Private Fund Update - August 4, 2014

Congress wrapped up its busy pre-recess schedule focused on a supplemental appropriations bill to help fund costs associated with the inflow of people across the southwest border. This update includes:

• ACG's June Public Policy Newsletter, which includes several policy-related articles;
• The Private Equity Growth Capital Council's private equity performance update for Q4 2013;
• Senate Banking Committee's hearing on the recent GAO study on whether large banks enjoy a "Too Big To Fail" advantage; and
• The recent Senate Permanent Subcommittee on Investigations hearing on the use of structured financial products to evade U.S. short-term capital gains tax.

This will be my last update until September. Have a great summer, and as always, please let me know if you have any suggestions or comments.