Private Equity Growth Capital Council

The "Private Equity Growth Capital Council" (PEGCC) is a trade group that represents many of the most powerful firms in the private equity industry. It has received increased media attention during the 2012 election cycle for its efforts to retool the image of the private equity industry.

Private Equity at Work Campaign

In February 2012 PEGCC launched a campaign aimed at rebranding the private equity industry that it called Private Equity at Work. The media initiative includes a website that features case studies of private equity's success, a blog containing reports of positive portrayals of private equity in the media, and fact sheets that provide evidence of the industry's positive impact on the economy.

Just days before the Republic presidential primary in Michigan, PEGCC released an online video touting the success of an investment by Blackstone, a major private equity firm, in the Detroit Medical Center. The timing of the ad raised questions about the trade group's support for Republican presidential candidate Mitt Romney. PEGCC subsequently claimed that it has no political affiliation.

Campaign Contributions and Lobbying

As of February 21, 2012, PEGCC's PAC had received $267,132 in donations. The PAC has spent $130,640 of those donations on primarily Republican candidates and causes.

In both 2010 and 2011, PEGCC spent more than $2 million on lobbying Capitol Hill.

Senior Management

• Bronwyn Dylla Bailey, Vice President Research
• Steve Judge, President and CEO
• Jason Mulvihill, General Counsel
• Ken Spain, Vice President Public Affairs and Communications

Contact

• Phone: (202)-465-7700
• Email: info@pegcc.org

References

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