The partisan divide in Washington appears poised to take aim at America's private equity markets. These funds are responsible for thousands of jobs, but also find themselves in high-profile public battles like Toys R Us. Officials appear to be focused on requiring more transparency, and accountability for public pension funds who are the source of funding for many PE firms.
Private equity is shaping political discourse like never before, with voters and policymakers alike scrambling to understand the notoriously introverted industry that commands billions. And, with the presidential primaries on the horizon, the topic will likely only gain traction.
https://pitchbook.com/news/articles/4-key-takeaways-from-congress-private-equity-hearing
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