Babak Nikravesh represents sovereign investors, including sovereign wealth funds and governmental pension funds, on their cross-border investment strategies and operations.

Babak has worked closely with sovereign investors for nearly two decades, well before the term "sovereign wealth fund" was coined. He has advised sovereigns on hundreds of investment transactions across diverse asset classes and geographies, including fund, co-invest and direct investments in venture capital, private equity, real estate, infrastructure, and debt. Babak also counsels sovereigns on the various operational and regulatory issues that arise from operating abroad, with particular emphasis on the complex tax issues relating to both sovereign institutions and their employees.

Babak's cross-border experience includes mergers and acquisitions, joint ventures and strategic alliances, international expansion and holding company structures and intangible property migration and ownership strategies. He also has experience advising the investors, sponsors, and managers of a variety of investment funds — including private equity, real estate, and hedge funds — on formation, investment, and operational matters.

Recognized in Chambers USA (2015 and 2016), Babak speaks and writes regularly on a variety of international tax topics, and is the author of U.S. Income Taxation of Foreign Governments, International Organizations, Central Banks and Their Employees, the leading treatise on the taxation of government-linked investors. He is a former executive committee member of the International Law Section of the State Bar of California.