Clifford Chance has today announced that US tax specialist Kevin Colan will join its US Tax, Pensions & Employment (TPE) practice as a partner in its New York Office. Colan brings to the firm more than 20 years of experience advising on US tax issues across complex international transactions for financial investors, sponsors and corporates. He has worked across a range of sectors including Funds & Investment Management, Sovereign Wealth, Healthcare and Private Equity. Colan comes to the firm from Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York.
The US TPE head David Moldenhauer says, “In an environment where clients seek to keep on top of the risks and opportunities arising from changes in the law, we are seeing growing demand for guidance on critical tax issues. Kevin’s arrival follows last year’s appointment of partner Paul Seraganian to the team and builds on our ambition to provide first-class advice to domestic and international clients.”
Colan comments, “I’m extremely excited to be joining this truly global network, and to have the opportunity to work with such a dynamic, accomplished and ambitious team. I am looking forward to contributing to the firm’s ongoing growth in the Americas and delivering value to our clients worldwide.”
Clifford Chance’s US TPE practice consistently advises on headline transactions across the Americas and globally, as part of the firm’s market-leading international tax group. Recently, the group advised DigitalBridge Group Inc. on a portfolio sale to global investment manager Fortress for US$535 million, private equity firm Cinven on an agreement with Bayer AG to acquire its Environmental Science Professional (BESP) business for US$2.6 billion, private equity firm Ardian on the US$525 million strategic acquisition by its investee company, The Dedalus Group, of DXC Technology’s healthcare software provider business; global alternative investment manager Mercer on the successful fundraise of Mercer Private Investment Partners VI (PIP VI), with more than US$4.8 billion in total commitments, Corporate Property Associates 18 Incorporated (CPA:18 – Global) on its proposed US$2.7 billion merger with W. P. Carey Inc., ground leasing firm iStar on its US$1.6 billion merger with Safehold, and alterDomus, and its private equity sponsor Permira, on a series of strategic acquisitions in the United States making alterDomus one of the top three largest private asset services providers for US alternative asset managers (~US$1 trillion AUM).
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