Private Equity Is Good for America

By Steve Judge, Special to The Motley Fool

The recent attention given to the private equity industry, due in large part to the upcoming November presidential election, has fostered an often lively debate about the utility of the industry for society. Some would have you believe that private equity is not good for the economy, but this claim is an outmoded notion unsupported by the facts. The truth is that private equity delivers the capital necessary for companies to compete, succeed, and grow -- driving significant economic benefits that can be felt across the U.S. economy.

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