In the News: PE Concerns in TikTok Bill; EU AI Act; and China Quant Funds

A proposed TikTok bill could give rise to a U.S. equivalent to the VIE structure; The EU's new AI Act has a wide scope that could affect Chinese firms; and Quant funds respond to regulators' crackdown of their industry.

8 minute readMarch 21, 2024 at 04:52 AM

Clarence Lee

& Krista Lee

In the News: PE Concerns in TikTok Bill; EU AI Act; and China Quant Funds

BillionPhotos.com/Adobe Stock

TikTok Ban Bill Adds Complexity to U.S. PE's China Exit

Last week's advancement of the U.S. bill addressing ByteDance's ownership of TikTok highlights the challenges in the current

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