Certain investors are borrowing against their portfolios to use leverage to enhance their aggregate returns. [PERE]

The Business Roundtable, an association of chief executive officers of nearly 200 American companies and chaired by JPMorgan Chase CEO Jamie Dimon, has revised its Statement of Purpose away from shareholder primacy to a broader view emphasizing supporting their communities, investing in employees, delivering value to customers, dealing fairly with suppliers and creating long-term value for shareholders.  [Fortune]

The United States Democratic presidential candidates are floating a number of tax increase proposals targeting the assets held by affluent Americans, from making death a realization event for triggering capital gains taxes on appreciated assets to an outright direct tax on wealth based on market value, regardless of a liquidity event.  [Wall Street Journal] 

Is German political reluctance to employ fiscal stimulus a negative for the entire EU?  [Markets Policy Partners]

Simon Havers of executive search firm Odgers Berndtson details why carried interest allocation is not smooth sailing. [Private Equity International]

Preqin survey reveals 93% of investors plan to increase or maintain PE commitments. [Real Deals]

City of London reacts to Boris Johnson’s intention to suspend Parliament. [PE News]