Association for Corporate Growth Launches Policy Initiative With Summit in Washington, DC

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The Association for Corporate Growth® (ACG) held the inaugural ACG Middle-Market Growth Policy Summit at the US Chamber of Commerce in Washington, D.C. on February 29, 2012. The Summit engaged ACG members in on public policy issues pertaining to middle-market private capital and investment.

Rep. Steny Hoyer (D-CT) addresses ACG Summit

ACG is committed to changing the narrative about middle-market private equity and private capital through education, research and communication,” said Andy Rice, chairman of the ACG Board of Directors and senior vice president of the Jordan Company.

Highlights of the half-day program included addresses and conversations with the following Congressional leaders and US Chamber executives:

  •     Representative Steny Hoyer (D-Maryland), the second-ranking House Democrat
  •     Representative Robert Hurt (R-Virginia)
  •     Representative Jim Himes (D-Connecticut), House Financial Services Committee
  •     Representative David Schweikert (R-Arizona), House Financial Services Committee
  •     David Chavern, EVP and Chief Operating Officer, US Chamber
  •     David Hirschmann, SVP of the US Chamber and President/CEO, Center for Capital Markets Competitiveness

ACG also shared a preview of a unique website showcasing the economic performance of companies funded by private capital investment. This never-before-released data combines multiple databases including the National Establishment Time-Series (NETS) Database with data from PitchBook and made possible through collaboration with the Edward Lowe Foundation. This research will be formally launched at InterGrowth® 2012, April 25-27 in Dallas, Texas.

“ACG is committed to changing the narrative about middle-market private equity and private capital through education, research and communication,” said Andy Rice, chairman of the ACG Board of Directors and senior vice president of the Jordan Company. “The Summit and the research that ACG will unveil at InterGrowth are just the first steps to achieve this shift in perception.”

“Attendees of the Summit left with a greater understanding of how Washington policy-makers view private equity and what private equity might expect in the next year,” said Gary LaBranche, FASAE, CAE, president & CEO of ACG. “Perhaps most importantly, we learned what ACG can do to impact the policy and perception environment.”

To view photos from the event, click here.
For more information on ACG, visit http://www.acg.org.

About ACG
ACG’s 14,000 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 56 chapters. Learn more at http://www.acg.org. ACG drives middle market growth. Learn how at http://www.middlemarketgrowth.org.

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Christine Melendes
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