The Private Investment Fund Tax & Accounting Forum 2019 featured hand-picked renowned speakers in the industry that shared unique perspectives over the two day event in New York City including 163(j) and 199A updates.
E. George Teixeira, CPA, is a tax partner at Anchin. He is a Co-Practice Leader of the Firm’s Private Equity Group, Tax Leader of the Firm’s Financial Services Practice and a member of its Private Client Group. George is experienced in servicing the alternative investment, private equity and financial services industries. His expertise includes tax planning for high net worth individuals, investment partnerships, investment advisors, broker-dealers, venture capital companies, hedge funds (and their investors), investment partnership management companies and general partner entities. He specializes in the taxation of securities transactions and financial services companies, in addition to offering tax compliance and consulting services for a diversity of entities and individuals.
Mr. Emrich, Chief Financial Officer, Treasurer and Principal, has over 30 years of experience in private equity, real estate and investment partnerships. He is responsible for all finance, accounting, tax and risk management for Independence Capital Partners, LLC.
Prior to joining ICP, Mr. Emrich was Tax Director and Controller for the CMS Companies’ private equity/hedge funds. He was also a Managing Partner for a SEC registered investment advisor in Plymouth Meeting, PA. In addition, Mr. Emrich spent 12 years in public accounting, including 7 years with KPMG, LLP in Philadelphia. For KPMG, Mr. Emrich served the Philadelphia office’s real estate, venture capital, securities partnership and investment advisor tax clients.
Mr. Emrich is a member of the American and Pennsylvania Institute of CPAs, the Delaware Society of CPAs and the Institute of Management Accountants. He is a board member of the National Association of Real Estate Companies and a board member for The Private Equity CFO Association, Philadelphia chapter. He spent five years as an Adjunct Professor in the Drexel University Master of Taxation Program, and currently serves on the Advisory Board to the Villanova Law School Master of Tax Program. Mr. Emrich graduated cum laude from the University of Delaware with a B.S. in Accounting with Economics as a second major. He received his M.S. in Taxation from Widener University.
David Benz is a Tax Partner in Crowe’s New York office, with responsibilities for leading Crowe’s tax services related to the investment funds industry. David specializes in partnership taxation, with a heavy concentration on the alternative investment sector and is nationally recognized as a thought leader in the investment management space. He has over two decades experience in taxation of partnerships, limited liability companies, Subchapter S corporations and related offerings. David also has extensive experience relating to mergers and acquisitions. Prior to joining Crowe, David was a principal with Deloitte’s national investment management practice with responsibilities in major financial markets including New York, Los Angeles, San Francisco and other cities. David also has served in lead technical roles within the national offices of other accounting firms, as well as a partner and chair of the tax department for a law firm concentrating in the representation of private equity funds and as a senior associate attorney with a Los Angeles based law firm. David began his career as a tax consultant with Arthur Andersen, participating as a member of its national pass-through entities and real estate teams. David is a frequent lecturer and author on topics affecting the investment management community and has served as an adjunct professor for law schools and graduate schools, teaching federal partnership taxation.
Ted Dougherty is a Tax Partner in the Financial Services Practice in New York. Ted is Deloitte’s National Managing Partner for Investment Management Tax, which includes hedge, private equity and mutual funds. He also serves as the cross-functional National Leader for Hedge Funds. In these roles, Ted has led the team in assessing the impact of the new Tax Reform Act of 2017 as well as the new IRS audit rules for partnerships, and is assisting clients in the implementation of this new guidance. Ted also leads the national tax compliance program standardization program for Deloitte’s hedge fund and private equity tax practice. Ted recently ended his term on the Board of Directors for the Managed Funds Association. He has twenty-seven years experience in the public accounting profession, serving alternative asset management clients as well as a broad array of financial services clients, including broker/dealers, banks, global trading firms, mutual funds and commodity pools. Prior to entering the profession, Ted spent five years on Wall Street with two retail brokerage firms, working in the internal audit and operations functions.
Ted has a broad technical base outside the capital markets as well. With experience in individual taxation, international taxation and state and local taxation, he is able to provide his clients with a wide array of services. Ted is a frequent speaker on technical issues at industry events and has authored a number of articles on tax issues impacting the asset management industry for both external and internal publications. Most recently, he spoke about tax reform issues impacting hedge funds and private equity funds at the Foundation for Accounting Education/New York State Society of CPA’s annual conference Investment Management.
