Improving Capital Allocation for Newcomers Act of 2025
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-12-02 — Improving Capital Allocation for Newcomers Act of 2025: Bill text would expand the Investment Advisers Act venture capital fund exemption by raising the beneficial-owner cap from 250 to 2,000 persons and the capital contributions/commitments threshold from $10 million to $150 million. (novelty: 3)