Proskauer Rose LLP’s transactional tax team has considerable experience handling the full spectrum of corporate and financial taxation matters, with particular strength in the fund formation space. The group is also notably active in the sports sector, recently advising Major League Soccer on several issues, including the signing of soccer legend Lionel Messi by Inter Miami CF. Amanda Nussbaum, with considerable expertise structuring taxable and tax-free M&A, real estate transactions, and capital markets offerings, as well as in sports tax matters, heads the practice in New York. David Miller, also in New York, has broad experience encompassing the taxation of derivatives, private equity and hedge funds, lending transactions, multinational mergers, and workouts, among other issues. Scott Jones in Boston focuses on tax planning for private equity fund managers in relation to fundraising and internal organization matters. He also advises domestic and international investors on investments in venture capital, buyout, and hedge funds. Arnold May and Jeremy Naylor, both in Boston, are well known for advising fund managers and fund sponsors, respectively. Jamiel Poindexter, also in Boston, handles matters involving venture capital, buyout, and secondary funds, as well as other investment partnerships. Alan Parnes retired in April 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team offers breadth of experience, knowledge and practical guidance.'

  • ‘Amanda Nussbaum is excellent. She is always available, responsive, extremely knowledgeable and practical in her guidance. We rely on her almost exclusively for tax advice.'

Key clients

  • Adams Street Funds
  • Almanac Realty Investors, LLC
  • Angeleno Group
  • Apollo S3, Blackstone Strategic Partners and Five Arrows
  • Arbour Lane Capital Management
  • abrdn Inc.
  • DFW Capital Partners
  • The Firmament Group
  • Intapp, Inc.
  • JMI Equity
  • Major League Soccer
  • MGG Investment Group LP
  • Newbury Partners
  • New Enterprise Associates Inc.
  • Owl Rock Capital Corporation
  • Pacific Lake Partners
  • Strategic Partners Fund Solutions
  • TGL Golf Holdings LLC / TMRW Sports
  • Women’s Tennis Association (WTA)
  • 32 Equity

Work highlights

  • Advised Major League Soccer, L.L.C. (MLS) on three deals this year: the signing of soccer icon Lionel Messi, the formation of Leagues Cup, and the League’s expansion to San Diego.
  • Advised Ares Management Corporation on the closing of its latest fund, Ares Sports, Media and Entertainment Finance.
  • Advised longtime client New Enterprise Associates on the formation and closing of two funds – New Enterprise Associates 18, L.P. and NEA 18 Venture Growth Equity, L.P. – which totaled over $6.2 billion.

Lawyers

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Leading lawyers
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Amanda Nussbaum

Other key lawyers

David Miller, Scott Jones, Arnold May, Jeremy Naylor, Jamiel Poindexter, Martin Hamilton, Janicelynn Park