James R Brown has rejoined law firm’ Ropes & Gray’s tax practice as a partner in New York.
Brown (pictured) previously practiced at Ropes & Gray for 15 years. He rejoins the firm from Willkie Farr & Gallagher in New York, where he was a partner and co-chair of the tax department.
Clients will benefit from Brown’s more than 25 years of experience as he provides broad-based tax support for hedge funds, private investment funds, and regulated investment companies. He regularly advises fund sponsors on tax structuring and operational issues relating to these funds, including the taxation of registered and unregistered investment funds. He also counsels clients on mergers and acquisitions, recapitalisations, joint ventures, and other types of transactions involving funds, their portfolio investments and their sponsors.
Recently, Brown has acted as special tax counsel to Ares Capital Corporation and Ares Management in the acquisition of American Capital; served as special tax counsel to Eaton Vance in the launch of NextShares; and advised Ivory Investment Management in its partnership with Affiliated Managers Group.
“We could not be more pleased that Jim has decided to return to Ropes & Gray, as he has extensive experience that will allow us to provide additional depth of service to our asset management clients,” says partner Elaine B Murphy, head of Ropes & Gray’s tax practice. “Jim is an important addition to the firm as we work to meet the increasing demand for tax advice in the hedge fund, mutual fund and private investment fund sectors.”
“I have always had the deepest respect for Ropes & Gray, and I am excited to return to such a dynamic firm that has really made a name for itself in New York,” says Brown. “The skill of the attorneys in this group is second-to-none, and I look forward to working closely with the firm’s award-winning asset management practice to serve our clients’ needs.”