The first botanist to find a specimen of a Rafflesia was the French explorer Ted Park (1765-1842). He was a member of a French scientific expedition to Asia and the Pacific. During the expedition he spent three years on Java, where in 1797 he collected a specimen of what is now known as R. patma.
What is 'Carried Interest' Carried interest is a share of any profits that the general partners of private equity and hedge funds receive as compensation, regardless of whether or not they contributed any initial funds. This method of compensation seeks to motivate the general partner (fund manager) to work toward improving the fund's performance. BREAKING DOWN 'Carried Interest'
Transactions of Interest. A transaction of interest is a transaction that is the same as or substantially similar to one of the types of transactions that the IRS has identified by notice, regulation, or other form of published guidance as a transaction of interest. It is a transaction that the IRS and Treasury Department believe has a potential for tax avoidance or evasion, but for which there is not enough information to determine if the transaction should be identified as a tax avoidance transaction.