Carried Interest

Delegates at the 2014 forum heard about the challenges around automating the carry waterfalls process – something that’s still true nearly a decade on.

Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.

'Super carry' provisions letting GPs keep more than the traditional 20% help boost larger funds' profit-sharing proportions.

Pioneering fund managers are making the ultimate GP prize – carried interest – contingent on impact or ESG metrics. Is this the future?

Carried interest, capital gains and SALT all sting but worse may be coming.

A House bill, as currently written, came as a surprise to the market, as other regulatory, inflation and competitive headwinds abound in private equity. But Fall Forum panelists kept their chins up about the future.

A US Chamber of Commerce report predicts the tax could see the PE/VC industry shrink by nearly 20%. But a House committee moved to take its edge off, and one finance exec shrugs at even the worst proposals.

The report predicts the tax could see the PE/VC industry shrink by nearly 20%, with failures of many PE and venture-backed firms.

Growth in separate accounts and retail evergreen products means the investment firm’s carry mix will change, its vice-chairman said on its latest earnings call.

Apollo's Fund VIII returned to paying carry after recovering from the 21.6% devaluation of its private equity portfolio in the first quarter of last year.