Roll Call Chamber Music
September 26, 2007
Washington DC
September 26, 2007
By Kate Ackley and Brandace Simmons,
Roll Call Staff
A Not-So-Private Fight. Private equity and hedge fund clients, who until this year cut a sleepy profile in town, continue to sign up lobbying talent, according to public disclosures. The latest beneficiary of the K Street business boom, all spurred by Congressional proposals to revamp the taxes paid by these big-money companies, is McKenna Long & Aldridge.
The firm’s Mac Campbell, a former tax counsel to Senate Finance member Blanche Lincoln (DArk.), and Joseph Dowley, who previously served as chief counsel of the tax-writing House Ways and Means Committee, have registered to lobby on behalf of the Washington, D.C.-based Carlyle Group.
The lobbyists will focus on tax legislation including bills that would increase the taxes paid on “carried interest,” the portion that financial firms and other partnerships pocket after deals earn a profit.