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Still, these earnings blow away any other hedge fund profits.
Those fees are separate from the fund profits that the managers are able to treat as carried interest".
The White House also proposed, as it has in the past, ending the preferential treatment of private equity and hedge fund profits, known as carried interest.
But because Texas Pacific has not sold many of its holdings in the second fund, profits on these investments could rebound.
Just once, I'd like to hear a Republican acknowledge that the tax code is riddled with corporate and individual tax breaks that make no sense, and that the favored treatment for hedge fund profits and carried interest is nothing short of outrageous.
3. Fees eat up investors' mutual fund profits.
Similar(40)
The Deephaven Small Cap Growth Fund profited from the short positions, regulators said.
How might a hedge fund profit from that insight?
Mosler's hedge fund profited from this theory.
Leverage, which once helped to juice up hedge-fund profits, is now at an all-time low.The box-ticking requirements that have accompanied massive institutional inflows have led to a reduction in hedge funds' octane levels.
Mr Obama has called again, as his budgets repeatedly have, for eradicating a dog's dinner of loopholes covering inventory accounting, oil and gas production, corporate life-insurance policies, hedge-fund profits and corporate jets.
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