KKR, Blackstone, After Tax-Fight Progress, Enlist "Grasstops" by Ryan J. Donmoyer & Jason Kelly:
Blackstone Group LP and Kohlberg Kravis Roberts & Co. are gaining support in Congress in their battle against a tax increase on private-equity firms and are looking to the heartland to win the war, the industry’s chief Washington spokesman said. "Things look better now than they did two or three months ago," said Doug Lowenstein, president of the Private Equity Council, of which Blackstone and KKR are founding members. "We’ve stabilized the situation."
