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ACG Chapter Leaders CallMay 2015Public Policy Updates
Amber Landis, Senior Director, Public [email protected]@amberlandis
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Chapter Leaders Call - Agenda
1. Update on ACG’s Private Equity Regulatory Task Force
2. ACG Grassroots & Chapters
3. Michigan’s Grassroots Pilot Program
4. Congressional Caucus for Middle Market Growth – Take Action!
5. GrowthEconomy.org 2.0
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ACG PERT: Private Equity Regulatory Task Force
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ACG PERT: Private Equity Regulatory Task Force
• Genesis of PERT• Speeches made by regulatory officials• ACG’s SEC Task Force Survey: August/September 2014 - 200+
responses; 25% response rate.
• Launched in Oct. 2014:• Gathers CFOs, COOs and in-house counsel to develop best
practices, called “PERT Principles”, on compliance issues and to provide detailed feedback to SEC.
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ACG PERT: Private Equity Regulatory Task Force
• PERT’s mission is to provide our middle-market private equity firms with a FACE: Facilitate communication and coordination among fund professionals; Advocate before federal regulators and policymakers on behalf of middle-market
private equity; Create a network of peers to develop and share best practices; and Educate private equity professionals and key stakeholders (management
partners, investors, lenders, etc.) on regulatory issues that have a direct impact on them and our funds.
• 36 private equity firms are members and recruitment continues. Includes steering committee of six industry practitioners.
• Quarterly meetings and scheduled PERT DC fly-in next week!
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ACG Chapter Activities:– Presentations by Members of Congress at Chapter Meetings– Presentations at Regional ACG Capital Connections– In-District Plant & Office Meetings– Middle Market Caucus events– Presentations of ACG Growth Champion Award
ACG Grassroots & Chapters
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ACG Grassroots & Chapters
Check out ACG’s Grassroots Toolkit!
Eduardo Berdegue, ACG Central Texas & Congressman Lamar Smith (R-TX)
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Grassroots Pilot Program - MichiganObjective:
To create a state focused grassroots pilot program that shows the impact of middle-market investment on jobs and growth and influences the national debate. Lessons learned from the pilot will help inform future efforts that can be replicated in other states.
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Grassroots Pilot Program – Michigan
"We owe a great debt of gratitude to JC Huizenga and the team at Huizenga Automation Group," said Jones. "They provided support over a 20-year partnership enabling us to successfully compete and grow on a global basis."
JC Huizenga sells off award-winning companyMarch 2015
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Congressman Steve Stivers (R-OH)
Congressman Jared Polis (D-CO)
Congressman Tom Rice (R-SC)
Congresswoman Kyrsten Sinema (D-AZ)
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Take Action: Congressional Caucus for Middle-Market Growth
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Click to edit Master title style
What’s New? Five Dynamic Sales SegmentsSmall: Less than $10M in SalesMiddle Market (MM) Segment 1: $10-$50M in SalesMiddle Market (MM) Segment 2: $50M-$100M in SalesMiddle Market (MM) Segment 3: $100-$1B in SalesLarge: More than $1B in Sales
Middle Market accounts for 98 percent of the job growth!
And 98 percent of sales growth!
GROWTHECONOMY.ORG
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