Friday, 24 June 2016
Last updated 1 hour ago
Feb 27 2012 | 10:02am ET
KPMG has expanded its alternative funds team with the addition of industry vets John Budzyna and Maurice Holmes.
Budzyn has been named KPMG’s national leader, market development for alternative investments while Holmes becomes managing director, market development for alternative investments.
Budzyna was previoulsy CEO of Cutting Hedge Consulting, an advisory firm to the hedge fund industry. He also chairs the board of the charitable organization Hedge Funds Care. Budzyna began his career at Arthur Andersen, where he helped create and led the firm’s hedge fund practice. He has also served as managing director and global head of hedge fund consulting at Deutsche Bank’s global prime finance group and was CEO of Olympia Capital, a leader in the hedge fund administration business. He also had served as a leader in Ernst & Young’s hedge fund practice.
Holmes was most recently a director in the Credit Suisse investment banking division, where he oversaw prime services sales for emerging markets, and served as global leader of its hedge fund consulting services. Previously, he was an executive director in equity financing services at Morgan Stanley, where he managed the consulting services group. In addition, he has served in executive leadership roles at JP Morgan and Lazard Freres & Co.
Said Rob Arning, KPMG’s vice chair-market development, said in a statement that Budzyna and Holmes “bring with them strong industry credentials and deep experience in the alternative investments space. They truly understand what companies are facing today in terms of regulatory and business growth challenges and will play an important role in helping our clients navigate their way forward.”