Partner

JoonBeom Pae

Tax, Fund Finance, Private Equity, Funds & Investment Management

New York +1 212 506 2194

jpae@mayerbrown.com

Übersicht

Clients value JoonBeom Pae’s creative, solution driven approach and deep experience in advising private fund sponsors on structuring and operating a wide range of funds, including credit, direct lending, buy-out and infrastructure funds. He focuses primarily on advising private funds sponsors and investors on fund formation and investments. JoonBeom works closely with his clients to achieve their commercial goals while navigating complex legal and business challenges.

JoonBeom also advises sovereign wealth funds, large insurance companies, and other financial institutions on tax matters unique to these investors, drawing on his extensive experience with US trade and business issues, commercial activities, unrelated business taxable income, and withholding concerns. He regularly advises on implementing treaty-based, levered blocker, or guideline-based structures, as well as rated feeders.

As a seasoned partnership tax lawyer, JoonBeom frequently advises on M&A transactions involving pass-through entities. He also has significant experience in tax credit transfers, having led several groundbreaking transactions for a leading private equity sponsor and one of the largest utility companies in the United States, as well as advising on tax and other corporate matters for a renewable energy company.

In addition to leading Mayer Brown’s Korea practice, JoonBeom regularly speaks and writes on topics related to tax and private investment funds. As a member of the Private Investment Funds Tax Forum, he collaborates with leading tax practitioners in New York City to discuss the latest developments, issues and trends in the private funds industry. His extensive knowledge of cross-border tax planning and structuring is also highly valued by non-US clients.

Erfahrung

Advised PSEG Power LLC, an energy supply company, on the acquisition of certain investment tax credits (ITCs) related to hydropower plants and energy storage and microgrid facilities. This transaction represents PSEG’s first tax credit acquisition under the processes established pursuant to the Inflation Reduction Act.
Represented Apollo Management Holdings, L.P., as purchaser, in an investment tax credit transfer transaction for a landfill renewable natural gas facility in Northville, Michigan, owned by a subsidiary of OPAL Fuels Inc. and GFL Environmental Inc.
Represented a private equity firm as purchaser in an approximately $112 million investment tax credit transfer transaction for two utility-scale solar and storage projects in Kern and Los Angeles Counties, California.

Auszeichnungen

"Joon Pae is an excellent advisor. He has exceptional listening and on the spot problem solving skills. All while being practical and reasonable. He doesn’t pretend to know everything and recognizes situations where seeking agreement from other partners is helpful. He also has a great network and is a great connector. Overall, he cultivates great trust while delivering meaningful advice." – Legal 500

Ausbildung

Northwestern University School of Law, JD
Managing Editor, Journal of International Human Rights; Awarded Outstanding Tax Student from the Federal Taxation Committee of the Chicago Bar Association
New York University School of Law , LLM in Taxation
Seoul National University, BA, summa cum laude

Zulassungen

New York

Mitgliedschaften

Co-Chair of the Tax Committee of National Asian Pacific American Bar Association
Member of the Tax Section of the New York State Bar Association