Welcome to the post-Tax Cuts and Jobs Act era. With the ink still drying on the final bill, private equity investors and sponsors need to start focusing on provisions that could alter the mechanics of equity investing and the expected returns from those investments. In the immediate aftermath of the enactment, the work to be done will likely focus first on identifying and framing the questions surrounding the most salient provisions affecting private equity investment funds.
This article provides a quick look at a few of the key provisions that may affect private equity, some of the questions those provisions generate, and early indications of what the answers might be. Read more at ACG New York.