Lawyers
Private Funds Group Global Co-Head Marco Masotti was quoted by The Wall Street Journal in its July 28 article, “Democrats Ready Carried-Interest Tax Hike After 15-Year Lobbying Campaign.” Marco discusses Senate Democrats’ proposed tax increase on private equity fund managers’ carried interest income.
“The primary tool that a private-equity firm has to recruit and retain talented people is carried interest,” Marco says. “This type of change alters balance in an industry that’s performing very efficiently.”
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