Private equity came out of campaign stronger, with better PR

Private equity may have taken a beating on the campaign trail this cycle, but Thomas Heath reports that the industry has learned from the experience

Washington-based Carlyle Group and other industry firms are recognizing the importance of public transparency and have emerged financially stronger.

“This scrutiny has been a good thing for the industry, because it’s caused us to engage more, be more public, generate more data and proactively work to explain who we are, how we do it and who benefits,” said Carlyle spokesman Chris Ullman. “No one loves to be beat up, but at the same time, with scrutiny and daylight comes information and, hopefully, appreciation.”

Rachel Weiner covers cops and courts in Arlington and Alexandria.
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Natalie Jennings | November 8, 2012