Hedge Fund News From HedgeCo.Net

New headache looms for private equity, hedge fund firms

Pensions & Investments – A federal tax law aimed at preventing Americans from hiding their assets overseas will soon be a major compliance challenge — some say headache — for private equity and hedge fund managers.

While institutional investors are not directly affected by the new law, they will need to ensure the asset managers with which they do business are fully compliant, so that investment returns aren’t diminished by tax penalties.

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