KPMG Continues to Build Alternative Investment Practice

By Kalen Smith, Big4 Blogger

KPMG continues to invest in its Alternative Investment Funds division. They have found that the demand for these services has grown in recent years. Portfolio managers are having a difficult time understanding the increasingly complex regulations in the industry. KPMG hopes to address these issues with the AIF services it offers.

They have hired a number of new managers to help streamline the division. The new experts have extensive experience in the alternative funds industry, which will be invaluable to customers around the world. They expect to be the leading provider in serving the alternative investment funds industry.

As governments have instituted new regulations such as Sarbanes-Oxley, financial managers have found it increasingly difficult to deliver the services they need to operate a successful portfolio for their clients. In order to provide their services, they need to consult with experts who understand these new regulations and the best practices for satisfying them.

Ted Cairrero is one of the new members of the team. Cairrero came to KPMG two months ago, but holds nearly 20 years of experience in the investment management industry. He has worked in the alternative investments industry and has helped clients understand the complexities of the Foreign Account Tax Compliance Act.

Chuck Walker is the partner who heads the U.S. alternative investment division.. Walker said KPMG is proud to have attracted renowned experts such as Cairrero to join his team.