Taxation

Carlyle and Blackstone executives talked about the firms’ C-corp structures and how they might react to a higher tax rate under a new presidency; Apollo’s Black expects impact on fundraising amid board review.
Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.
Smith will stay out of jail but will pay $139m and continue to cooperate with US federal authorities.
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