Ted earned a Master of Business Administration in Accounting from New York University and Bachelors’ degrees in Economics and Biology from Rutgers University. Ted is a member of the American Institute of Certified Public Accountants and the New York Society of CPA’s. Ted is Deloitte’s representative as a Strategic Partner with the Managed Funds Association [“MFA”], and is a regular member of the Tax Committee. He is also active with Hedge Funds Care, co-chairing the New York area grants committee, and, and working to increase the resources available to support their programs through the annual comedy night and golf and tennis outing.
Amanda H. Nussbaum is a partner in the Tax Department at Proskauer and also is a member of the Private Funds Group. Her practice concentrates on planning for and the structuring of domestic and international private investment funds, including venture capital, buyout, real estate and hedge funds, as well as advising those funds on investment activities and operational issues. She also represents many types of investors, including tax-exempt and non-U.S. investors, with their investments in private investment funds.
Isaac is a senior manager in KPMG’s New York State and Local Tax practice specializing in Alternative Investments. Isaac has more than nine years of experience in the State and Local tax area. Isaac oversees tax compliance engagements for a diverse client base within the asset and wealth management industry. Isaac specializes in rendering state and local tax advice with respect to the set-up of new funds, structuring and exiting of investments, state nexus analysis and compliance, and consulting on taxation considerations for various investors. Prior to joining KPMG, Isaac worked as a tax manager at PwC's Asset & Wealth Management practice. Isaac obtained an MBA from the Zicklin School of Business at Baruch College with a specialty in Finance and Investments and an accounting degree from CUNY Brooklyn College. Isaac is a licensed CPA in New York State.
Jill E. Darrow is head of Katten's New York Transactional Tax Planning practice. She concentrates her practice in tax planning and tax law with a focus on partnership transactions, financial services, hedge funds, commodities funds and real estate.
Jill advises clients on all aspects of tax with a concentration in the areas of financial services and real estate. Her practice covers the tax aspects of transactions involving partnerships, limited liability companies, carried interests, subchapter S corporations, regulated investment companies (mutual funds), recording and publishing ventures, real estate investment trusts (REITs), publicly traded partnerships, real estate limited partnerships, partnership tender offers, partnership roll-ups, securities and commodities funds (domestic and offshore), hedge funds and passive foreign investment companies.
She is a frequent lecturer and author on topics including taxation of real estate transactions, hedge funds and securities, and regularly speaks before industry groups, including the Foundation Research Associates and the Practising Law Institute.
Phil Gross focuses on the taxation of hedge funds and private equity funds, including domestic funds, offshore funds, funds of funds, and real estate funds. Phil counsels clients on structuring (and restructuring) funds, structuring investment managers and general partners, compensating managers and employees, investing in funds, and seeding managers or being seeded. He also advises clients on insurance dedicated funds and private placement life insurance, and other international, federal, state and local fund tax issues. He has practiced at KKWC since December 1993. Phil is a frequent speaker and author on fund tax issues. Phil has been selected as a New York Super Lawyer (2014 to present).
College of William & Mary (B.B.A., 1983); Beta Gamma Sigma. Vanderbilt University School of Law (J.D., 1986). New York University School of Law (LL.M. in Taxation, 1989). Certified Public Accountant, New York 1989. New York State Bar Association (Tax Section, Committee on Taxation of Financial Instruments). Managed Funds Association (Tax Section). New York State Society of CPAs (Taxation of Financial Products Committee). New York City Bar Association (Taxation of Business Entities Committee (former chair)). New York Tax Study Group. Tax Club.
Mr. Perry joined NGP in 2007. Responsibilities include the oversight of tax planning and preparation of tax estimates and tax returns for NGP and affiliates. He is also involved in tax planning and structuring for acquisitions, dispositions and reorganizations of domestic and foreign NGP portfolio companies.
Prior to joining NGP, Mr. Perry was with KPMG LLP. While at KPMG he served clients in the various industries including private equity firms, energy companies and real estate investment firms. His responsibilities ranged from managing engagements with small start-up companies to managing global client service teams on engagements with multinational clients.
