We’re excited to announce the release of Withum’s 2025 Emerging Manager Guide, a comprehensive resource designed to support fund managers at every stage of launching and scaling an investment advisory business.
Download the GuideWe invite you to download the latest edition and leverage it as a roadmap as you continue growing your firm.
Revenue Ruling 2026-20 and Notice 2026-62 address certain exchange-traded fund (ETF) and tax-aware investment fund strategies, including transactions involving Section 351 contributions. The ruling addresses an investor that, as part of a plan, contributes a diversified portfolio of appreciated securities to a newly formed ETF in an exchange intended to qualify under Section 351. Under…
Overview Recent pressure in private credit provides an important lesson for private equity managers: market signals can move materially faster than quarterly valuation processes. The issue may be particularly acute in software, where AI can alter competitive positioning, customer retention, pricing power and expected growth within a matter of months. Fund managers that establish a…
On September 28, 2026, the Treasury Department and the IRS issued Revenue Ruling 2026-20 and Notice 2026-62. Together, the guidance targets selected exchange-traded fund (ETF) redemption structures and tax-aware investment strategies that the government believes use nonrecognition, timing or character rules to obtain tax results consistent with the purpose and proper application of those rules….
