Private Fund Update - April 7, 2014

It's a very busy week here in Washington before Congress heads off for a two-week recess. Key events include:

• A Wednesday House Financial Services Committee hearing on several JOBS Act 2.0 bills, mostly involving easing restrictions on small, publicly traded companies;
• A Wednesday House Small Business Committee hearing on tax problems for small businesses; and
• Thursday's meeting of the SEC's Investor Advisory Committee, which will vote on six proposals regarding crowdfunding.

This week's Update also covers:

• PEGCC's Q3 2013 performance update, which shows that private equity outperforms the S&P 500 for the 5- and 10-year time horizons;
• Last week's Small Business Committee hearing on bitcoin for small businesses;