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Why do so many family offices use a complicated carried interest structure?
Why do so many family offices use a complicated carried interest structure?
A carry can provide tax advantages and compensate the manager for results. But if the family's significant expenses are already deductible, the extra work may accomplish very little.
Jeffrey Rosen and I explain when a management fee, a carry, or both make sense in “Management Fee or Carried Interest?”, our latest Family Offices article for Frazier & Deeter
Full article attached.
Jeffrey Rosen
https://lnkd.in/ePJnYJPa