Private Equity Council

The Private Equity Council (PEC) is a Washington-D.C.-based lobby group for major private equity firms.

The formation of the PEC was announced in December 2006 with the stated intention that it would be "a leading advocate for the domestic and international private equity industry as well as a resource for those seeking to better understand the industry’s role in the rapidly evolving global economy."

Ignacio Ramonet, writing for the Le Monde Diplomatique in November 2007, noted that: "While critics of the economic horrors of globalisation argue, a new and even more brutal form of capitalism is in action. The new vultures are private equity companies, predatory investment funds with vast amounts of capital at their disposal and an enormous appetite for more."

Member Firms
In November 2007 the members of the PEC were listed as


 * Apax Partners
 * Apollo Global Management LLC
 * Bain Capital
 * The Blackstone Group
 * The Carlyle Group
 * Hellman & Friedman LLC
 * Kohlberg Kravis Roberts & Co.
 * Madison Dearborn Partners
 * Providence Equity Partners
 * Silver Lake Partners
 * TPG Capital (formerly known as Texas Pacific Group
 * Thomas H. Lee Partners (also known as THL Partners)

Personnel

 * Douglas Lowenstein, President
 * Steve Judge, Vice President of Government Relations
 * Robert W. Stewart, Vice President of Public Affairs

PR Advisers
The media release announcing the formation of the PEC listed David Shapiro and Sarah Lubman from the Brunswick Group as media contacts.

Contact details
Private Equity Council 950 F Street, NW, Suite 550 Washington, DC 20004 Phone: 202.465.7700 Fax: 202.347.7154 Website: http://www.privateequitycouncil.org

Resources and articles

 * Homeland Venture Partners