image description

Archive

image description

Prevailing Trends in Private Equity Fundraising (Paul, Weiss, Rifkind, Wharton & Garrison LLP)

2017 was an extraordinary year for private equity fundraising, and 2018 is seeing continued buoyant activity. The negotiation of terms between general partners (GPs) and limited partners (LPs) is…

A Pipeline to Growth (Simpson Thatcher & Bartlett LLP)

Within the next five years, the United States is projected to become the world’s top oil producer.1 Driven largely by the shale revolution and technological advancements in the extraction of tight…

Taking Stock: How the SEC’s Enforcement Priorities and Headwinds May Affect Private Equity in 2018 and Beyond (Cleary Gottlieb Steen & Hamilton LLP)

Under Chair Mary Jo White, the Securities and Exchange Commission took a number of public steps to make it clear that the SEC’s enforcement program had the private equity industry squarely in its…

Volcker Rule Reform: What It Means for Private Funds (Debevoise & Plimpton LLP)

On July 17, 2018, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Commodity Futures Trading Commission and the Securities and…

The Digital Transformation Imperative (KPMG)

By Jeffrey Kollin, U.S. Advisory Lead Principal, Private Equity, KPMG in the U.S. If you haven’t taken the bold steps towards digital transformation within your business, you may be working with…

Private Equity Investment Volume Doubles from 2017

WASHINGTON – US private equity investment volume increased to $57 billion in the first quarter of 2018, a staggering 159 percent increase from the first quarter of 2017, according to the American…
Policy Articles

International Issues: Positioning U.S. Private Equity Firms and Funds in Global Markets

The AIC is the voice for private equity in the United States, but we also work to ensure U.S. private equity firms and the funds they manage receive fair treatment in other countries. We agree with…
Policy Articles

Tax Regulatory Priorities

The enactment of tax reform legislation in late 2017 began a second phase of tax reform in the regulatory space. The private equity industry, working through the AIC, will be working over the coming…
Policy Articles

The JOBS Act and Public Shareholder Communications

The AIC urges the SEC to simplify the verification of investor status and provide further assurances on what constitutes “general solicitation” to allow for normal business reporting without…
Policy Articles

The Advertising Rule

The AIC urges the SEC to modernize the Advertising Rule to better meet the demands of the 21st century. The SEC’s Advertising Rule (Rule 206(4)-1), which has not been amended since its adoption…
Policy Articles

The Custody Rule

The AIC urges the SEC to update the Custody Rule to remove unnecessary burdens. The SEC’s Custody Rule (Rule 206(4)-2) imposes many unnecessary burdens on private fund sponsors with respect to the…
Policy Articles

The SEC’s Auditor Independence Rules

The AIC urges the SEC to clarify the applicability of its auditor independence rules in the private equity context to reduce the detrimental effects on capital formation caused by the current…
Policy Articles

Investment Advisers are Not Broker-Dealers

Investment Advisers are Not Broker-Dealers: The AIC urges the SEC to confirm that broker-dealer regulations do not apply to private equity investment advisers merely because they may receive fees in…

New Mountain Capital’s Steve Klinsky Elected Chairman of the American Investment Council

WASHINGTON – The American Investment Council (AIC) announced today the election of Steve Klinsky as Chairman of the AIC’s Board of Directors. Since 1999, Klinsky has been Founder and Chief…

Private Equity Across America: Louisville

The private equity industry employs millions of Americans and provides a secure retirement for schoolteachers, police officers, and other pension holders. In the months ahead, the American…

BDC Leverage Caps to Increase, Creating Potential Opportunity for Credit and Private Equity Managers (Kirkland & Ellis LLP)

The views reflected in this article are those of the author, and do not necessarily reflect the views of the American Investment Council. By Aaron Schlaphoff (Partner), Scott A. Moehrke,…

What is Private Equity?

The following videos will provide you with more information about the private equity industry and how it invests in people and communities across America. Click below to watch some quick explainers…

Tax Reform – Living the Dream of a Tax Professional (PwC)

The views reflected in this article are those of the authors, and do not necessarily reflect the views of the American Investment Council. PwC is an AIC Silver Level Associate Member. By Puneet…