Private Fund Update - September 8, 2014

The August recess flew by way too fast, and Congress returns to work this week. This update includes:

• Information on ACG's SEC Task Force, including a link to a survey ACG is conducting of private equity professionals on compliance and regulatory matters
• The September House agenda, which includes two bills relevant to the private equity industry;
• Private Equity Growth Capital Council's private equity trends report for Q2 2014, indicating private equity fundraising surged to $50 billion; and
• A recent lawsuit challenging the SEC's pay-to-play rule, which restricts political contributions by registered investment advisers.

As always, please let me know if you have any suggestions or comments.