Mr. Perry is a Certified Public Accountant and received a Bachelor of Science in 1991 and a Master of Tax Accounting in 1992 from the University of Alabama.
Laura Ross is a Tax Partner in the Financial Services Group. With 15 years of experience, she has extensive expertise in accounting and tax issues related to hedge funds, market makers, and pass-through entities and their owners. Laura signs tax returns for some of the most complicated security partnerships on behalf of the firm.
Laura frequently speaks at seminars and webinars on hedge fund taxation issues.
Steven D. Bortnick is a partner in the Tax Practice Group of Pepper Hamilton LLP, resident in the Princeton and New York offices. Mr. Bortnick focuses his practice on domestic and international tax and private equity matters.
Mr. Bortnick handles a broad range of transactions, including asset, stock, cross-border and domestic acquisitions, recapitalizations and reorganizations. He is experienced in, and a significant portion of his practice is devoted to, the structuring of domestic and international transactions. He advises business organizations on a variety of tax issues, and he is involved in the formation of private equity and hedge funds.
An active speaker and author, Mr. Bortnick has written materials and spoken for several major private equity tax conferences. Topics of his presentations include private equity, venture capital, cross-border investing, venture capital operating company issues, and merger and acquisition tax issues.
Before joining Pepper in 2007, he practiced in the New York office of Dechert LLP.
Tony is a Principal in KPMG’s Alternative Investment Tax practice. He has more than 20 years of experience in tax structuring and advisory of alternative investment clients.
Professional and industry experience
Tony is responsible for tax structuring and tax advisory services for a broad range of asset management clients including hedge funds, fund of funds, private equity and venture capital funds. Tony has worked extensively with the formation and operation of funds trading a multitude of asset classes and various strategies. He has expertise in structuring hybrid funds and non-U.S. funds investing into the U.S. markets. His proficiency extends to the operation of management companies and the design of myriad compensation arrangements.
Tony also has expertise in the taxation of financial products and complex capital markets transactions. Prior to joining KPMG, he was the leader of the financial services practice at a national public accounting firm. He also served as the global head of tax structuring at Deutsche Bank.
Publications and speaking engagements
Author of numerous tax articles and frequent speaker at national tax conferences
Ron Nardini is a partner in the tax practice group at Akin Gump Strauss Hauer & Feld LLP. Mr. Nardini advises clients in a wide range of sectors and industries on domestic and international tax matters. He focuses primarily on the formation and operation of private equity, venture capital and hedge funds and their investments, with a particular focus on health care investment funds, entertainment and cross-border intangible property transactions. Mr. Nardini also advises clients with respect to the tax matters attributable to taxable or tax-free mergers and acquisitions, sales, and/or investments in private or public ventures. In addition, he works closely with creditors of financially troubled companies on a variety of tax issues attributable to their investment, including debt restructurings, repatriation and preservation, and/or utilization of net operating losses.
Joanna Conte Director, Alternative Investment Fund Auditing
Joanna Conte is a director in Marcum LLP’s Alternative Investment Group, responsible for advising clients on the operations of investment funds as well as managing financial statement audit engagements. Her industry experience includes hedge funds, private equity funds and fund of funds.
Ms. Conte has over 19 years of experience within the financial services industry. She spent 12 years in the alternative investments auditing practice of a Big Four accounting firm and subsequently spent five years in the controllers group at AIG Inc. as a director of financial statement analytics for the company’s international operations. She has taught alternative investment concepts and practices at internal educational seminars and has authored technical articles.
Ms. Conte joined Marcum in 2016. She is a Certified Public Accountant in the State of New York.
Matthew DiBrienza, CPA, has 20 years of experience in the alternative investment industry, providing professional services to hedge funds, commodity pools, funds-of-funds and private equity funds. He comes to Weaver from KPMG, where he served as an audit partner for a variety of investment partnership structures, including domestic and offshore funds, master-feeder structures, commodity pools and funds-of-funds.
Focused on providing a full complement of financial services to his clients, Matthew also provides tax planning and organizational structure advice; he also reviews investment partnership agreements for structure, accounting and tax-related compliance. Matthew works with companies using various types of strategies and investments, such as long and short securities, debt instruments, swaps, commodities, private investments and PIPEs.
