What's Happening?
Alston & Bird has announced the addition of Chaim Stern as a partner in its federal and international tax group in New York. Stern brings over 15 years of experience from Goldman Sachs, where he led tax planning
for the firm's alternative asset management business. His expertise includes advising on the structuring and launch of complex funds and investment vehicles across various strategies such as private equity, credit, hedge, real estate, and infrastructure. Stern's move to Alston & Bird is expected to bolster the firm's capabilities in tax advisory services, particularly in the investment sector.
Why It's Important?
The recruitment of Chaim Stern by Alston & Bird signifies a strategic enhancement of the firm's tax advisory services, particularly in the realm of investment fund structuring and transactions. Stern's extensive experience at Goldman Sachs positions him as a valuable asset in navigating complex tax issues for investment firms. This move reflects the competitive nature of the legal and financial advisory sectors, where firms seek to strengthen their expertise to better serve clients in a rapidly evolving market. Stern's addition is likely to attract new clients and enhance the firm's reputation in tax advisory services.
