Jun
21
Private Equity Giants Take On Congress With Billions on the Line
By-
Legislation would increase scrutiny of foreign investment
- Funds attracted record amounts, much of it from overseas
U.S. private equity firms are raising record amounts of money in the global market. Congress could derail their gravy train.
In the name of national security, lawmakers are debating a bill that would tighten scrutiny of investments from other countries. An industry group that includes Blackstone Group LP, Apollo Global Management LLC and Carlyle Group LP is turning up the heat on Capitol Hill to minimize any possible damage…
Private Equity Giants Take On Congress With Billions on the Line
