Jeff Bruns is a partner in the Chicago office of Mayer Brown’s Tax Transactions practice. His practice focuses on creating tax-efficient structures for institutional investors in US real estate, including tax-exempt organizations, sovereign wealth funds and other non-US investors. He concentrates in the areas of partnership taxation, REITs, UBTI, FIRPTA, ECI and related aspects of federal income tax law. Jeff regularly represents fund sponsors and investment advisors in connection with all aspects of forming and operating private equity real estate funds, club deals, joint ventures and separate account investments. He also represents governmental pension funds, universities and non-US institutional investors in structuring and negotiating investments in all types of private investment funds, including buy-out funds, debt funds, hedge funds, infrastructure funds and funds of funds. Jeff has significant experience in capital markets transactions involving public REITs, including securities offerings, UPREIT transactions, mergers and acquisitions. He also advises clients on a broad variety of transactions involving partnerships, LLCs and joint ventures, such as asset contributions, roll-ups, compensatory interests, mergers and liquidations.