Steven A.Richman
Partner
Tax
srichman@seyfarth.com
A tax attorney by training and a business attorney by practice, Steven represents institutional investors and business clients.
More About Steven
In the investment arena, Steven serves as investment counsel to institutional investors such as large public pension funds, private pension funds (large and small), endowments and foundations, and family offices. In that role, Steven represents clients in connection with their investments in private equity (both traditional private equity and real estate focused opportunities), hedge funds, direct equity, separate accounts, club deals, fund of funds, and other pooled investments. The investments cover all sectors and include both domestic and off-shore transactions.
As a business counselor, Steven advises clients through the business life cycle, from choice of entity, through capital raise and growth phases (including various commercial transactions) and finally the implementation of an exit strategy. Through that process Steven assists clients with preparing for, designing, negotiating, and executing tax optimized business strategies and transactions. For some clients, he serves as de facto outside general counsel, providing guidance on day-to-day issues as well as on extraordinary corporate transactions. With a strong tax background, Steven regularly works with clients to navigate the intersection of business practicality and the intricacies of corporate and partnership taxation.
As a business counselor, Steven advises clients through the business life cycle, from choice of entity, through capital raise and growth phases (including various commercial transactions) and finally the implementation of an exit strategy. Through that process Steven assists clients with preparing for, designing, negotiating, and executing tax optimized business strategies and transactions. For some clients, he serves as de facto outside general counsel, providing guidance on day-to-day issues as well as on extraordinary corporate transactions. With a strong tax background, Steven regularly works with clients to navigate the intersection of business practicality and the intricacies of corporate and partnership taxation.
- LLM, New York University School of Law
Tax - JD, University of Georgia School of Law
Cum laude
- BA, Duke University
- Georgia
- US Tax Court
Related Services
Related News & Insights
-
Sponsored Events
Oct 2, 2024
Seyfarth to Sponsor and Steven Richman to Speak at ILPA LCON
-
Legal Update
Aug 14, 2024
Updated Guidance on NAV-Based Facilities for Private Equity Strategies
-
Media Mentions
07/11/2024
Steven Richman Discusses Uses of Synthetic Distributions in the Private Equity Law Report
-
Media Mentions
02/01/2024
Steven Richman Discusses Shift in Ongoing Dynamic Between LPs and GPs in Buyouts
- Recognized Attorney, Private Equity Funds, The Legal 500, USA (Legalese Ltd.) (2019-2021)
- American Bar Association, Tax Section
- Co-Author, “Updated Guidance on NAV-Based Facilities for Private Equity Strategies,” Legal Update, Seyfarth Shaw LLP (August 14, 2024)
- Co-Author, "The SEC’s New Private Fund Adviser Rule Comes Under Early Attack," Legal Update, Seyfarth Shaw LLP (September 6, 2023)
- Co-Author, "An Early Glimpse into the SEC’s Private Funds Advisor Rule," Legal Update, Seyfarth Shaw LLP (August 23, 2023)
- Co-Author, "Certain Senior Living Facilities Can Elect Out of the Business Interest Limitation," ABA Real Property, Trust and Estate Law Section’s eReport (March 8, 2021)
- Co-Author, "Certain Senior Living Facilities Can Elect Out of the Business Interest Limitation," Legal Update, Seyfarth Shaw LLP (February 2, 2021)
- Co-Author, "UBIT May Be In Your Future," One Minute Memo, Seyfarth Shaw LLP (November 3, 2017)
- "Be careful what you ask for in Clinton-Trump tax reforms," The Hill (November 4, 2016)
- Co-Author, "One Step Back, One Step Forward: New Debt-Equity Regulations Narrow Their Focus on Earnings Stripping," Client Alert, Seyfarth Shaw LLP (November, 3, 2016)
- Co-Author, "There is life after death...of the Bottom-Dollar Guarantee," Client Alert, Seyfarth Shaw LLP (October 14, 2016)
- Co-Author, "Earn-Outs in Cross Border Acquisitions: Managing Code Sec. 956 Exposure," International Tax Journal (April 2016)
- "The Sweeping Effect of the Windsor Decision," Trust the Leaders (Winter 2013)
- Co-Author, "What Else Can We Do With the Corporate Jet," Trust the Leaders (Spring 2009)
- Speaker, "ILPA Legal Town Hall: The Effect of Organizational Expense Allocation," Institutional Limited Partners Association (July 9, 2024)
- Speaker, "How Is Your LP Makeup Impacting Your Investment Strategy? Aligning LP/GP Interests," IMN's US Real Estate Opportunity & Private Fund Investing Forum, Newport, RI (June 21-23, 2023)
