Developing and Empowering our Aspiring Leaders Act of 2025

This bill changes rules for venture capital funds, which are investment companies that get special treatment and don't have to follow some regulations that other investment firms must follow. Currently, these funds can only put 20% of their money into certain types of investments like buying stakes from other investors or investing in other venture capital funds. The bill would let venture capital funds count these investments as regular qualifying investments instead of being limited to 20%. However, most of the fund's investments would still need to be either direct investments or investments in other venture capital funds.

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