Founder & President

Jason Mulvihill is the Founder & President of Capitol Asset Strategies.

Prior to starting the firm, Mulvihill served as the Chief Operating Officer and General Counsel at the American Investment Council for over 12 years. In that role, Mulvihill spearheaded advocacy efforts for many of the leading private equity, growth capital, and private credit firms in the world. He oversaw the AIC’s Regulatory Committee, General Counsels Committee, Tax Committee, the Private Credit Working Group, and the Chief Compliance Officers Working Group.

Mulvihill’s accomplishments include:

• Led multiple advocacy campaigns that defeated or modified proposed tax and regulatory changes, including several high-profile conflicts over the appropriate taxation of carried interest capital gains. Collectively, these campaigns saved billions of dollars for private investment firms and preserved the license to operate for thousands of businesses.

• Achieved beneficial regulatory adjustments for private equity and private credit on numerous issues including Systemically Important Financial Institution designation, aggregation of positions, incentive-based compensation, the Volcker Rule, independence of compensation committees, auditor independence, the custody rule, CFIUS, and Form PF.

• Directed the successful effort to provide relief from new FinCEN beneficial ownership disclosure requirements for registered investment advisers, exempt reporting advisers, and their pooled investment vehicles.

Before joining the AIC, Mulvihill served as a Legislative Director and Chief Counsel in the United States Senate. In this capacity, Mulvihill was responsible for tax and trade issues before the Senate Finance Committee. He was one of the principal staff who crafted the bipartisan renewable energy tax credit legislation signed into law in 2008. In 2009, he developed and secured enactment of cancellation of debt income legislation.

Mulvihill previously served as Senior Counsel for the Senate Committee on Commerce, Science, and Transportation. Before working on Capitol Hill, he was an Associate at Skadden, Arps, Slate, Meagher & Flom in Washington, D.C., practicing antitrust law.

Mulvihill graduated summa cum laude and Phi Beta Kappa from Georgetown University, and received his law degree from Columbia University Law School. He is a member of the New York State, District of Columbia, and United States Supreme Court Bars.

Managing Partner

Chris Hayes is a Managing Partner at Capitol Asset Strategies.

Before joining Capitol Asset Strategies, Hayes held several policy roles in the web3/blockchain industry, as well as in the traditional financial services space. Most recently, he led global government relations for the Celo Layer-1 blockchain, as well as US government relations for Sorare SAS, an NFT company backed by Softbank.

Prior to entering the blockchain industry, Chris built and led the global advocacy program for over 600 institutional investors in private funds at the Institutional Limited Partners Association (ILPA) for five years. He also led its legal best practices initiatives, as well as ILPA's engagement with in-house legal teams at LPs.

Hayes’ accomplishments include:

• Led multiple successful advocacy campaigns in Congress and at the SEC in the private funds space for Limited Partners, including on the Investment Adviser Alignment Act, Stop Wall Street Looting Act, the SEC Private Fund Adviser (PFA) Rule, and the 2017 tax reform legislation.

• Spearheaded the passage of legislation that created an office of the Advocate for Small Business Capital Formation, and a permanent Small Business Capital Formation Advisory Committee at the SEC, as well as legislation that was the first rollback to Dodd-Frank, raising the 150MM SEC registration for certain private fund advisers.

• Led the project that created the first free, publicly available model limited partnership agreement (LPA) for private funds - the ILPA Model LPA.

• Influenced the groundbreaking Markets in Crypto Assets (MiCA) legislation in the EU, with a focus on the provisions regarding stablecoins, and native layer-1 tokens.

• Built and led a successful advocacy platform for a Layer-1 blockchain focusing on the use of tokenized carbon credits on blockchain technology.

Before ILPA, Chris co-led the government affairs efforts as General Counsel at the Small Business Investor Alliance (SBIA), the primary trade association for Business Development Companies (BDCs), US middle-market private equity advisers, and Small Business Investment Companies (SBICs).

Chris is active as an advisor, investor, and fundraiser in the private funds' space, given his extensive network with the institutional allocator community. He serves as an advisor to Aumni, Inc., a private fund legal analytics platform recently acquired by JP Morgan, and on the advisory board of Steward Asset Management, a strategic investor to emerging and diverse private equity and opportunistic managers.

Chris holds a Juris Doctor from the University of San Diego School of Law, and a B.A. in political science and legal studies from the University of Massachusetts at Amherst. He is admitted to practice law in California and the District of Columbia.

Senior Adviser, Health Policy

Tommy Barletta is a Senior Adviser at Capitol Asset Strategies.

Tommy Barletta has over 20 years of experience working at the crossroads of financial markets, policy and politics. He currently leads his own policy advisory firm working at the intersection of health policy and investment, Jones Point.

Throughout his career, Tommy has been a trusted advisor for both companies pursuing specific legislative and regulatory strategies and institutional investors assessing the impact of policy changes on their investment portfolios. Most recently, he led Marwood Group Research, where he spearheaded a multi-year strategy re-establishing the firm as the market leader for Washington healthcare investment research, resulting in several million dollars of revenue growth. As the Director of Research he was the practice head, responsible for leading the firm’s analysis of federal policy catalysts and leveraging those insights into actionable investment advice for hedge fund and mutual fund clients. His leadership, relationships and strategic vision played a key role in Marwood’s positioning in the highly competitive investment research industry.

Prior to Marwood, Tommy worked in senior roles in public relations and in Congress, serving as Press Secretary and Legislative Assistant for former Representative Cal Dooley (D-CA). In these roles, he successfully built relationships in Congress, the White House and the business community that resulted in the passage of multiple pieces of bipartisan international trade legislation.

Tommy holds a B.A. in Politics and Spanish from Wake Forest University and an MBA from Georgetown University’s McDonough School of Business. A huge Demon Deacon sports fan, Tommy serves on the Wake Forest Alumni Athletic Advisory Board.

Senior Adviser, Technology Policy

Michael McGeary is a Senior Adviser at Capitol Asset Strategies.

Michael specializes in technology, artificial intelligence, and their intersection with policy. McGeary is the former Chief Executive Officer of Allied for Startups, and also retains the position of Secretary-Treasurer and has been a Board Director since its founding. He is the former Head of Public Policy for Upwork, the world’s largest global freelancing website, and Chief Political Strategist of Engine, a non-profit based in San Francisco and Washington DC, working to connect startups with government to effect change on issues important to high-growth, entrepreneurial tech businesses.

Previously, he worked directly in startups, with early-stage firms, and venture capital, specializing in operational scale, external relations and brand management and adoption. He also served in various roles with two U.S. Presidential campaigns, in a senior advisory role with the University of California, and worked with a leading California law firm specializing in political compliance and disclosure.

A Gloucester, Massachusetts native, he holds a bachelor's degree in political science from Tufts University, and resides with his wife, Sarah, and two sons, Jack and Ted, in Wilton, Connecticut.