True Partners Insights

Politics & Congressional Activity Presidential Election:  Former Vice President Joe Biden was elected to serve as the forty-sixth President of the United States on November 3rd with over 80 million votes and 306 Electoral College votes.  Senator Kamala Harris will be the new Vice President.  President-elect Biden was declared the winner of the Presidential election on November 7th. On December 14th, the Electoral College delegations met and voted in their […]

This article originally appeared in crainsnewyork.com In 2020, private equity firms and their portfolio companies experienced the same pandemic-fueled economic shocks as every other business. But because of specific eligibility criteria, many PE firms did not qualify for forgivable loans from the Paycheck Protection Program instituted by the CARES Act. Now PE firms are looking for growth opportunities in a low-asset-value environment. They’re also taking on an expanded role in […]

Election Results and Congressional Activity Voters in the United States turned out in record numbers on November 3rd to cast their ballots in the Presidential race as well as state and local races.  Although most of the results have been officially announced, there are some outstanding races that have been labeled either “too early to call” or “too close to call.” Presidential Election:  With 270 electoral votes needed for victory, […]