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The structuring of a private equity fund affects its ultimate return. A poorly structured fund or investment can cause tax leakage for investors and create undue burden for members of the management team who receive carried interest.  Private Equity International's new publication, Tax-Efficient Private Fund Structuring, is a comprehensive and highly practical guide on tax planning for private equity funds established in the UK, investing in UK assets or having limited partners based in the UK, with input from relevant key jurisdictions in Europe.  Edited by Jenny Wheater of Duane Morris, with lead contribution by SJ Berwin, this guide systematically identifies and analyses the tax issues at the fund level, the fund manager level and investor concerns. Importantly, new regulations such as FATCA and the proposed financial transaction tax (FTT), both of which demonstrate the rapid globalisation of tax law generally, are discussed.