A nonprofit publication of the Kentucky Center for Public Service Journalism

New report shows private equity creating jobs and driving economic growth across Kentucky

New research from EY and the American Investment Council reveals that across Kentucky, the private equity industry employs more than 102,000 workers—who, on average, earn $69,000 a year in wages and benefits. Beyond these direct jobs, the industry supports more than 327,000 jobs and generates $700 million in state and local taxes, a tremendous benefit to communities in every corner of the Commonwealth. “This...