Dr. Christian Brause

CHRISTIAN BRAUSE focuses on advising U.S. and non-U.S. clients on U.S. tax aspects of domestic and international mergers and acquisitions and other major domestic and international transactions, including spinoffs, corporate restructurings, de-SPAC transactions, joint ventures, debt financings, and IPOs, including SPAC IPOs. He also advises clients in respect to the structuring (and restructuring) of alternative investments and the formation of alternative investment vehicles, including private equity funds, hedge funds, and real estate funds. Christian focuses in particular on REITs (including mortgage REITs), as well as GP-stakes transactions. His clients have included, in addition to all major investment banks, Arsenal Capital, American Industrial Partners, KKR, Siris Capital, Clearlake Capital, WCAS, Thoma Bravo, TowerBrook, Wafra, and GIC, among others.

Christian has been consistently recognized by Chambers USA for his work in Nationwide REITs: Tax (Band 1; 2019–2025), as well as in New York Tax (Band 3; 2020–2025), where he was lauded as “impressive, smart and thoughtful.” Clients describe him as someone who “thinks deeply about matters and… is generous with his time” and who is “a great lawyer who is very knowledgeable in this space and very practical” (2025). He is also recommended by Legal 500 United States in Domestic Tax: East Coast and International Tax (2013), Investment Fund Formation and Management: Private Equity Funds, Real Estate and Construction: Real Estate Investment Trusts (REITs) (2015–2017, 2025), Tax: International Tax (2016–2017, 2025), and in U.S. Taxes: Non-contentious (2017). Christian was also recognized in the Tax Directors Handbook 2014.

Christian is the co-author of the Tax Management Portfolio, “Hedge Funds,” a treatise that discusses U.S. tax issues in connection with the structuring and operation of hedge funds. He is also the author of “Federal Income Tax Aspects of REITs,” which is published annually by the Practising Law Institute.

Christian was a scholar of the German Merit Foundation (Studienstiftung des Deutschen Volkes), and he is a senior member of St. Hugh’s College of Oxford University.

Christian has represented:

