Private Equity Wire

OCTOBER 31, 2024

The UK is to raise taxes on performance fees, or “carried interest,” for private equity fund managers from 28% to 32%, effective April 2025 — a smaller increase than many in the industry had anticipated, according to a report by Reuters.

Taxes 72

Taxes Fee Structure Performance Fees Venture Capital 72

Private Equity Wire

FEBRUARY 14, 2024

PARTNER CONTENT By Muhammad Akram, CPA Founder, Akram | Assurance, Advisory & Tax Firm Why fair value is so important Fair value impacts net assets/partners’ capital, potentially overstating performance and overcharging management and performance fees.

Venture Capital 87

Venture Capital Investing Best Practices Mutual Funds 87

The Big Picture

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. That’s a function of the capitalism.

Investing 52

Investing Capital Shareholders Returns 52

The Big Picture

MARCH 27, 2023

She was a partner and a portfolio manager at Canyon Capital, a firm that runs currently about $25 billion. So it was a starting industry, very much sort of a venture capital type of business. And anything above the par value of the total debt on the capital structure belongs to the equity guys. RITHOLTZ: Right.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

Pension Pulse

MAY 22, 2024

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. billion in a venture that holds a US$16.8

Investing 59

Investing Pension Funds Stakes Assets 59

The Big Picture

FEBRUARY 28, 2023

I found David Layton, CEO of the firm, to be very thoughtful and very much different in how he thinks about risk-reward liquidity, various market sectors, processes, just the whole gestalt of we are a steward of capital with our clients, and we are aligned with those clients. It was really a fascinating conversation. RITHOLTZ: Right.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

Private Equity Wire

JUNE 14, 2024

The world’s largest private capital firms have sidestepped income taxes on more than $1tn in incentive fees since 2000 by structuring payments to incur lower levies, according to a report by the Financial Times citing new research from Oxford University. My role is to provide the best estimate of the amount.

Taxes 58

Taxes Capital Buyout Performance Fees 58