Chris Witkowsky
TA Select Opportunities Fund, which will pick up stakes in companies its main fund is selling, won’t charge a management fee and will instead collect fees from portfolio companies.
New firms are leveraging increased LP appetite for co-investment to entice investors and boost firepower, according to research by sister title buyouts.
The bill goes after carry and interest deductibility and would make firms liable for employee pensions.
Navab had left KKR in 2017 and was set to launch a $3bn debut fund for Navab Capital.