This year had no shortage of headline-grabbing developments of importance to the private equity community. Tax reform in the United States will be signed into law, while the United Kingdom still faces the possibility of a “hard Brexit.” Fundraising had another blockbuster year, while fund-level financing was broadly discussed and increasingly-used. And new leaders took the helm at the U.S. Securities and Exchange Commission (SEC), which now must grapple with budget cuts.

In our 2018 Private Equity Review and Outlook, we offer perspectives on the year’s key events and what our private equity clients should be thinking about as we head into 2018.