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Mitchell Goes To Washington
Vivo blog
By Tom Salemi
July 9, 2007
Tip of the cap to today's PE Week Wire (can't link to an email
but go to PE Hub) for this one. Familiar face Kate Mitchell, managing
director at Scale Venture Partners (formerly BA Venture Partners),will
be representing the PE industry Wednesday at a congressional hearing
on the proposed carried interest legislation.
While she primarily invests in software and business services companies
she's also walked within life sciences circles from time to time,
including investments in Acusphere and Songbird.
The very personable Mitchell serves on the board of directors of
the National Venture Capital Association. Also testifying before
the Senate Finance Committee will be representatives from Treasury,
the SEC, the Congressional Budget Office and Mark Gergen, a University
of Texas Law School professor, who, according to PE Week Wire, will
argue in favor of taxing carried interest at 35% rather than 15%
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