Matthew is a certified public accountant licensed in New York and New Jersey. He earned a Bachelor of Science degree in accounting from the University of Scranton and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.
Rob is a strong believer in working closely with clients and their service providers during the planning phase of an audit to alleviate any potential surprises before year-end. As the engagement progresses, Rob is always at the ready to roll up his sleeves and help tackle new or complex issues on the horizon, including addressing specific accounting treatments and offering applicable industry insights.
With prior experience in hedge fund administration and as a CPA at a Big 4 firm, Rob has spent more than 15 years working with alternative investment vehicles in numerous ways. He provides audit services to a diverse client base, including hedge funds, private equity funds, real estate funds, fund of hedge funds, offshore funds and commodity pools. Rob’s career has included managing audits for both emerging manager and multi-billion-dollar investment companies with varied investment strategies, such as leveraged/distressed credit, relative value, global macro, multi-strategy, direct lending and long/short equity. He works closely with clients on understanding their internal controls, and business processes and procedures with a focus on portfolio valuation and financial reporting.
Involved in business development, staff training and development for the Investment Industry Services Division
American Institute of CPAs
New Jersey Society of CPAs
Rob lives in Mount Olive Township, New Jersey, with his wife and two sons. An avid New York Giants and New York Mets fan, Rob also likes to get in a good run when he can, spend time with his family at the Jersey Shore and listen to 1990’s grunge rock.
Christopher Mears Partner, Asset Mangement Practice Leader
Chris is KPMG’s Asset Management Practice Leader for our Short Hills Office. As the asset management practice leader, Chris is responsible for setting the strategy for the practice and overseeing execution. He focuses the Firm’s advisory, tax and audit resources in the hedge fund market, including all activities for business and practice development, professional development, technical support, and market activity. Chris is also an audit partner in the New York metropolitan area serving several of the Firm’s alternative investments clients.
Chris has over 25 years of experience in alternative investments, with a particular emphasis on investment partnerships, offshore funds, funds of funds, commodity pools, venture capital and private equity funds. He advises alternative investment clients regarding various matters involving Generally Accepted Accounting Principles, Generally Accepted Auditing Standards, PCAOB Auditing Standards, alternative investment industry practices, transactional matters, and other regulations that may have an impact on an alternative investment fund complex. Chris has assisted alternative investment clients with matters involving operational efficiency, regulatory compliance, management reporting, performance reporting, financial management and budgeting, accounting, auditing and internal control. Chris has previously testified as an expert on accounting standards and practices in the alternative investment industry.
Prior to KPMG in July 2014, Chris served as the Principal-in-Charge of Rothstein Kass’ New York Metro Financial Services Group which includes oversight of approximately 400 audit and tax professionals. He has been an audit principal since 2000, served on Rothstein Kass’ Executive Committee and served as the firm’s Chief Operating Officer.
He is a member of the AICPA, NJSCPA and Managed Funds Association, and he is a licensed Certified Public Accountant in 3 states.
Audit Partner and US Asset Management Sector Leader
Michael Patanella Audit Partner and US Asset Management Sector Leader
Michael has been with Grant Thornton for over 17 years. He has been an audit partner for 12 years, and has served as the National Asset Management sector leader for approximately 7 years.
Michael has over 22 years of experience in public accounting, and extensive expertise working with private and public companies. He oversees asset management industry strategy and business development in the firm’s primary US markets, including New York, Connecticut, Chicago, Boston, San Francisco, Florida, Dallas, and Philadelphia.
Michael is a critical resource for the firm, and is recognized as an industry expert for accounting, auditing, financial reporting, internal control, risk management, regulatory, and operational issues impacting alternative investments. His former and current clients include hedge funds, fund of funds, private equity funds, clearing and introducing brokers, mutual funds, exchanged-traded funds (ETFs), unit investment trusts (UITs), public global diversified holding companies, registered investment advisors and other alternative investment vehicles.
Michael received a bachelor’s degree in business administration in accounting from St. Joseph’s College in New York. He is licensed in New York, New Jersey and Connecticut.
Erica England serves as Redwood Real Estate Administration’s Chief Accounting Officer, where she is responsible for setting accounting policies and for all aspects of the accounting services that are provided to Redwood’s 100+ valued clients with a focus on delivering expert, personal service. With 13 years of experience in the private equity industry, Erica has helped to grow Redwood substantially, providing expert accounting advice and guidance to its expanding client base, and mentoring a growing team of dedicated accounting professionals.
