Improving Capital Allocation for Newcomers Act of 2025

This bill changes the rules for venture capital funds, which are investment companies that get to skip some regulations that other investment companies must follow. Right now, to qualify as a venture capital fund, a company can have no more than 250 owners and no more than $10 million in total money invested or promised. This bill would increase those limits to 2,000 owners and $150 million in total money.

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