Luis Garcia

Industry lawyers and consultants predict the recently enacted $1 trillion infrastructure measure is likely to create more investment opportunities for private-equity firms in areas they already favor, such as telecommunications, while doing little to expand their presence in the government-dominated transportation sec

Ajit Pai led the Federal Communications Commission as chairman during the Trump administration, after earlier serving as a commissioner during the Obama administration and as a member of the agency’s staff. Trained as a lawyer, in April 2021 he became a partner with Searchlight Capital Partners, where he helps guide the private-equity firm’s digital infrastructure investments. According to Mr. Pai, private capital can play a vital role in providing broadband internet access to the many areas of the US that still have slow service or none at all.