The private-equity council describes itself as an “advocacy, communications and research organization, and resource center.”
Six years ago, a group of private-equity funds outbid Time Warner to acquire Metro-Goldwyn-Mayer for more than $5 billion.
Clearly, firms lost money trading and investing in private-equity or hedge funds, but that was only a blip on their screens.
“People have always been suspicious of their activities,” says one private-equity veteran.
"It's the culture of success," says Jeffrey Leeds, president of Leeds Equity Partners, a private-equity fund.
Private-equity firms are much more responsive to questions from their investors than they are to questions from the public.
Same goes for a private-equity firm called Cerberus Capital.
The Auto Task Force viewed this as a private-equity investment from Day One.
Burger King was sold in 2010 to a Brazil-based private-equity firm.
New Jersey is home to what is undoubtedly a decent proportion of New York private-equity guys.