What exactly does a Trump presidency mean for private equity?

As unpredictable as Donald Trump was as a candidate, the impact of his presidency seems equally difficult to forecast. As a candidate, Trump’s economic and fiscal policies lacked detail, shifted frequently, and at times, were contradictory. As President-elect, he has already walked back several of his more signature campaign promises. Once his cabinet appointments are made and confirmed, and Republican leadership in the House and Senate galvanize around a set of legislative priorities, his administration’s policy objectives may become clearer. In the meantime, early signs of consensus between the incoming administration and Republicans on Capital Hill suggest significant changes could be looming for the U.S. private equity industry and deal-makers more generally.

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