People Moves

"Big Four" Firm Makes Raft Of Hires At Alternative Investment Funds Practice

Harriet Davies Editor - Family Wealth Report August 22, 2012

KPMG, an audit, tax and advisory firm, has added a raft of partners and managing directors to its alternative investment funds practice, citing the “increasingly complex” environment that investment managers face.

Ted Carreiro has joined as a federal tax partner, based in Boston. He most recently worked with alternative investment fund clients, helping them become FATCA-compliant. He is a former managing director of State Street Bank and Trust’s alternative investment fund group.

Also in Boston, Laura Thompson has joined as a managing director in the international tax practice, with a focus on asset management and fund families in Boston and New York. She joined from Bain Capital, where she was a vice president of the general partner group.

Angela Yu has joined the New York office as a partner for the US real estate tax practice. Prior to this role, she was an international tax partner at KPMG’s Washington national tax practice and Vancouver US tax planning practice.    

On the West Coast, the firm has added Michael Richards as a partner, responsible for leading its transaction services practice there. He was latterly a partner at another “Big Four” firm, where he provided M&A advisory services to large private equity clients.

Rounding off the hires, KPMG brought in Phillip DeSalvo as a senior manager for tax. Before joining the firm, he worked at an international public accounting firm, based in San Francisco. There he specialized as an M&A tax manager on private equity transactions. 

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes