American Investment Council (AIC)

The American Investment Council (AIC) has released its 2024 public pension study, providing key insights into the role of private equity in public pension portfolios. Key highlights include:   • 15.2% - The private equity median annualized return over a 10-year period, outperforming all other asset classes including public equity, real estate, and fixed income. • 34 Million - The number of U.S. public sector workers relying on private equity for retirement security. • 88% - The share of public pension funds nationwide investing in private equity. • 14% - The proportion of public pension portfolios made up of private equity on a dollar-weighted basis.   These findings underscore private equity’s value in delivering consistent returns and diversification. Read the full study for more details: https://bit.ly/3SduNu1

The American Investment Council (AIC) is pleased to present our 2024 public pension study, showcasing the significant impact of private equity on public pension portfolios. Analyzing 200 U.S. public pension funds representing nearly 34 million workers, the study reveals that private equity investments have achieved a median annualized return of 15.2% over the past 10 years. This performance highlights the important role of private equity in ensuring the retirement security of millions of public servants. Explore the full report and learn how private equity continues to provide strong, long-term returns. https://bit.ly/3SduNu1

Results are in! Virginia tops the list as CNBC’s #1 state for business. It also shines in AIC’s latest Top States and Districts Report with $24.3B in private equity investments. Curious how your state ranks? Check out the full report here: https://bit.ly/4bGDRPc

AIC member The Riverside Company is empowering workers with ownership and strong benefits. Employees at PFB Corporation, siffron, & SCRAM Systems now have a stake in their company’s success. Watch now and learn more: https://bit.ly/4bAuhxf

The American Investment Council (AIC), the premier trade association in Washington for the private investment industry, released its first Private Credit Trends Report. This quarterly report provides valuable insights into private credit activity. Key findings from Q1 2024 include: • Fundraising Success: Private debt funds raised $18 billion, reflecting strong investor confidence.  • Loan Issuance: 133 loans were issued to U.S. companies, with a median loan size of $70 million.  • Major Deals: MB2 Dental secured a $2.34 billion term loan, the largest deal of the quarter. • Direct Lending Focus: Direct lending remains the leading strategy, managing $241 billion in assets.  • Strong Returns: Private debt funds have shown exceptional returns, outperforming high-yield bonds and leveraged loans. • Market Activity: In April 2024, $9.8 billion in collateralized loan obligations (CLOs) were issued. Watch our video for more insight on private credit activity in Q1 2024, and read the full report here: https://bit.ly/3RCbJFx

Today, The American Investment Council is excited to release our first Quarterly Private Credit Trends Report! This comprehensive report provides the latest data on private credit activity, including deal volumes, fundraising levels, and return rates. Key highlights from Q1 2024: • Private debt funds raised $18 billion from investors, with an average fund size of $1.3 billion. • 133 loans were issued to U.S. companies, with a median loan size of $70 million. • MB2 Dental secured a $2.34 billion term loan, the largest deal of the quarter. • Direct lending remains the top strategy, managing $241 billion in assets. • Private debt funds have shown strong returns, outperforming high-yield bonds and leveraged loans. • April 2024 saw $9.8 billion in collateralized loan obligations (CLOs) issued, down from $15.5 billion in March. Watch our video for more insight on private credit activity in Q1 2024, and read the full report here: https://bit.ly/3RCbJFx

ICYMI: The WSJ Editorial Board highlights private equity’s role in a successful legal challenge striking down the SEC’s Private Fund Advisers rule. The editorial notes SEC Chairman Gensler was “seeking to expand the agency’s power” even “though Congress has never given him the power.” Read more: https://bit.ly/4ebj1tA

AIC Applauds Fifth Circuit Court of Appeals Decision to Strike Down SEC’s Unlawful Private Fund Advisers Rule & Defeat Estimated $5 Billion Burden on Private Funds. Read our full release: https://bit.ly/3X3P2xI

AIC's General Counsel, Rebekah Goshorn Jurata, shares her insights at the Private Fund Compliance Regulatory Forum Fireside Chat: "Catalyzing Change: Advocating for Private Investment in 2024 and Beyond." She discussed the new Private Fund Advisers Rule and its impact on the industry. Learn more: https://lnkd.in/etMVMx2F

The Wall Street Journal Editorial Board covered private equity’s win against the FTC in court. Read the full article: https://on.wsj.com/3wFrHrq