House tax bill would be `game changer’ for PE: TorreyCove’s Fann

House of Representatives, tax reform, legislation, private equity, TorreyCove
Photo courtesy of tooth wheel mechanism with tax reform letter imprinted courtesy of EtiAmmos/iStock/Getty Images
  • House voted late Monday to go to conference on its tax bill
  • Pension plans subject to UBTI under House bill
  • Next year will be a busy year for M&A: Fann
Pending tax changes could have a profound effect on leveraged buyouts, David Fann, president and CEO of TorreyCove Capital Partners, told a conference. The House of Representatives voted late Monday to go to conference on its tax bill, which includes ...

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