News & Events

Partners Jordan Cross and Meaghan Kelly were featured in a Law360 Q&A exploring the potential impact the new administration might have on the private equity industry and expressing optimism regarding the outlook for private equity. Jordan explained that, “As a whole, we expect the return of the Trump administration to be a net positive for private equity firms from the sense that the U.S. Securities and Exchange Commission is less likely to pursue an ideologically driven policy agenda targeting private funds. Two key things we expect to see are, one, an SEC rulemaking — and rulemaking-through-enforcement — agenda that is less targeted at private funds and, two, the continued importance of retail investor access to more private-oriented investment options.” Meanwhile, Meaghan noted that “...We do expect exams and enforcement to continue to be active in the private equity space. On a related point, as the retail access to private funds continues to expand, we expect a greater focus under the new administration in exams and enforcement activity related to registered funds.”

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