Hedge Crunch FinancialStanley Druckenmiller
Carried Interest Will Not Go Away
Despite the best efforts of the White House and outspoken economists, the notorious tax loophole for the rich known as Carried Interest is still part of the tax code. The administration’s chief economic advisor, Gary Cohn, explained that the White House tried tirelessly to erase this hedge-fund loophole in the tax reform bill. Getting rid […]
Irene Tse Leaving JP Morgan to Begin Own Hedge Fund
After less than two years working at New York’s JP Morgan as chief investment officer for North America, Irene Tse, age 43, will be leaving her position to launch her own hedge fund, according to people with access to the information. Tse’s plans have not yet been announced formally. Tse’s future hedge fund will make […]