Prior to Redwood, Erica served as the Chief Compliance Officer and Controller of JCR Capital, where she was responsible for the financial management and compliance programs for of the firm’s private equity real estate funds and corporate entities.
Erica has worked in the private equity industry since 2006. It was then that she joined the Carlyle Group as a Senior Accountant and managed the accounting and investor reporting for 15 global private equity fund entities. She also served as a Corporate Accounting Manager at Carlyle where she oversaw the financial management of all U.S. operating entities.
Prior to joining Carlyle, Erica worked as a C.P.A. for Gabler Molis & Company C.P.A.s, P.A. Erica holds a BS in Business Administration and Management from Boston University and has held her C.P.A. license since 2003.
Robert N. Gordon is the president of Twenty-First Securities Corporation, which he founded in 1983.
Since 1991, Mr. Gordon has also served as an adjunct professor at New York University’s Graduate School of Business, teaching one course on “Arbitrage” theories and another titled "Taxes and Investing".
Mr. Gordon is the author of Wall Street Secrets for Tax Efficient Investing. He has published many articles on tax, arbitrage and hedging strategies. He serves on the editorial advisory boards of Derivatives Report, The Journal of Taxation and Investments and The Journal of Wealth Management. Mr. Gordon is a Forbes contributor and is routinely quoted in the popular press on investing topics.
Before founding Twenty-First Securities, Mr. Gordon was a partner at Oppenheimer & Company. He has been in the brokerage business since 1976.
Yaakov Tambor is a Tax partner in the financial services practice in the New York office of RSM US LLP. His experience encompasses the entire alternative investment industry including hedge funds, fund of funds, private equity groups, venture capital funds, investment advisors and their related entities.
He advises clients on all aspects of tax planning and compliance for alternative investments, their related entities, as well as individual tax planning. Yaakov also works with clients on the tax implications of various types of securities transactions, establishing offshore entities, and related foreign tax issues.
In addition, he advises CFOs and principals on start-up structuring, day-to-day trading, the taxation of securities transactions, derivatives, hedging techniques and other issues.
Yaakov is the Chair of the NYS CPA Society Financial Service Committee on Taxation.
Professional affiliations and credentials
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Mark H. Leeds is a Tax Transactions & Consulting partner in Mayer Brown's New York office. His practice is focused on the tax consequences of a variety of capital markets products and strategies, including over-the-counter derivative transactions, swaps, tax-exempt derivatives and strategies for efficient utilization of tax attributes—such as net operating losses.
Mark advises on the tax aspects of capital markets, structured finance, derivatives, financial products and insurance transactions and has extensive experience working with both buyers and sellers to develop and structure complex derivatives. A significant portion of his work involves the taxation of financial products and trading strategies engaged in by banks and other financial market participants. He also advises on hedge fund and other investment vehicle formation matters.
Mark is a former managing director and senior tax counselor with Deutsche Bank in New York. He also served as the general counsel of a credit derivative company and was a partner at Deloitte & Touche, where he led the capital markets tax practice.
A frequent writer and speaker on tax topics affecting the capital markets, Mark is also the editor-in-chief of the monthly publication Derivative: Financial Products Report.
KEVIN MATZ is a Partner in both the Private Client Services Group and the Family Office Group at the New York City law firm of Stroock & Stroock & Lavan LLP, where his practice is principally devoted to domestic and international estate and tax planning, family office services, estate administration and related litigation. Kevin earned his J.D. from Fordham University School of Law (where he was a Notes & Articles Editor of the Fordham Law Review) and his LL.M. in Taxation from New York University School of Law. He is a Fellow of the American College of Trust and Estate Counsel (“ACTEC”), Co-Chair of the Taxation Committee of the Trusts and Estates Law Section of the New York State Bar Association, and the Chair of the UJA-Federation of New York’s Trusts and Estates Group. Kevin is also a certified public accountant, in which connection he is currently the Treasurer and Secretary of the New York State Society of CPAs, a former chair of its Estate Planning Committee and a past President of the New York State CPA Society’s Foundation for Accounting Education. Kevin has published extensively as an author, and has helped to draft a multitude of comment letters (including on Qualified Opportunity Funds and Opportunity Zones) for ACTEC, various bar associations and the New York State Society of CPAs. Mr. Matz may be contacted at 212-806-6076 or email@example.com.
