC, September 6, 2007 – The investment profits of private equity firms are fairly taxed as long-term capital gains because private equity partners act as owners, not employees; bear significant economic risks; hold the businesses they acquire as


Private equity strengthens American companies with capabilities, clarity, culture and capital
September 5th, 2007

WASHINGTON, DC, September 5, 2007 – Three iconic American companies – quick-service legend Burger King, financial software innovator SunGard and automotive parts pioneer AutoZone – provide compelling case studies on how long-term private equity investment has significantly strengthened – and


Raising taxes on private equity investments could hurt U.S. companies and competitiveness, PEC tells Congress
July 31st, 2007

WASHINGTON, DC, July 31, 2007 – Raising taxes on the private equity investment industry by 130 percent could reduce investments in companies, lower returns for pension funds and other investors and hurt the competitiveness of U.S. capital markets, the chairman


New Private Equity Council white paper details PE’s role in driving economic growth and investment
July 11th, 2007

WASHINGTON, DC, July 11, 2007 – Private equity is an integral part of the American economy that significantly strengthens companies and contributes hundreds of billions of dollars in profits to pension funds, university endowments charitable foundations and other private equity


Private Equity Council will oppose legislation that discourages U.S. PE firms from going public
June 21st, 2007

WASHINGTON, DC, June 21, 2007 – The Private Equity Council today announced its opposition to legislation introduced last week by Sens. Max Baucus (D-Montana) and Charles Grassley (R-Iowa) that would discourage U.S. private equity firms from offering shares to the public


Private equity builds strong companies, contributes billions to American economy
May 16th, 2007

WASHINGTON, DC, May 16, 2007 - The private equity industry makes substantial contributions to the American economy by building strong, financially secure companies and delivering superior investment returns to pension funds, universities and foundations, Private Equity Council President Douglas Lowenstein told