Private Equity PAC Would Like You To Know How Great Private Equity Is [Video]
Thanks to the Obama campaign’s attacks on Mitt Romney’s career with Bain Capital, private equity has been thrust into the spotlight on the campaign trail with partisans on both sides debating whether the industry has a negative effect on the country. Private Equity Growth Capital Council, a political action committee that was formed in 2007 by several of the country’s largest private equity firms, has responded with a series of videos ”aimed at educating media, policy makers and the public about the private equity industry and its positive contributions to the American economy.”
“The presidential election has brought the private equity business model into sharp focus. But sometimes lost in the political debate is the positive impact private equity brings to the companies in which they invest,” read a statement from PEGCC announcing their latest video. Read More