• New Catalyst Strategic Partners (New Catalyst) in its first strategic partnership, launched with Ironleaf Capital.
• Xignux, a Monterrey, Mexico-based leader in the energy and food industries, in the US$5.28 billion sale of its stake in Prolec GE to GE Vernova.
• Geotab, a global leader in connected vehicle and asset management solutions, in its acquisition of the commercial operations of Verizon Connect’s telematics business in Australia, the United Kingdom, Ireland, Italy, France, Portugal, Poland, the Netherlands, and Germany.
• Garage Beer, the fastest growing, independent beer brand in the U.S., in its strategic growth investment from Durational Capital Management.
• Twin Star International, Inc., as the stalking horse bidder, in its purchase of substantially all the assets of Walker Edison Furniture Company, LLC in connection with Walker Edison's Chapter 11 proceedings (pending).
• Soho House & Co Inc. in its definitive agreements pursuant to which an investor group led by MCR, and its chairman and CEO Tyler Morse will acquire the outstanding shares of Soho House not held by certain significant shareholders.
• Starwood Property Trust, Inc. (NYSE: STWD) in its US$2.2 billion acquisition of Fundamental Income Properties, LLC. (pending).
• Beach Point Capital Management LP in a US$190 million multi-jurisdictional First Lien Senior Secured Delayed Draw Term Loan Facility to Cipriani USA, Inc. and its global affiliates to support Cipriani’s expansion.
• Lineage, Inc. (NASDAQ: LINE), the world’s largest global temperature-controlled warehouse REIT, in the US$247.0 million acquisition of multiple, existing cold storage warehouses and related assets from Tyson Foods, Inc.
• Global Container International (GCI), a leading lessor of marine intermodal containers, in its acquisition by Triton International Limited, the world’s largest lessor of intermodal freight containers, for a total transaction value of over US$1 billion.
• Grain & Protein Technologies, a portfolio company of American Industrial Partners, in the cross-border carve-out acquisition of the agribusiness equipment operations of Munters FoodTech.
• Achieve Partners in its acquisition of Wise Music Group's Digital Education division.
• A consortium, headed by APG Asset Management N.V. (APG), on behalf of the largest Dutch pension fund, ABP, and Australian Retirement Trust (ART), in the acquisition of Riverstone Holdings’ equity stake in Pattern Energy Group LP (pending).
• Funds advised by Wafra Inc. in the pending acquisition of Aquila Air Capital from funds managed by Warburg Pincus LLC.
• Care Capital Properties Inc., a publicly traded REIT, in connection with its approximate US$7.5 billion combination with publicly traded Sabra Health Care REIT, Inc.
• RelaDyne LLC, a portfolio company of American Industrial Partners, in its acquisition of Sun Coast Resources, Inc. and Grupo Lucalza.
• The underwriters in an aggregate of US$5.0 billion inaugural public offering of senior notes issued by VICI Properties L.P., a wholly owned subsidiary of VICI Properties Inc., used to fund a portion of the purchase price of VICI’s recent acquisition of MGM Growth Properties and to provide long-term financing for VICI’s acquisition of The Venetian Resort Las Vegas and The Venetian Expo.
• Pretium Midway Holdco, an investment vehicle owned by Pretium Partners and Ares Management Corporation, in the acquisition of Front Yard Residential Corporation, a publicly traded REIT, in a transaction valued at approximately US$2.4 billion.
• Novacap, a portfolio company of Eurazeo, in its acquisition of PCI Synthesis, a leading U.S. pharmaceutical contract development and manufacturing organization (CDMO). Novacap is a global player in pharmaceutical synthesis, advanced specialties, and cosmetics.
• Starwood Waypoint Homes, a public REIT, in its combination with Invitation Homes Inc. to create the largest single-family REIT in the United States, with a total enterprise value of approximately US$20 billion.
• FelCor Lodging Trust Incorporated, a public REIT, in its merger with RLJ Lodging Trust to form a public REIT with a total enterprise value of approximately US$7 billion.
• Nidec in its US$1.2 billion, worldwide acquisition of Emerson’s motors, drives, and electric power generation business.
• GIC Pte. Ltd. in connection with numerous co-investments with private equity funds and investments in private equity funds.
• Magna International Inc. in connection with its sale of substantially all of its interiors operations (which included 36 manufacturing operations and approximately 12,000 employees located in Europe, North America, and Asia) to Grupo Antolin for approximately US$525 million.
• Rouse Properties in the issuance of US$140 million of preferred operating partnership units in connection with Rouse’s acquisition of Carlsbad Mall from Westfield.
• Simon Property Group in the public offering of US$1.1 billion of senior notes.
• Ventas Inc. and Ventas Realty Limited Partnership in the underwritten public offering of US$500 million of 4.125% senior notes due in 2026.
• Markel Corporation in connection with its acquisition of substantially all of the assets of CATCo Investment Management Ltd.
• Starwood Waypoint Residential Trust, a public REIT, in connection with the internalization of its manager and its tax-free merger with Colony American Homes to form a public REIT with a gross asset value of approximately US$7.7 billion.
• Strategic Hotels & Resorts, Inc., a public REIT specializing in upscale and luxury hotels and resorts, in its acquisition by Blackstone Real Estate Partners VIII L.P. for about US$6 billion, including debt
• Siris Capital Group, LLC, in connection with its US$1 billion acquisition of Premiere Global Services, Inc.
• ACE in a joint venture with BlackRock in connection with the formation and US$800 million private placement of ABR Reinsurance Capital Holdings Ltd., a Bermuda-based reinsurance organization with an alternative asset management strategy; the venture was named “Capital Raising of the Year” and “Launch of the Year” at the 2015 Reactions North America Awards.
• The initial purchasers, led by Goldman Sachs, in connection with the US$257 million initial public offering of Class A common stock of QTS Realty Trust, Inc., a data-center REIT.
• The initial purchasers, led by Deutsche Bank, in connection with the US$300 million high-yield senior debt offering of the operating partnership of QTS Realty Trust, Inc., a data-center REIT.
• UCP, Inc. in connection with its US$105 million initial public offering of its Class A common stock.
• Dell in the acquisition of StatSoft, Inc., a developer of analytics software products and solutions.
• A large U.S. pharmaceutical company in connection with the acquisition of a worldwide consumer business for more than US$16 billion.
• A U.S. company in the entertainment industry in connection with its acquisition by another company for more than US$1.5 billion.
• A non-U.S. financial institution on the US$1.3 billion sale of some of its subsidiaries in Mexico, Chile, Colombia, and Uruguay to a non-U.S. buyer.
• A U.S. company in connection with the sale of one of its worldwide businesses to a non-U.S. private equity investor for more than US$2.5 billion.
• An insurance company in connection with the cross-border split-off of certain insurance businesses and a substantial amount of cash to a large shareholder in a tax-free Section 355 exchange for substantially all of the shares of the insurance company owned by the large shareholder (the transaction was valued at approximately US$836 million).
• A U.S. corporation in connection with its acquisition of a REIT for more than US$5 billion in a tax-free cash election merger.
• A U.S. fund sponsor in connection with the formation of a U.S. focused real estate fund with a complex parallel partnership structure and REITs (US$2 billion target).

Some of the above matters were handled prior to joining Sidley.

Christian is a member of the American Bar Association, the New York State Bar Association, and the National Association of Real Estate Investment Trusts (NAREIT).