Are incentive fees coming to funds?
Boy, what a difference 25 years makes in the world of fund taxation. When my firm launched the…
Boy, what a difference 25 years makes in the world of fund taxation. When my firm launched the first long/short fund in 1986, we had to contend with several constraints: the “short short” rule, which I will explain in a moment, a limitation on shorting stocks, a severe limitation on th
Learn more about reprints and licensing for this article.