NEWS ROOM - Private Equity Growth Capital Council

By: Private Equity Council  09-12-2011
Keywords: Private Equity

Partisan gridlock has prevented a so-called ‘Super Committee’ of US lawmakers from agreeing a deficit reduction plan, preserving carried interest under capital gains tax in the short term. US fund managers have dodged a tax bullet this week as a congressional “Super Committee” (the Joint Select Committee on Deficit Reduction) said it would be unable to meet its Wednesday deadline …

The Joint Select Committee on Deficit Reduction (a.k.a., “the Super Committee”) announced today that after months of negotiations it was unable to reach a deal to cut the national deficit by at least $1.2 trillion over ten years. The committee’s inability to come to an agreement has both near- and long-term implications that will reverberate throughout the political and economic …

By Ben White POLITICO Morning Money November 17, 2011 From a letter to Congressional and supercommittee leadership from The Private Equity Growth Capital Council and three other business groups: “At a time when we should be encouraging long-term investment to create and grow companies, more than doubling tax rates on carried interest and enterprise value would discourage further investment. To …

As the Super Committee deadline draws nearer, the PEGCC wants to keep you up to date on all of the latest developments coming from Capitol Hill. As you know, the Super Committee, made up of 12 bipartisan Members of Congress, has been tasked with identifying at least $1.2 trillion in savings before their November 23 deadline. While a deal still hangs in the balance, a carried interest tax increase has been one of the revenue raising measures being considered by some on the committee.

The information in this article was current at 06 Dec 2011

Keywords: Private Equity

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Comment Letter - Private Equity Growth Capital Council

SUBMITTED ELECTRONICALLY April 28, 2011 Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-1090 Attention: Elizabeth M. Murphy, Secretary Re: Listing Standards For Compensation Committees, Release Nos. File No. S7-13-11 Dear Ms. Murphy: The Private Equity Growth Capital Council (the “PEGCC”) is submitting this letter in response to Release Nos.