-
Presenter, "Understanding the NVCA Model Forms," Webinar (March 29, 2023)
- Speaker, "Opportunities and Challenges in Today’s Investment Environment - Where Legal Teams Can Make a Difference," ILPA’s Private Equity Legal Conference (October 2022)
- Speaker, 8th Annual Southeast Institutional Forum, Atlanta, GA (October 20, 2021)
- Speaker, "Expecting the Expected – Planning for GP Restructurings," ILPA’s Private Equity Legal Conference (October 13-14, 2021)
- Presenter, "The Primaries of Secondaries: A Market Update on Secondary Transactions in a Post-COVID Environment," Webinar, Seyfarth Shaw LLP (May 19, 2021)
-
Co-Presenter, "Facts and Fictions Surrounding GP Promoted Tax Provisions" (July, 2020)
- Co-Presenter, "Closing the Loop on Open-Ended Funds" (April, 2020)
- "Selected Trends in LPA Documentation" (December 17, 2019)
- Presenter, "Business Law: Making the Right Choice of Entity Decision to Position Your Business for Success," CLE, Atlanta Bar Association, Atlanta, GA (November 5, 2019)
- Co-Presenter, "Leveling The Playing Field for Limited Partners," Webinar (April 11, 2019)
- Panelist, "Spotlight on GP Led Secondaries," Institutional Limited Partner Association (“ILPA”) (March 2019)
- Co-Presenter, "The Primaries of Secondaries: Understanding Secondary Transactions in Private Equity Funds," Webinar, Seyfarth Shaw LLP (September 13, 2018)
- "Entity-Level Tax For Partnerships—Since When? Since Now!," Seyfarth Shaw LLP, Atlanta, GA (December 6, 2017)
- "But You Said You’re a Lawyer?! Topics Every Lawyer Should Know (a little) About: Remember to Aim Before You Fire: The Importance of Building the Legal Base for Your (or your Client’s) Business," State Bar of Georgia (October 2017)
- "Federal Income Tax Issues in Real Estate Transactions" (July 2017)
- "The Fundamentals of Fund Formation," Seyfarth Shaw, LLP (February 2017)
- "But You Said You’re a Lawyer?! Topics Every Lawyer Should Know (a little) About: Remember to Aim Before You Fire: The Importance of Building the Legal Base for Your (or your Client’s) Business," State Bar of Georgia (December 2016)
- "Understanding the new Tax Rules that Will Change Every LLC and Partnership," Webinar (July 2014)
- "Specialize to Succeed: Navigating the IRS Regulations of Business Taxation," State Bar of Georgia, Atlanta, GA (September 2014)
- Quoted, "LP Concerns and Common Misconceptions About the Rise of “Synthetic” Distributions (Part One of Two)," Private Equity Law Report (July 11, 2024)
A tax attorney by training and a business attorney by practice, Steven represents institutional investors and business clients.
More About Steven
In the investment arena, Steven serves as investment counsel to institutional investors such as large public pension funds, private pension funds (large and small), endowments and foundations, and family offices. In that role, Steven represents clients in connection with their investments in private equity (both traditional private equity and real estate focused opportunities), hedge funds, direct equity, separate accounts, club deals, fund of funds, and other pooled investments. The investments cover all sectors and include both domestic and off-shore transactions.
As a business counselor, Steven advises clients through the business life cycle, from choice of entity, through capital raise and growth phases (including various commercial transactions) and finally the implementation of an exit strategy. Through that process Steven assists clients with preparing for, designing, negotiating, and executing tax optimized business strategies and transactions. For some clients, he serves as de facto outside general counsel, providing guidance on day-to-day issues as well as on extraordinary corporate transactions. With a strong tax background, Steven regularly works with clients to navigate the intersection of business practicality and the intricacies of corporate and partnership taxation.
As a business counselor, Steven advises clients through the business life cycle, from choice of entity, through capital raise and growth phases (including various commercial transactions) and finally the implementation of an exit strategy. Through that process Steven assists clients with preparing for, designing, negotiating, and executing tax optimized business strategies and transactions. For some clients, he serves as de facto outside general counsel, providing guidance on day-to-day issues as well as on extraordinary corporate transactions. With a strong tax background, Steven regularly works with clients to navigate the intersection of business practicality and the intricacies of corporate and partnership taxation.
