| http://www.w3.org/ns/prov#value | - The tax strategy used by Bain and other firms to convert management fees ??? the compensation normally taxed as ordinary income ??? into capital gains is known as a ???management fee waiver.??? The strategy is widely used within the industry: 40% of the 35 buyout firms based in the United States surveyed in 2009 by Dow Jones said their partners used at least some of the firm???s fees to make inves
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