Skip to content
Subscriber Only

Private-Equity Giants Get a Surprise Win in $1.3 Trillion Spending Bill

  • U.S. legislation includes provision PE firms have lobbied for
  • Measure easy to miss in massive plan that funds government
Ryan Makes Pitch for Votes as Budget Deal Hits Bumps in House
Photographer: Andrew Harrer/Bloomberg
Updated on

Private-equity titans including Apollo Global Management LLC and Ares Management LP are poised to score a big win after lawmakers included in the $1.3 trillion spending bill a measure the industry has been lobbying over for years.

Read More: Spending Bill Unveiled in Congress as Shutdown Deadline Looms