Private Equity and Antitrust Enforcement: New HSR Rule Compliance; Trump Administration’s Priorities
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will discuss the new Hart-Scott-Rodino (HSR) premerger notification requirements and their implications on private equity firms and sponsors. The panel will review the expanded data and disclosure requirements including disclosures of minority equity holders and certain limited partners, the enhanced business and competition documents, and regulators' increased scrutiny of prior acquisitions. The panel will also highlight the antitrust priorities and agenda for private equity under the new Trump administration.
Outline
- Overview: new HSR rules and antitrust priorities of the Trump administration
- Key rule changes that directly impact private equity firms and sponsors
- Expanded data and disclosure requirements
- Enhanced business and competition documents
- Disclosures concerning prior acquisitions
- Ownership disclosures
- Other generally applicable provisions that increase the reporting requirements for private equity firms
- Measures private equity sponsors must take to ensure compliance with the new rules
- Trump administration's antitrust priorities and their impact on private equity
- Practitioner pointers and key takeaways
Benefits
The panel will address these and other key issues:
- What provisions of the new rules directly impact private equity firms?
- What are the implications of the new rules on deals and transactions?
- What actions must private equity firms take to ensure compliance with the new rules?
- What are the Trump administration's antitrust priorities and how will they impact private equity?
Faculty
Larissa R. Marcellino
Partner
Willkie Farr & Gallagher
Ms. Marcellino routinely advises private capital sponsors and stakeholders on a broad range of strategic transactions... | Read More
Ms. Marcellino routinely advises private capital sponsors and stakeholders on a broad range of strategic transactions and complex initiatives, including cross-fund and GP-led transactions, liquidity solutions, spin-out transactions, fund formation (including for private equity, venture capital and credit asset classes), GP stake sales and joint ventures. She also regularly advises on management company arrangements, carried interest / incentive plans, succession planning and co-investment matters, as well as related regulatory and compliance considerations. Ms. Marcellino also advises emerging managers and family offices in the establishment of their firms and investment funds. With an industry focus on financial services, she also regularly advises sponsors, boards and special committees on strategic public and private transactions at the intersection of insurance and asset management. Prior to joining the firm, Ms. Marcellino was GC of Aquiline Capital Partners, a private investment firm specializing in financial services and technology.
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Wesley R. Powell
Partner, Co-Chair Antitrust and Competition Group
Willkie Farr & Gallagher
Mr. Powell advises clients on antitrust issues in the context of mergers and acquisitions and represents clients in... | Read More
Mr. Powell advises clients on antitrust issues in the context of mergers and acquisitions and represents clients in merger reviews and enforcement actions by the U.S. Federal Trade Commission, U.S. Department of Justice, and U.S. state antitrust enforcement agencies. He also represents clients in a wide range of non-merger antitrust investigations, class action litigation, and other antitrust disputes. Mr. Powell’s antitrust experience spans a range of industries, including asset management, consumer goods, defense, energy, financial services, health care, hospitality, insurance, payment cards, pharmaceuticals, retail, transportation, and technology, among others. He also has represented clients in corporate governance, employment, First Amendment, restructuring, securities, and other general commercial litigation matters. Mr. Powell previously served as Chair of the Antitrust Section of the New York State Bar Association and is an active thought leader in the constantly evolving antitrust landscape nationally and globally.
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Agathe Richard
Counsel
Willkie Farr & Gallagher
Ms. Richard is counsel in the firm’s Litigation Department in New York. Her focus includes U.S. antitrust law and... | Read More
Ms. Richard is counsel in the firm’s Litigation Department in New York. Her focus includes U.S. antitrust law and European competition law (merger control notifications with an emphasis on analysis and compliance under the Hart-Scott-Rodino Act, merger investigations, restrictive arrangements and monopolization cases).
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