KPMG Forms Alternative Investment Group

Mar 23 2007 | 11:53am ET

KPMG has consolidated its hedge fund, real estate and infrastructure businesses into one unit dubbed the alternative investment group, including staff from KPMG's corporate finance, tax, transaction services, audit and advisory practices.

The alternative investment industry is at a turning point, according to Tony Rocker, head of the new group. “The demand for assets and investment opportunities means the barriers between traditionally separate sectors are breaking down,” he said.

“Hedge funds and private equity groups are increasingly looking at investing in physical assets such as real estate and infrastructure. Both these sectors are experiencing tremendous inflows of capital from institutional investors seeking investment performance.”

Rocker added KPMG expects to quadruple its business in this area within three years.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note