The Removal of the Prohibition on General Solicitation and the JOBS Act

The Jumpstart Our Business Startups Act, generally referred to as the JOBS Act, was signed into law by President Obama on April 5, 2012. The new legislation significantly eases the burden on private equity funds and other investment vehicles seeking to raise capital in reliance on exemptions from registration under federal and state securities laws. While the full impact of the JOBS Act is yet to be seen, this AGG Private Equity Client Alert briefly highlights some of the provisions impacting private equity fund raising and compliance.

Click the link below to read the full alert.