Explore Parallaxes Capital’s featured news articles on Page 2 and learn about the latest developments at Parallaxes and the Tax Receivable Agreement market.
Parallaxes Capital CIO Andy Lee joined Ted Seides on the Capital Allocators Podcast to discuss his background and path to the hidden gem of TRAs. Andy covers the basics of a TRA, rationale for their use, and drivers of return and risks. He also provides insight on Parallaxes Capital’s investment process, team, the future of… Continue reading Parallaxes Featured on the Capital Allocators Podcast
When news began to spread that Silicon Valley Bank was facing a bank run, asset owners went into triage mode.
NEW YORK CITY, Feb. 28, 2023 / PRNewswire / – Tax Receivable Agreements (“TRAs”) have been in existence for thirty years, but only recently has the monetization of TRAs seen substantial growth. Against this market backdrop, Parallaxes Capital (“PC”) just released the second edition of its whitepaper, “Demystifying TRAs,” to enhance awareness and understanding of… Continue reading 2023 Whitepaper: Demystifying TRAs
Parallaxes Capital CIO Andy Lee and General Counsel Saish Setty joined Peter Washkowitz to discuss Carvana’s potential bankruptcy saga, the implications of Carvana’s Tax Receivable Agreement (“TRA”), and who at Carvana might benefit from the $1.6bn TRA liability. Listen on Spotify: https://lnkd.in/eHNDnWDv Listen on Apple: https://lnkd.in/eW5FHiwM Listen on Soundcloud: https://lnkd.in/eVg7Bhyp See below for a full transcript of their… Continue reading Parallaxes Featured on the Reorg Podcast
A New, Esoteric Royalty Market Is Poised to Take Off
Carvana tax maneuvers draw attention to $1.6B TRA asset that could give Garcias leverage in potential restructuring. To read more, click on this link to view the article
December 7, 2022 – Parallaxes Capital CIO Andy Lee participated in The Association of Asian American Investment Managers’ (AAAIM) Emerging Manager Spotlight event. Lee shared the Parallaxes story and investment strategy, ‘Shark Tank’ style. For those who missed it, here were our main takeaways from the event:
On September 14, 2022, Parallaxes Capital General Counsel Saish Setty conducted a seminar on Tax Receivable Agreements (“TRAs”) for the Practicing Law Institute (“PLI”). The seminar provided background on the transactional context in which TRAs arise, how TRAs work, and the expected tax treatment of the holder and issuer of a TRA. The seminar also… Continue reading Tax Receivable Agreements: Mechanics and Market Considerations
A shareholder of the Carlyle Group, a private equity firm formerly led by Youngkin, alleges in a new lawsuit that a 2020 deal enriched executives at the expense of cops and firefighters.
Parallaxes Capital CIO Andy Lee was a panel speaker at the Association of Asian American Investment Managers’ (AAAIM) Virtual 2020 Event where he shared how he has navigated the investment management field and successfully raised a fund before turning 35.
