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Private Equity Council (PEC)


Self Description

August 2007: "The Private Equity Council, based in Washington, DC, is an advocacy, communications and research organization and resource center established to develop, analyze and distribute information about the private equity industry and its contributions to the national and global economy. The PEC opened its doors in February 2007.

PEC members are among the world’s best-known and most-respected asset managers. They are Apax Partners; Apollo Advisors; Bain Capital; the Blackstone Group; the Carlyle Group; Hellman and Friedman; Kohlberg, Kravis, Roberts; Providence Equity Partners; Silver Lake Partners, Thomas H. Lee Partners; and TPG (formerly Texas Pacific Group)."

http://www.privateequitycouncil.org/about/

Third-Party Descriptions

August 2007: '"The general partner should be treated as the owner-proprietor because he raises the capital from the other partners and controls all decision-making," said Jonathan Talisman, a lobbyist retained by the Private Equity Council, the trade association of the private-equity industry. "We reward this type of entrepreneurial risk-taking and investment in long-lived assets with favorable capital gains treatment."'

http://www.washingtonpost.com/wp-dyn/content/article/2007/08/02/AR2007080202620.html

Relationships

RoleNameTypeLast Updated
Member (past or present) Apax Partners Organization Aug 3, 2007
Member (past or present) Apollo Advisors Organization Aug 3, 2007
Member (past or present) Bain Capital Organization Aug 3, 2007
Member (past or present) Blackstone Group Organization Aug 3, 2007
Member (past or present) Carlyle Group Organization Aug 3, 2007
Member (past or present) Hellman and Friedman Organization Aug 3, 2007
Member (past or present) Kohlberg Kravis Roberts & Co. (KKR) Organization Aug 3, 2007
Member (past or present) Providence Equity Partners Organization Aug 3, 2007
Member (past or present) Silver Lake Organization Aug 3, 2007
Member (past or present) TPG Organization Aug 3, 2007
Member (past or present) Thomas H. Lee Partners Organization Aug 3, 2007

Articles and Resources

Date Fairness.com Resource Read it at:
Aug 03, 2007 Wall Street's Lucrative Tax Break Is Under Fire

QUOTE: The most controversial tax break on Wall Street, known simply as the Carry, is not authorized by any law and was never approved by Congress.

 Washington Post