Thursday, February 12, 2015

PEU KKR's $100K per Head Fundraiser for Jeb

The Daily Mail reported:

With rival Mitt Romney officially out of the 2016 presidential race, former Florida Gov. Jeb Bush is now poised to clean up on the cash front and will host tonight a $100,000 a plate fundraiser for his political action committee. 

Officially launched last Thursday, Bush's Right to Rise super PAC will hold a cash-gathering event tonight for the creme de la creme of New York that has even Wall Street Republicans blushing at the price of admission. 

Private equity underwriters (PEUs) rose during brother George W. Bush's two presidential terms.  It's time for the risen to support one of two U.S. royal families.  In 2008 KKR's founders Henry Kravis and George Roberts hired Ken Mehlman, former National Republican Chairman and head of brother W.'s 2004 re-election campaign.  Ken is Global Head of Public Affairs for KKR and chair of the private equity association/lobbying group, the Private Equity and Growth Capital Council. 

Years ago I lampooned PEGCC as it didn't roll off the tongue.  In fact it sounds like a foreign body being dislodged from the larynx via the Heimlich Maneuver.  I offered Private Equity Capital Knowledge Executed Responsibly, which abbreviates as a more pronounceable PECKER.  It's also a better moniker for private equity chieftains and their firms.

KKR's party will be full of PECKERs intent on lifting Jeb's Right to Rise super PAC.  I expect the multitude of $100,000 a head tickets will function like like Viagra for Jeb's Presidential run.  It's Jeb's right to run and the risen are chipping in.  It's a PEU world, where politicians red and blue love PEU.