4.9M JOBS AT PRIVATE EQUITY-BACKED U.S. COMPANIES IN U.S. COMPANIES FROM

Transcription

1 PRIVATE EQUITY INVESTS AND SUPPORTS JOBS IN NEW MEMBERS STATES & DISTRICTS REP. BEN McADAMS 13,891 JOBS $1.97B REP. AYANNA PRESSLEY 39,147 JOBS $3.15B SEN. JACKY ROSEN 11,004 JOBS $2.25B INVESTED REP. DAN CRENSHAW 16,724 JOBS $2.34B INVESTED SEN. RICK SCOTT 1,015,357 JOBS $29.88B INVESTED

2 PRIVATE EQUITY INVESTING IN AMERICA The American Investment Council (AIC) welcomes all new Representaives and Senators to Congress and looks forward to working with them. Across our country, the private equity (PE) industry is supporing American jobs, building beter businesses, and strengthening pensions for public sector workers and reirees. This new AIC report highlights private equity s speciic impact in the states of all incoming Senators and 40 of the new incoming Representaives. From coast to coast, the private equity industry is having a posiive impact in the lives of new Members consituents each day. Our industry has strengthened thousands of local businesses and naional brands, including Dunkin Donuts, SkinnyPop, Uber, Borden Dairy, Dollar General, Dell, Tate s Bakeshop, Jify Lube, and Hilton Hotels. BY THE NUMBERS 4.9M JOBS AT PRIVATE EQUITY-BACKED U.S. COMPANIES $3T INVESTED IN U.S. COMPANIES FROM % RETURNS FOR PENSIONS OF PUBLIC SECTOR WORKERS & RETIREES OVER A 10-YEAR PERIOD. PE OUTPERFORMS PUBLIC MARKETS OVER THE SHORT TERM & LONG TERM. Learn more about how private equity is invesing in America: INVESTMENTCOUNCIL.ORG 1

3 RICK SCOTT MARSHA BLACKBURN KYRSTEN SINEMA MARTHA McSALLY MITT ROMNEY JOSH HAWLEY MIKE BRAUN JACKY ROSEN KEVIN CRAMER SENATE Every new Senator represents a state that has thousands of jobs that are backed by private equity and receives signiicant private equity investment each year. The list below includes jobs and investment data from 2017 alone. (Source: Pitchbook) INVESTMENT JOBS FL TN AZ AZ UT $29.88B 1,015,357 $21.53B 168,497 $10.90B $10.90B 152, ,943 $5.98B 52,060 MO$12.28B 44,975 IN NV ND $8.26B 26,185 $2.25B 11,004 $340M 2,715 2

4 HOUSE Every new member of the House represents a district that beneits from private equity investment. For this report, we have highlighted the top 40 new Member districts for private equity jobs and investment. This data demonstrates once again how diverse communiies across the country are receiving signiicant private equity investment. The list below includes jobs and investment data from 2017 alone. Pennsylvania has 180,217 people who work at private equity-backed companies and received $28.53B in investment in Due to recent redistricing throughout Pennsylvania, we did not include these new districts on our list VAN LUCY KATIE TIM HALEY AYANNA SHARICE LIZZIE GREG DEAN ED DAN HARLEY JOSEPH SEAN TAYLOR McBATH PORTER BURCHETT STEVENS PRESSLEY DAVIDS FLETCHER STANTON PHILLIPS CASE CRENSHAW ROUDA MORELLE CASTEN TX-3 GA-6 CA-45 TN-2 MI-11 MA-7 KS-3 TX-7 AZ-9 MN-3 HI-1 TX-2 CA-48 UT-4 $3.00B $2.97B $6.93B $6.54B $3.10B $3.15B $2.68B $1.82B $1.18B $520M $2.34B $1.97B BEN McADAMS CHIP ROY TX-21 $2.33B NY-25 IL-6 INVESTMENT $1.21B $2.80B JOBS 85,658 73,918 60,401 50,410 49,768 39,147 37,227 23,831 23,762 22,338 20,303 16,724 15,341 13,891 13,185 12,723 12,328 3

5 JASON CROW ILHAN OMAR MIKE LEVIN BEN LAUREN CLINE UNDERWOOD LORI JENNIFER TRAHAN WEXTON JOSEPH ANGIE NEGUSE CRAIG MIKIE TBD SHERRILL ANDY PETE LEVIN STAUBER MARK RASHIDA GREEN TLAIB COLIN KEVIN ALLRED HERN SUSIE KELLY LEE ARMSTRONG ABIGAIL GIL SPANBERGER CISNEROS TOM ROSS MALINOWSKI SPANO $1.13B $1.33B $1.27B $400M $3.02B $1.04B $4.21B $1.77B $1.36B $5.20B $580M $3.49B $600M $450M $110M $1.14B $500M $900M $340M $1.22B $2.20B $3.24B 7,361 6,374 4,925 2,854 6,666 9,798 6,185 3,867 2,754 7,081 9,892 6,372 3,970 2,781 6,381 5,001 8,614 5,775 3,732 2,715 5,415 3,711 2, CO-6 VA-10 MA-3 NJ-7 FL-15 MN-5 MN-2 CO-2 TN-7 MI-13 CA-49 NJ-11 NC-9 TX-32 OK-1 VA-6 MN-8 MI-9 NV-3 ND IL-14 VA-7 CA-39 4 INVESTMENT JOBS HOUSE (con t)