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Original article source: Inflation is up 20% since Biden took office. Show comments. Advertisement. Advertisement. In Other News. Entertainment. Entertainment. People.
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Carried interest, or carry, in finance, is a share of the profits of an investment paid to the investment manager specifically in alternative investments ( private equity and hedge funds ). It is a performance fee, rewarding the manager for enhancing performance. [3] Since these fees are generally not taxed as normal income, some believe that ...
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