Edward Taibi Publishes Article in Law360 on How the 2024 Election Results May Prove Fortuitous For Family Offices

Olshan corporate partner Edward Taibi published a Law360 article (subscription required) entitled “2024 Election Results May Prove Fortuitous For Family Offices.” In the article, Ed discusses how the 2024 U.S. election results will impact family offices and addresses how the Republican victory and subsequent appointments to key federal posts will create favorable conditions for family offices to invest in specific industries. He also offers several key areas where family offices can capitalize on the new political shifts and discusses how this relates to various industries, including defense, energy, technology, infrastructure and manufacturing. Moreover, Ed emphasizes the importance of patient capital, which allows family offices to make long-term investments and take advantage of unique opportunities. “Benefits afforded by patient capital include the opportunity to better deliberate on new investments and their performance over longer periods; the ability to be flexible in terms of utilizing equity or debt financing; flexibility in structuring investments and specific industries and businesses they target; and the ability to explore tax-advantaged structures to take advantage of their inherent long-term holding characteristics,” Ed writes.