KirklandPEN Kirkland & Ellis LLP

Private Equity Newsletter – April 12, 2012

This issue includes the article “JOBS Act Promises to Simplify IPO Process and Reporting Requirements for Emerging Growth Companies,” which discusses how changes to the IPO process and reporting and governance requirements for companies with less than $1 billion in revenue may make an IPO a more attractive exit strategy for qualifying portfolio companies. Also featured is “JOBS Act Reforms Reduce Regulatory Burdens on Private Offerings by Companies and Private Funds,” which describes how the JOBS Act reduces regulatory burdens on private placements by a company or private fund and raises the limit on the number of equity owners a company or private fund may have before it must become public.