Month: August 2025
Are Secondaries and Fund of Funds Investments on the Horizon for Venture Capital Fund Managers?
On July 22, 2025, two new bills – the Developing and Empowering Our Aspiring Leaders Act of 2025 (DEAL Act) and the Improving Capital Allocation for Newcomers Act of 2025 (ICAN Act) – advanced out of the US House Financial Services Committee with strong bipartisan support. If enacted, these bills […]
Key Tax Law Changes for Fund Managers Under the One Big Beautiful Bill Act
The “One Big Beautiful Bill Act” (OBBBA), signed into law on July 4, 2025, brings important changes for investment funds. The OBBBA also omits several anticipated provisions that would have adversely impacted investment funds. This alert highlights nine of the most relevant tax-related provisions and omissions and their practical effect […]