VIDEO: Should carry be considered a fee or a profit?

In this two-minute sponsored video, Withum's Tom Angell explains the two different ways of looking at this "big discussion point."


In this two-minute sponsored video, Withum‘s Tom Angell explains the two different ways in which someone might view carry.

“In my opinion, I think it’s still carry and should be a capital gain as opposed to a fee, but if you asked me 10 years ago when it was more leveraged buyout I would probably tell you it was more of a fee,” Angell said.