News & Analysis as of

Hedge Funds California State Legislatures

McDermott Will & Schulte

California State Legislature further amends AB 1415 and SB 351

Assembly Bill (AB) 1415 and Senate Bill (SB) 351 continue to evolve as they progress through the California State Legislature. On August 21, 2025, the California State Senate amended AB 1415 by revising the definition of...more

Polsinelli

California Legislature Advances Bills Impacting Private Equity and Management Services Organizations

Polsinelli on

Key Takeaways - The California legislature is advancing two bills that focus on the role of private equity groups, hedge funds and management services organizations in the state’s health care industry....more

McDermott Will & Schulte

California State Legislature Passes Assembly Bill 3129

The California State Senate and State Assembly passed Assembly Bill (AB) 3129 on August 31, 2024, immediately prior to the end of the state’s legislative session. The bill now heads to the desk of Governor Gavin Newsom as a...more

Allen Matkins

California's Legislature Mulls Weird Definition Of "Hedge Fund"

Allen Matkins on

As the California legislature approaches its final recess of the current session, it is continuing to move AB 3129 (Wood), a bill that would according to the bill's digest "require a private equity group or a hedge fund, as...more

Sheppard Mullin Richter & Hampton LLP

Update: California State Assembly Passes AB 3219 Requiring State Approval of Private Equity Healthcare Deals

California’s AB 3219, which would require private equity firms and hedge funds to obtain prior approval to consummate certain healthcare-related transactions, is now one step closer to becoming law following the State...more

Morgan Lewis

California Could See Regulatory Scrutiny of Post-COVID-19 Healthcare Transactions

Morgan Lewis on

If a proposed bill by the California Senate is passed, parties to certain post-pandemic healthcare transactions involving private equity groups, hedge funds, healthcare systems, facilities, and provider groups would need to...more

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