This newsletter briefly highlights certain tax issues and planning that fund managers and high-net-worth individuals should consider (or reconsider) before and shortly after the end of 2024. With Republicans winning control of the Presidency, House and Senate and lower expectations that taxes will be increased in 2025, there is less urgency to plan for year-end…
ZACHARY ZAMORE
ASSOCIATE
Zachary Zamore advises clients on various tax considerations in connection with the formation and operation of private equity funds and hedge funds and other investment partnerships and managed investment arrangements. He also advises clients on the tax aspects of transactional matters such as acquisitions, dispositions, joint ventures and co-investments. Zac advises sponsors of private funds and advises investors, including sovereign wealth funds, funds-of-funds, public pensions, and family offices.
Practices
Education
New York University School of Law (LL.M., 2019)
The George Washington University Law School, (J.D., 2018)
Honors Graduate / Thurgood Marshall Scholar
Lafayette College, (B.A., 2009)
Bar Admissions
New York, 2020
Insights
Tax Issues and Planning to Consider Before and After Year-End 2024
December 5, 2024Client AlertsCertain Fund Managers May Be Required to File TIC Form SHL by August 30, 2024
August 7, 2024Client AlertsFund managers may be required to file Treasury International Capital (“TIC”) Form SHL, Report of Foreign-Residents’ Holdings of U.S. Securities, Including Selected Money Market Instruments (SHL (2024)) by August 30, 2024, based on the fair value (determined as of June 28, 2024) of certain U.S. securities issued to foreign persons. This client alert focuses on…
What Fund Managers Need to Know about the Recent Changes to the QPAM Exemption under ERISA
August 5, 2024Client AlertsThe U.S. Department of Labor (the “DOL”) recently amended the qualified professional asset manager (“QPAM”) exemption. The QPAM exemption is commonly relied on by fund managers that manage “plan assets” either through separately managed accounts or funds that exceed the 25% benefit plan investor test. If a manager is a QPAM, then certain transactions that…