Jun 8 2010 | 10:52am ET
Democrats in the U.S. Senate are nearing a deal that would more than double the taxes paid by hedge fund and private equity fund managers on their shares of their funds’ profits.
The proposal would, however, be slightly more favorable to the alternative investments industry that one passed by the House of Representatives last month. Performance and incentive fee income would instead by taxed at 32.7%. Venture capitalists would get an even better deal, with their profits on investments held for at least seven years taxed at 30.7%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…