Thu, Dec 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

John Budzyna and Maurice Holmes Join KPMG’s Alternative Investments Practice

Monday, February 27, 2012
In a clear response to marketplace demand and growth opportunities in alternative investments, KPMG LLP, the audit, tax and advisory firm, continues to expand its alternative funds team and today named industry figures John Budzyna and Maurice Holmes to key posts.

Budzyna, an internationally recognized leader and spokesman for the alternative investments industry, has been named KPMG’s National Leader, Market Development for Alternative Investments. Holmes, who also has extensive experience advising hedge funds and service providers to the hedge fund industry, has been named Managing Director, Market Development for Alternative Investments.

“I am very excited to join KPMG’s growing alternative investments practice and look forward to working with their ever-expanding group of talented and deeply experienced partners, directors and employees,” noted Budzyna.

Holmes said: “KPMG’s reputation and its enhanced commitment to the alternatives market, coupled with its outstanding clients and global reach, are compelling.”

Rob Arning, KPMG’s Vice Chair - Market Development, said 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.”

Budzyna served most recently as CEO of Cutting Hedge Consulting Co. LLC, an advisory firm to the hedge fund industry, and also serves as the chairman of the board of Hedge Funds Care, one of the leading charitable organizations supported by the hedge fund community. Budzyna began his career at Arthur Andersen, where he helped create and led the firm’s hedge fund practice. He previously 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. He holds a B.A in Economics from Dickinson College.

Holmes most recently served as 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. He holds a B.A. in Economics from Dartmouth College and an MBA from the University of Chicago.

Budzyna and Holmes are among an expanded roster of industry leaders and experts who have joined KPMG’s Alternative Investments practice over the recent past.

“We believe that KPMG’s commitment and desire to be the leading service provider in alternative investments is clearly demonstrated in the resources we are bringing to serve our clients,” said Al Fichera, National Partner in Charge, Alternative Investments--Audit. “We are actively engaging with clients on many fronts, most notably in the areas of evolving regulations in the U.S. and Europe, globalization, more cross-border transactions and the convergence of asset classes.”

Chuck Walker, National Partner in Charge, Alternative Investments—Tax commented: “When combined with our service delivery model, which features a high degree of hands-on involvement of our partners and managing directors, we believe we have a very compelling solution for those organizations seeking to solve the regulatory, business and market challenges facing our industry today.”

KPMG’s Alternative Investments practice focuses on providing audit, tax and advisory services to hedge, private equity, real estate, infrastructure and fund of funds, and is an integral part of the firm’s Financial Services line of business. Our AI professionals are deeply experienced in the issues, challenges, trends, and risks relevant to companies as they meet the multifaceted challenge of regulatory reform, market developments and increased competition.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar