Private Equity in the Age of Tax Reform: Navigating the Tax Cuts and Jobs Act Again

Drew Maloney is President and Chief Executive Officer of the American Investment Council (AIC), an advocacy and research organization representing the private equity and credit industry in Washington. As CEO, he has doubled AIC’s membership and budget during his tenure. He has also led strategic advocacy campaigns to ensure policymakers appreciate private equity’s essential role across America by directly employing 12 million Americans and primarily investing in small businesses. He has regularly been named to the Washingtonian’s list of the most influential people shaping public policy.

Maloney served as an Assistant Secretary of the Treasury. He worked on a range of major issues including the passage of the tax reform law, financial services reform, CFIUS, trade policy, and sanctions. Prior to Treasury, he was a corporate officer and VP of Government and External Affairs for Hess Corporation. Maloney has also served as a senior advisor to several Republican presidential campaigns.

He holds a bachelor’s degree from Randolph-Macon College and a J.D. from Catholic University. Maloney serves on the board of directors for the Meridian International Center. Maloney is also a board member at Inframark, a water infrastructure company and Trystar, a power solutions company.

As Chief Executive Officer at ACG, Brent oversees all aspects of the organization's operations and plans for strategic growth.

He has a long career in middle market M&A, with more than 25 years of sell-side and buy-side advisory experience, closing more than 200 transactions with a combined value of more than $1 billion. He also has a long and dedicated history supporting ACG in a volunteer capacity, serving in multiple positions on the ACG Board of Directors, and was recently honored with a Lifetime Achievement Award at the 2023 DealMAX event.

Brent has been an active participant in numerous chapter leadership events for 20+ years, forming deep connections with ACG's chapter network. He has attended more than 250 ACG events throughout the U.S. and has been a key member of his local ACG St. Louis chapter, serving in multiple positions including Board President, Membership Chair, Chair of the Corporate Peer Group, as well as Chair of a key multi-chapter Midwest event, the Growth Conference.

Immediately before joining ACG, Brent served as Managing Director at Nolan & Associates, a leading boutique investment banking firm with a focus on the middle market.

Prior to joining Nolan, Brent spent 18 years as Managing Director of a St. Louis independent investment bank. He also has extensive experience growing private companies through acquisitions, serving as CEO of a food manufacturing company that more than quadrupled its sales in eight years, and continuing to serve on the boards of several privately held companies.