Some links to kick off your Wednesday:
* If Charlie Rangel plans to use private equity profits as a patch for AMT, what happens if returns come in below his expectations? Perhaps subsidies for big buyouts?
* Dubai buys into Och-Ziff. Here’s more.
* Paul Kedrosky is at the other Davos.
* The New York State Common Retirement Fund plans to up its communitment to emerging managers to $1 billion over the next several years.
* VC-backed ZipCar plans to merge with FlexCar. Here is more.