Hedge Funds, Venture Capitalists and Private Equity

Sebastian says he remembers talking to one old school hedge fund manager. Everyone in the hedge fun business who knew itbou this arrangement, was very quiet about it for ten or 20 or 30 years sebastian says. But war did spread hedge funds, adventure capitalists and private equity. I well, as their industries grew, they too would use the carried interest loopole. And if that was true, according to the 19 54 swiss cheese us Tax code, voila. Suddenly, your hetchba manager only has to pay the government 25 %, instead of that income tax rate of 91%.