Investment firms, private equity advocacy group hire lobbyists as lawmakers target tax loopholes

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Investment firms and a private equity advocacy group are lobbyists as lawmakers take aim at tax loopholes.

, a massive private equity firm, was among the firms hiring lobbyists at the time. Blackstone and the Carlyle Group are also members of the American Investment Council.

Cerberus co-founder Stephen Feinberg was once appointed by former President Donald Trump to head the White House's Intelligence Advisory Board. Cerberus focuses in part on what it calls operational private equity, which, according to the firm's website, "differs from standard private equity investing in that sustainable operating improvements and accretive strategic initiatives are at the core of every investment from start to finish.

The Carlyle Group, which was co-founded by former Jimmy Carter advisor David Rubenstein, has hired Marcus Mason of the Madison Group to lobby on its behalf. The new lobbying registration form says Mason, who served as a campaign advisor to former President Barack Obama, will focus on "issues pertaining to private equity, asset management, real estate, and business finance."

A person familiar with Mason's work said that he has not been asked by Carlyle to lobby on carried interest.

 

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I thought the lobbyists were always on their payrolls.

Wilhelmdenni my investments With him has been so profitable and I would love to recommend him to everyone who is interested in boosting up their financial situation Wilhelmdenni

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