Private Equity Growth Capital Council is seeking to alter the executive compensation rules for financial institutions proposed by the Securities and Exchange Commission (SEC), Pensions & Investments reports. The lobbying and trade group is looking to exempt private equity and growth capital funds from some of the regulations. The group, consisting of 35 large private equity firms, argues that private equity firms and funds do not raise systemic risk concerns. The council believes that earnings source for general partners and their principals are linked to actual, long-term investment performance and do not raise the types of concerns that the proposed rules were intended to address.

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