Gary Berger is an audit partner at CohnReznick LLP and serves as the Northeast Financial Services Industry Leader. Based in the Firm’s New York office, he is extensively involved in the Firm’s Financial Services practice and has more than 30 years of experience serving domestic and offshore hedge funds, private equity funds, venture capital funds, and fund of funds.
Gary provides advice on fund start up issues including organizational structure, economic and tax issues, seeding arrangements, and general business consultation. He serves as a relationship manager on numerous clients and is responsible for coordinating, managing and performing audit services of funds.
Gary is a frequent speaker at financial services conferences and seminars. He has presented on numerous industry topics including, how to launch a hedge fund, valuation and fair value of investment portfolios, organizational and tax issues associated with investment partnerships, opportunity zones, and accounting and technical issues for investment partnerships.
Prior to joining CohnReznick, Gary headed up the hedge fund practices nationally for KPMG and Rothstein Kass.
Joshua Blumenthal is an audit partner of CohnReznick’s Financial Sponsors & Financial Services Industry Group. He has more than 20 years of experience providing audit and other attestation services to the alternative investment industry, including hedge funds, private equity funds, venture capital funds, and fund of funds.
Josh is responsible for coordinating, managing and performing audit services for alternative investment vehicles. He provides guidance on fund structuring, fee allocations, seeding arrangements, best practices as well as reviewing and commenting on fund offering and governing documents.
Joshua started his accounting career at Rothstein Kass in October 1998 and worked his way up through the ranks to become partner in July 2006. He joins CohnReznick from KPMG LLP where he was an audit partner since July 2014, when Rothstein Kass was acquired by KPMG.
Josh graduated from the University of Arizona with a Bachelor of Science, Business Administration degree in Accounting and Finance. He also graduated with an Associate of Science degree in Accounting from the County College of Morris, New Jersey.
Dale provides assurance services to registered funds, alternative funds and broker dealers in New York. Dale has more than 23 years of experience managing multiple audit engagements covering a wide range of asset management companies including business development companies, closed-end funds, hedge funds, private equity funds, mutual funds, registered investment partnerships, and investment advisers.
He leads teams of audit, information technology, tax, and valuation professionals in planning and executing internal control assessments and account balance procedures to address client-specific risk factors. He also advises senior executives on internal controls, accounting and reporting principles, regulatory matters, and industry developments. He has provided guidance to investment advisers on accounting, structuring and regulatory matters impacting their products as well as their advisory businesses.
Dale is an active contributor to BDO Thought Leadership publications on topics of importance to investment managers and funds. He is also a member of the AICPA Expert Panel – Investment Companies and serves as a technical resource to BDO’s National Asset Management Practice. Prior to joining BDO, Dale served as the Chief Financial Officer of a multibillion dollar investment company and was a partner at a Big Four accounting firm.
Partner and Chair of Investment Management Practice
Paul Foley Partner and Chair of Investment Management Practice
Paul Foley focuses his practice on securities and corporate law, with a particular focus on investment fund formation, investment adviser regulation, securities enforcement, and corporate representation, including mergers and acquisitions. He represents investment advisers, hedge funds, mutual funds, private equity funds, venture capital funds, funds of funds, institutional investors, broker-dealers, financial institutions and other entities with regard to complex federal and state securities regulatory matters.
Paul advises clients on investment fund formation and has assisted fund managers with fund offerings totaling billions of dollars. He counsels clients on structuring, forming, and offering investment funds, including hedge funds, mutual funds, private equity funds, venture capital funds, funds of funds, and real estate funds. Paul also provides fund managers with ongoing advice regarding investments, transactions, compliance, and securities law matters, including applicable federal and state investment adviser registration requirements.
He has extensive experience representing institutional and retail investment advisors with regard to various securities, compliance, and business matters, including drafting and reviewing investment advisory agreements and other material contracts, developing and implementing customized compliance policies and procedures, mergers and acquisitions, and registration on Form ADV.
Paul has conducted internal investigations and advised clients in regards to examination and enforcement-related inquries and investigations by the SEC, self regulatory organizations, and state agencies.
