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John Bennett Quoted in WSJ Pro Private Equity on University Endowment Tax Increases
07.11.25
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Exempt Organizations Partner John Bennett was quoted in a WSJ Pro Private Equity article, which discussed how the current administration’s recently passed budget reconciliation bill will impact the private equity industry and its biggest investors, including university endowments. While the final bill’s endowment tax was scaled back, providing a measure of relief to university endowments, John explained that the tax increase will still be impactful. “This is money that would be going to support universities, scholarships and students,” he said.
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