PEGCC defends industry’s investment role in United States economy; some Democrats break ranks and rally to its defense As a campaign ad for President Barack Obama compared rival Mitt Romney’s former firm, Bain Capital, to a “vampire,’’ political debate about private equity investing intensified. But the $7 million-revenue industry group Private Equity Growth Capital Council has been preparing for this line of attack since February, after Romney’s background at the leveraged-buyout firm was used against him by Republican primary rivals. The Obama ad quoted the criticism from Romney’s GOP rivals, including Rick Perry’s description of Bain Capital’s work as “vulture… Read More