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| | Private Equity, Public Benefits - WSJ.com |
 | | Thus the superior investments of private equity firms translate into stronger pension plans, more financial aid, and scholarships at public and private colleges, and more funds for research to cure or treat diseases. |
 | | Raising taxes on private equity doesn't just harm fund managers or investors -- it also harms the companies that need private equity investments to bring their innovations to market, which, in turn, makes our entire economy less competitive. |
 | | Private equity firms are the fiduciaries for teachers, students, police officers, firefighters and many others across the U.S. In 2006, the 20 largest pension funds (by membership) invested in private equity represented 10.5 million retirees, including plans from California, New York, Texas, Florida, New Jersey, Ohio, Pennsylvania and Michigan. |
| online.wsj.com /article/SB118532670875877067.html (808 words) |
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