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The UK is to raise taxes on performancefees, 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.
RITHOLTZ: So what led you to the talent side of finance? WEINSTEIN: Well at Goldman, you know, what I realized is I didn’t really love finance. RITHOLTZ: I know I have a natural ability to scout out some of the best and brightest alpha generators in finance. RITHOLTZ: Finance in general. I could do the work.
They’re also owned by a foundation, something that’s rather rare in the finance industry. And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performancefee. 00:24:31 [Speaker Changed] We refund the fee.
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