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carried interest
Industry lobby fights back on Maryland tax bill; Mid-market firm makes a bevy of promotions; Blackstone warns of coronavirus risk to funds.
The state's proposal to add a surcharge to management fee income and carried interest has the industry there scrambling to kill the measure.
Maryland’s proposed tax on management fees and carry may be more tactically sophisticated (if disagreeable to business) than they’re getting credit for.
Carried interest is being awarded further down the food chain.
Compensation in PE is increasing – particularly at more junior levels – according to two extensive research reports.