A new coalition of small and mid-sized firms have joined the private equity debate, opposing a tax increase for fund managers that they say will hurt diversity and the small, entrepreneurial firms they own. The group, Access to Capital Coalition, which includes minority- and women-owned firms, aims to show Congress how the House bill affects another side of the private equity industry, the small and middle-sized firms, said Samuel Boyd Jr., president and CEO of the National Association of Investment Companies (NAIC), a founding member of the group. Small and middle-sized firms represent the lion’s share of the alternative investment market, which includes hedge funds,… Read More