In a concerted effort to counter negative coverage from the presidential campaign trail, the Private Equity Growth Capital Council launched a multi-million education and public affairs campaign Thursday called "Private Equity at Work."
The campaign's website,
PrivateEquityatWork.com, includes industry fact sheets, a blog, an industry
primer and case studies that will be marketed through an online
advertising campaign aimed at policymakers and the media. The
campaign is the first major effort under Steve
Judge, who
was named PEGCC president earlier this week.
"There is a real lack of understanding about private equity - what it does, how it works and who benefits from it," Judge said in a statement. "We wanted to set the record straight by providing credible and up-to-date information about the industry and our proven record of strengthening companies, creating jobs and delivering impressive returns to pensions and other investors that bolster the financial security of millions of average Americans."
"There is a real lack of understanding about private equity - what it does, how it works and who benefits from it," Judge said in a statement. "We wanted to set the record straight by providing credible and up-to-date information about the industry and our proven record of strengthening companies, creating jobs and delivering impressive returns to pensions and other investors that bolster the financial security of millions of average Americans."