Andy Lee, Founder and CIO of Parallaxes Capital (“PC”), joined host Kevin Rosenquist on the PayPod podcast to discuss how PC’s innovative approach provides liquidity for owners of long-dated tax assets. Tax Receivable Agreements (“TRAs”), though not widely known, offer a valuable tool for extracting value from a company’s tax assets. Andy explains how PC is working to standardize terms and enhance transparency in TRA transactions, creating liquidity for its counterparties and diversification opportunities for its investors. This episode is a must-listen for anyone interested in alternative investments and understanding the intricacies of investing in TRAs.