Paul often serves in a general counsel role for private companies and coordinates the outsourcing of legal services for other practice areas such as litigation, intellectual property, real estate, tax, environmental, and employment law.
Ben Wasmuth Senior Manager, Washington National Tax
RSM US LLP
Ben is a member of RSM’s Washington National Tax (WNT) office. As a member of WNT, Ben consults on partnership, financial products and international tax issues, contributes to RSM’s library of writings, and serves as an instructor for RSM’s national tax training programs, all with an eye towards serving the alternative investments industry.
Before joining WNT, Ben was part of RSM’s Financial Services team, providing tax compliance and consulting services to hedge funds, fund of funds, broker-dealers, commodity pools, proprietary trading groups and family offices. He advised clients on various tax and accounting matters, including organizational structure, tax allocations, available trading-related elections, special tax characterization rules and various international taxation issues.
Prior to joining RSM, Ben served as an Internal Revenue Agent with the Internal Revenue Service, Small Business/Self-Employed Division. In this position, Ben conducted examinations of a wide variety of business entities to ensure compliance with all aspects of the federal tax laws.
Professional affiliations and credentials
Certified Public Accountant, Illinois and Michigan
American Institute of Certified Public Accountants
Master of Science, accounting, University of Florida
Bachelor of Science, accounting, University of Florida
Steve is a Tax Partner in the State and Local Tax practice in New York. Steve has a broad range of experience specializing in asset management clients including private equity funds, hedge funds, fund of funds, and investment advisors. Steve advises clients on state and local planning regarding organizations, structuring and complex transactions. Steve also leads the technology and innovation strategy for the state and local tax practice and has extensive experience streamlining the state compliance process and managing real-time data for state tax planning, modeling and forecasting. Steve has over 13 years of experience in the financial services industry. Steve has a Bachelor of Business Administration from Boston University Questrom School of Business.
Eric Wagner chairs the firm's Corporate Department. Eric focuses his practice on the financial services industry, specializing in advising both start-up and seasoned private investment funds, SEC registered investment advisors, family offices, commodity pool operators and commodity trading advisors on regulatory and strategic issues related to their formation, operation and investments. He has extensive experience in structuring management company ownership agreements and seed capital arrangements, as well as advising clients with respect to marketing agreements, employment matters, and general securities matters.
Eric has been named a Leading Lawyer for Investment Funds: Hedge Funds by IFLR1000 - The Guide to the World's Leading Financial Law Firms.
New York University School of Law (J.D., 1995)
New York University Review of Law & Social Change, Staff Editor
Marshall serves clients in the financial services, manufacturing & distribution, and employee benefit plan industries. With over three decades of experience in public accounting and consulting, he has also facilitated SEC reporting and IPOs for numerous clients.
Marshall’s experience with private investment partnerships, hedge funds, venture capital and private equity entities includes traditional audit and tax services and various consulting and advisory services including assistance with entity formation, capital and fee structure alternatives and issues related to offshore accounting and tax services. His audit experience includes more than 60 employee benefit plans with total combined plan assets exceeding $1 billion, including a variety of plan types such as 401(k), 403(b), ESOP, profit sharing, defined contribution, defined benefit, ESOP and welfare plans.
Marshall also has previous audit and advisory experience in the financial institutions and healthcare industries..
Jean-Paul Schwarz is a tax principal. He specializes in services to financial institutions. Jean-Paul has more than 30 years of experience providing a variety of tax services in the domestic and international tax area.
Jean-Paul successfully manages tax strategies for hedge funds, private equity funds, venture capital firms, mutual funds, passive foreign investment companies (PFIC), management companies, general partners, broker dealers, and securities firms. He works with his clients to assist in the structuring of funds, identify and implement tax saving opportunities, and works closely with the top management of organizations on their individual tax planning. Jean-Paul also provides tax accounting services, including financial statement disclosures and representation of clients before tax authorities for tax controversy issues.
Master in Business Administration, Institut d’Etudes Politique de Paris
Juris Doctor, Loyola Law School
Master of Laws, Taxation, New York University School of Law
Admitted to both the New York and California State Bar
New York State Bar
California State Bar
New York State Society of Public Accounting (NYSSCPA) associate member