Indeed it does. Private equity matters for anyone involved in asset management as a business. This is part of what Alan Quasha does. As a Partner at Vanterra Capital, keeping abreast of private equity matters is extremely important for Quasha. The company is “a global private equity firm that manages assets for a diverse investor base of ultra high net worth partners and leading institutions.” So with recent news in American about two pieces of legislation “that would have huge impacts on private equity managers,” these businessmen must be in the loop. Basically developments in the Senate which (if implemented) would have a huge impact on these companies and individuals is the financial regulatory reforms that were passed. Should these become law, they will be said to “represent the most sweeping set of changes to the U.S. financial regulatory system since the Great Depression.” All private equity firms should be very aware of this development.
Jul
09