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29 June 2018 Establishing a first-time fund raises complexities Before establishing a new fund, you should consider the issues around commercial proposition, tax position and the importance of selecting advisors early in the process. Also, give yourself an advantage by having a clear plan from the start, anticipating the critical questions you’ll need to answer and having a more informed, more holistic approach. Paul McCartney, Transaction Tax partner at Ernst & Young LLP and Alex Pope, Director within the Transaction Tax and Funds Advisory team at Ernst & Young LLP, provide details. Document ID: 2018-5815 |