News & Analysis as of

California Governor Newsom Investment

McDermott Will & Schulte

California AB 1415 Aims to Expand OHCA’s Healthcare Transaction Review Authority

On February 21, 2025, Assembly Member Mia Bonta introduced AB 1415, a bill that aims to bring healthcare investments by private equity groups and hedge funds more fully into the scope of the California Office of Health Care...more

Morrison & Foerster LLP

What's Changed in California's Diversity Reporting Law

Morrison & Foerster LLP on

On June 29, 2024, California Governor Gavin Newsom signed into law S.B. 164 (the “Diversity Reporting Law”), amending the previous version of the law that was adopted in 2023, S.B. 54. Please visit the following link for our...more

DLA Piper

California Governor Vetoes Further Legislative Efforts to Restrict Healthcare Investments and Management Relationships

DLA Piper on

On September 28, 2024, California Governor Gavin Newsom vetoed AB 3129, which would have required qualifying private equity groups, hedge funds, and any associated portfolio companies to notify and obtain written consent from...more

Alston & Bird

One Step Back and One Step Forward for Health Care Deals in California

Alston & Bird on

Private equity groups looking to invest in California’s health care industry breathed a sigh of relief when the governor vetoed California’s AB 3129. Our Health Care Group explains why health care transactions in the state...more

Sheppard Mullin Richter & Hampton LLP

Update: Governor Newsom Vetoes California’s AB 3129 Targeting Healthcare Private Equity Deals

On September 28, 2024, Governor Newsom vetoed Assembly Bill No. 3129 (AB 3129), which would have required private equity groups and hedge funds to obtain the Attorney General’s written consent at least 90 days prior to...more

Polsinelli

Governor Newsom Vetoes AB 3129, Addressing Private Equity in California Health Care Transactions

Polsinelli on

On Saturday, September 28th, Governor Newsom vetoed AB 3129, which would have required pre-closing notice to and, in some instances, approval by the California Attorney General for a wide range of private equity health care...more

Robinson+Cole Health Law Diagnosis

California Governor Vetoes Bill Imposing New Requirements for Private Equity in Healthcare Transactions

On September 28, 2024, California Governor Gavin Newsom vetoed California Assembly Bill 3129 (the Bill). The Bill, if enacted, would have imposed new notice and consent requirements for private equity investors involved in...more

Bass, Berry & Sims PLC

California Governor Vetoes Health Care System Consolidation Bill

Bass, Berry & Sims PLC on

On September 28, California Governor Newsom vetoed Assembly Bill 3129 (Bill), which would have created significant oversight of private investment in and management of certain healthcare transactions and arrangements in...more

McDonnell Boehnen Hulbert & Berghoff LLP

AI News Roundup – AI safety global summit, deepfake crackdown, EU AI regulation criticism, and more

To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following....more

Keating Muething & Klekamp PLL

New Diversity Reporting Law for Venture Capital Companies with a Nexus to California

On October 8, 2023, California Governor Gavin Newsom signed Senate Bill 54 (“SB 54”) into law, which attempts to increase diversity, equity, and inclusion amongst venture capital (“VC”) investments. The law is the first...more

DarrowEverett LLP

Venture Capital Firms Face New Reporting Requirement With California Law

DarrowEverett LLP on

Over three and a half years since the death of George Floyd spurred some members of the venture capital community to enact promises to increase their investments in diverse entrepreneurs, California has enacted legislation in...more

Allen Matkins

CalPERS' Russian Investments

Allen Matkins on

The California Public Employees Retirement System (CalPERS) styles itself as the United States' largest public fund.  In response to a letter from Governor Newsom, CalPERS has reported that it has over three quarters of a...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide