Senate Holds Hearing Today on Partnership Carried Interest

The Senate Finance Committee holds a hearing today on Carried Interest, Part II at 10:00 a.m. in 215 Dirksen Senate Office Building.  Here are the witnesses scheduled to testify:

• Charles Kingson (Professor, University of Pennsylvania Law School)
• Adam Ifshin (President, DLC Management Corp., New York)
• Joseph Bankman (Professor, Stanford Law School)
• John B. Frank (Managing Principal, Oaktree Capital Management, Los Angeles)
• Bruce Rosenblum (Managing Director, The Carlyle Group, Washington, D.C.)
• Bill Stanfill (Partner, Silver Creek Technology Investors, Denver)
• Darryll Jones (Professor, Stetson University College of Law)

The witness statements will be available here later today.  In the meantime, Darryll sent me an advance copy.

See the testimony from the July 11 Senate Finance Committee hearing on Carried Interest, Part 1, blogged here.  In connection with that hearing, the Joint Committee on Taxation released Present Law and Analysis Relating to Tax Treatment of Partnership Carried Interests (JCX-41-07).