Tax efficient ways to roll acquisition fees into equity?

Are there any tax efficient ways to roll acquisition fees paid at close into equity, without paying ordinary income? Is there a structure or way to assign equity without it being counted as income?

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There is one way I can think of, but it is not so clean. Say your acquisition fee is $1M. You could create a new class of units with a nominal value in the LP (1 class B unit at $10) that would mimic the economics of the units holders that are putting real cash equity. Essentially a carried interest… say the class A unit holders are expected to double their money in 5 years then you would expect your B unit to be worth $2M.

 
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