KPMG has hired hedge fund industry veteran Michael Cross for its alternative investments team.
Cross will become director of account relationships in the AI team serving the Southeast.
Cross, who is currently president of the Southeastern Hedge Fund Association, spent nearly 20 years in the broker/dealer business, six years raising capital for hedge funds and the past six years focused on alternative investment business development. He is a co-founder of the Alternative Investments Group of the Carolinas and co-founder of the Mid-South Alternative Investment Association.
In his new role at KPMG, Cross, from bases in Nashville, Tennessee and Atlanta, Georgia, will be responsible for managing client relationships and developing new business with hedge funds, private equity firms and real estate funds.
"The alternative investments market in the Southeast is growing and will continue to expand over the next few years and in response, KPMG is investing in resources to meet that need," said Al Fichera, national leader, alternative investments, audit.
Cross is one of several account relationship directors that KPMG will be bringing on board in strategic cities around the U.S., as the firm continues to expand its AI practice.