- LLM, New York University School of Law
Tax - JD, University of Georgia School of Law
Cum laude
- BA, Duke University
- Georgia
- US Tax Court
Related Services
Related News & Insights
-
Sponsored Events
Oct 2, 2024
Seyfarth to Sponsor and Steven Richman to Speak at ILPA LCON
-
Legal Update
Aug 14, 2024
Updated Guidance on NAV-Based Facilities for Private Equity Strategies
-
Media Mentions
07/11/2024
Steven Richman Discusses Uses of Synthetic Distributions in the Private Equity Law Report
-
Media Mentions
02/01/2024
Steven Richman Discusses Shift in Ongoing Dynamic Between LPs and GPs in Buyouts
- Recognized Attorney, Private Equity Funds, The Legal 500, USA (Legalese Ltd.) (2019-2021)
- American Bar Association, Tax Section
- Co-Author, “Updated Guidance on NAV-Based Facilities for Private Equity Strategies,” Legal Update, Seyfarth Shaw LLP (August 14, 2024)
- Co-Author, "The SEC’s New Private Fund Adviser Rule Comes Under Early Attack," Legal Update, Seyfarth Shaw LLP (September 6, 2023)
- Co-Author, "An Early Glimpse into the SEC’s Private Funds Advisor Rule," Legal Update, Seyfarth Shaw LLP (August 23, 2023)
- Co-Author, "Certain Senior Living Facilities Can Elect Out of the Business Interest Limitation," ABA Real Property, Trust and Estate Law Section’s eReport (March 8, 2021)
- Co-Author, "Certain Senior Living Facilities Can Elect Out of the Business Interest Limitation," Legal Update, Seyfarth Shaw LLP (February 2, 2021)
- Co-Author, "UBIT May Be In Your Future," One Minute Memo, Seyfarth Shaw LLP (November 3, 2017)
- "Be careful what you ask for in Clinton-Trump tax reforms," The Hill (November 4, 2016)
- Co-Author, "One Step Back, One Step Forward: New Debt-Equity Regulations Narrow Their Focus on Earnings Stripping," Client Alert, Seyfarth Shaw LLP (November, 3, 2016)
- Co-Author, "There is life after death...of the Bottom-Dollar Guarantee," Client Alert, Seyfarth Shaw LLP (October 14, 2016)
- Co-Author, "Earn-Outs in Cross Border Acquisitions: Managing Code Sec. 956 Exposure," International Tax Journal (April 2016)
- "The Sweeping Effect of the Windsor Decision," Trust the Leaders (Winter 2013)
- Co-Author, "What Else Can We Do With the Corporate Jet," Trust the Leaders (Spring 2009)
- Speaker, "ILPA Legal Town Hall: The Effect of Organizational Expense Allocation," Institutional Limited Partners Association (July 9, 2024)
- Speaker, "How Is Your LP Makeup Impacting Your Investment Strategy? Aligning LP/GP Interests," IMN's US Real Estate Opportunity & Private Fund Investing Forum, Newport, RI (June 21-23, 2023)
-
Presenter, "Understanding the NVCA Model Forms," Webinar (March 29, 2023)
- Speaker, "Opportunities and Challenges in Today’s Investment Environment - Where Legal Teams Can Make a Difference," ILPA’s Private Equity Legal Conference (October 2022)
- Speaker, 8th Annual Southeast Institutional Forum, Atlanta, GA (October 20, 2021)
- Speaker, "Expecting the Expected – Planning for GP Restructurings," ILPA’s Private Equity Legal Conference (October 13-14, 2021)
- Presenter, "The Primaries of Secondaries: A Market Update on Secondary Transactions in a Post-COVID Environment," Webinar, Seyfarth Shaw LLP (May 19, 2021)
-
Co-Presenter, "Facts and Fictions Surrounding GP Promoted Tax Provisions" (July, 2020)
- Co-Presenter, "Closing the Loop on Open-Ended Funds" (April, 2020)
- "Selected Trends in LPA Documentation" (December 17, 2019)
- Presenter, "Business Law: Making the Right Choice of Entity Decision to Position Your Business for Success," CLE, Atlanta Bar Association, Atlanta, GA (November 5, 2019)
- Co-Presenter, "Leveling The Playing Field for Limited Partners," Webinar (April 11, 2019)
- Panelist, "Spotlight on GP Led Secondaries," Institutional Limited Partner Association (“ILPA”) (March 2019)
- Co-Presenter, "The Primaries of Secondaries: Understanding Secondary Transactions in Private Equity Funds," Webinar, Seyfarth Shaw LLP (September 13, 2018)
- "Entity-Level Tax For Partnerships—Since When? Since Now!," Seyfarth Shaw LLP, Atlanta, GA (December 6, 2017)
- "But You Said You’re a Lawyer?! Topics Every Lawyer Should Know (a little) About: Remember to Aim Before You Fire: The Importance of Building the Legal Base for Your (or your Client’s) Business," State Bar of Georgia (October 2017)
- "Federal Income Tax Issues in Real Estate Transactions" (July 2017)
- "The Fundamentals of Fund Formation," Seyfarth Shaw, LLP (February 2017)
- "But You Said You’re a Lawyer?! Topics Every Lawyer Should Know (a little) About: Remember to Aim Before You Fire: The Importance of Building the Legal Base for Your (or your Client’s) Business," State Bar of Georgia (December 2016)
- "Understanding the new Tax Rules that Will Change Every LLC and Partnership," Webinar (July 2014)
- "Specialize to Succeed: Navigating the IRS Regulations of Business Taxation," State Bar of Georgia, Atlanta, GA (September 2014)
- Quoted, "LP Concerns and Common Misconceptions About the Rise of “Synthetic” Distributions (Part One of Two)," Private Equity Law Report (July 11, 2024)