Private equity fund managers are beginning to be concerned that they may lose their tax break on carried interest as lawmakers in Washington again debate tax reform.

A new survey of private equity managers by accounting and consulting firm BDO USA found that 14 percent of the general partners at PE firms surveyed identified the impact of tax burdens on private equity, including the proposed increased tax on carried interest, as the most significant challenge facing private equity firms in 2013. Pricing also ranked among the top concerns, with 15 percent of fund managers identifying it as the primary challenge in the year ahead.

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