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/PRNewswire/ Tax Receivable Agreements ("TRAs") have been in existence for thirty years, but only recently has the monetization of TRAs seen substantial.
About a dozen companies planning to go public via an IPO or SPAC are planning on using tax receivable agreements, which are now a $30 billion market, according to Parallaxes Capital.
/PRNewswire/ Parallaxes Capital Management ("Parallaxes") is an alternative asset manager and, since 2017, has raised four funds dedicated to Tax Receivable.