Many large LPs are telling GPs they won’t invest in their new PE funds unless they pay them off for old funds that are past the ending date. PE is kind of like a life insurer that mis-reserved a block of their policies, allowing too much income to flow early, and then figures out...
New Draft Tax Ruling: TR 2014/D5 - Income Tax: Special Conditions for Various Entities Whose Ordinary and Statutory Income Is ExemptHeesh, Josephine
Many large LPs are telling GPs they won’t invest in their new PE funds unless they pay them off for old funds that are past the ending date. PE is kind of like a life insurer that mis-reserved a block of their policies, allowing too much income to flow early, and then figures out...
L. Phillips, KerkThe American Enterprise InstituteAEI Paper & StudiesDeBacker, Jason, Richard W. Evans, and Kerk L. Phillips. "Macroeconomic effects of a 10% cut in statutory marginal income tax rates on ordinary income." AEI Working Paper (2015): 2015- 15....