Mr. Frastai has extensive experience advising clients with respect to transactions involving partnerships, limited liability companies and other pass-through entities. These transactions include acquisitions, dispositions and joint ventures. He also has significant experience advising on complex private fund seeding arrangements, secondary transactions and spin-outs.
Mr. Frastai regularly advises a wide variety of private investment funds including buyout, growth equity, infrastructure, debt and real estate opportunity funds. He has also represented investment banks, sovereign wealth funds and major pension funds in their United States and international investment activities.
Mr. Frastai is recognized as a leading lawyer for Tax in New York by Chambers USA, where clients note that he is “a very creative and practical problem solver,” has “broad and deep industry experience,” and that he “takes an incredibly complex issue and can explain it in basic layman's terms. He is terrific at converting from the tax rule to the business issue.” He is recognized as a “Bankruptcy Tax Specialist” by Turnarounds & Workouts magazine, has been recommended for US Taxes: Non-Contentious by Legal 500 US and is recognized for Tax by Super Lawyers.
Mr. Frastai received his J.D. and LL.M. degree in Taxation from New York University School of Law and his B.S., cum laude, in Accounting from New York University Stern School of Business where he was a member of the Beta Gamma Sigma Business Honorary.