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Monday, September 24, 2012

Professor Heather Field Warns Some Tax Proposals May Hurt Investors

Professor Heather M. Field has published “The Return-Reducing Ripple Effect of the ‘Carried Interest’ Tax Proposals,” in the Florida Tax Review, a peer-reviewed journal.

The article argues that tax proposals aimed at private equity and hedge fund managers pose risks to investors by upsetting the allocation of risks negotiated in fund agreements and incentivizing managers to take more risks.

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