| 23.12.2008 Opalesque Exclusive: By year end, U.S. hedge fund managers need to decide whether to retain performance fee structure for non-U.S. funds |
| Ethan W. Johnson of Morgan, Lewis & Bockius LLP is reminding U.S. hedge fund managers operating offshore vehicles on an important deadline. U.S. hedge fund advisers have long enjoyed the ability to defer receipt of fees from offshore hedge funds and only pay U.S. income tax on those fees (plus accrued appreciation on the deferred fees) in the future. This deferral allowed the fees to be rei |
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