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Message: RE: uvagrad:

Nov 16, 2007 02:55PM
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Nov 18, 2007 04:51AM

Way beyond my expertise, but my understanding is that many private equity/VC funds pay the 15% tax rate on both cap gains and ordinary income ("carried interest").

I've no idea if Swartz's fund has losses against which to offset PTSC gains, but if they do, it would be logical to sell enough PTSC to soak up those losses.

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Nov 18, 2007 05:15AM

Nov 19, 2007 03:39AM
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