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House Votes to Eliminate Hedge Fund Tax Break

The House passed a bill on Friday that would end a tax break for executives of investment funds, leaving hedge funds, private equity firms and venture capitalists scrambling to ease the effects of the bill before it is taken up by the Senate next month.
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Higher Taxes Proposed for Firms' Managers

Business & Finance : DealBook (6 years ago)

Executives at private equity firms, venture capital firms and hedge funds will pay an estimated $24 billion more in taxes over nine years under President Obama's budget blueprint. The Obama administration proposes raising taxes on t... Read Post

Senate Said to Scale Back 'Carried Interest' Tax

Business & Finance : DealBook (5 years ago)

Senate Democrats are closing in on an agreement to slightly soften a tax hike on executives at private equity firms, hedge funds and other investment partnerships, passed in the House last month, Bloomberg News reported. Read Post

Bill Ackman just made his biggest ever investment in another hedge fund manager

Business & Finance : Business Insider: Clusterstock (1 hour ago)

Billionaire activist investor Bill Ackman told the Wall Street Journal that he's committed the largest amount of money that he's ever allocated to another hedge fund. Ackman, who runs $18 billion Pershing Square Capital and was the ... Read Post

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