Sarah Katz

Profil Sarah Katz

Sarah advises clients on a variety of tax matters in connection with domestic and cross-border transactions across a range of industries. In particular, she provides tax counsel to investment funds and their portfolio companies, as well as strategic clients, in the structuring and negotiation of taxable and tax-free mergers & acquisitions (both public and private), spin-offs, partnerships and joint ventures, debt restructurings, preferred equity investments and financing transactions.

Additionally, Sarah advises asset managers on tax structuring matters relating to the formation and operations of investment funds (including private equity and credit funds), as well as investors in connection with the structuring and acquisition of their investments in asset managers and investment funds.

Mandate

• Apollo Global Management and affiliated funds in high-profile transactions, including the:
  • majority acquisition of ABC Technologies Holdings Inc, from ABC Group Canada LP (ABC LP), an affiliate of funds managed by Cerberus Capital Management, L.P.
  • formation of its Sponsor and Secondary Solutions business (S3), a dedicated secondary and fund finance capital solutions platform totaling $4 billion, including a cornerstone investment from ADIA.
  • strategic and financial partnership with Sofinnova Partners, a France-based life sciences venture capital firm.
• Apollo Strategic Growth Capital, a special purpose acquisition company, on its IPO and $5 billion business combination with American Express Global Business Travel, a B2B travel platform, to form a publicly traded company.
• Continental Grain Company on its joint venture with Cargill, for a total equity value of $4.53 billion.
• General Electric on the more than $30 billion combination of its jet leasing unit, GE Capital Aviation Services (GECAS), with AerCap Holdings.
• IBM on the spin-off of its managed infrastructure services business into a separate publicly traded company.
• IG Group Holdings in its $1 billion acquisition of tastytrade.
• Oak Hill Advisors in its $4.2 billion sale to T. Rowe Price Group.
• Qualcomm, alongside SSW Partners, in its $4.5 billion topping bid for Veoneer.
• Salem Harbor Power Development and certain of its affiliates, owner of a 674 MW gas fired combined cycle electric power generating facility located in Salem, Massachusetts, in their prearranged chapter 11 cases commenced on March 23, 2022 in the District of Delaware.
• Vivo Capital in connection with raising $1.43 billion
• Advantage Partners in connection with the formation and fundraising of their sixth flagship Japan buyout fund series
• Francisco Partners in raising $750 million to establish an opportunistic credit fund FP Credit Partners, FP’s debut credit strategy
• Blackstone Real Estate Income Trust in connection with its acquisition of the real estate assets of the Bellagio from MGM Resorts for approximately $4.25 billion in a 95%/5% Blackstone-led joint venture
• A global investment bank in connection with a $5.5 billion term loan credit agreement for AT&T
• A global investment bank in connection with the offering of $375 million aggregate principal amount of 4.75% Senior Secured Notes due 2027 by Michaels Stores
• A global investment bank in connection with the refinancing of Michaels’ existing term loan credit facility, which provides for senior secured financing of $1.67 billion
• Vantage Data Centers in connection with an offering of $1.3 billion of aggregate principal amount of Secured Data Center Revenue Term Notes
• Affiliates of KKR in connection with their entry into an agreement to acquire 1-800 Contacts
• New Mountain Capital on its acquisition of Natrol from Aurobindo Pharma