Tax Bill May Not Deter Hedge Fund IPOs and Quest for Top Talent
Friday, July 6th, 2007U.S. lawmakers have introduced a bill to raise taxes on “carried interest” compensation - the hefty 20% performance fees that private equity firms charge. But Wall Street’s elite isn’t taking the assault on their profits lying down. An army of high-powered lobbyists is being assembled to block the bill on Capitol Hill. In the meantime, [...]

