KPMG has hired three industry veterans to augment its rapidly growing alternative investments (AI) team, focusing on hedge funds, private equity firms and real estate funds.
Camille Asaro, Jay Freedman and Linda Grogan have recently joined KPMG's AI team in New York.
Asaro has been hired as an audit partner in the New York financial services practice. Asaro has more than 23 years’ experience in asset management, audit, accounting, strategic planning, hedge funds, and private equity funds.
Prior to joining KPMG, Asaro served as an audit partner at a leading national professional services firm that focuses on serving alternative investment businesses. In her prior role, she specialised in audits of hedge funds, private equity funds, funds of funds, and broker dealers. Asaro also has experience working directly in the securities industry and brings extensive knowledge of the accounting and regulatory aspects of a wide-range of fund structures in the alternative investments sector.
Freedman has been hired as a federal tax principal in the New York Financial Services practice. With 20 years’ experience in the financial services tax arena, Freedman will assume responsibility for serving investment management firms and hedge funds, overseeing the delivery of tax consulting and tax compliance services to a number of existing clients, and helping build relationships with new clients and prospects.
Freedman comes to KPMG from a global investment company, where he spent the past five years as its chief tax officer. He also served as president of the Wall Street Tax Association, a non-profit organisation. Prior to that, he served as senior managing director at another investment company.
Grogan is returning to KPMG as a tax managing director in the New York financial services practice. She will focus on expanding the firm's private equity service capabilities.
With more than 20 years’ experience serving clients and holding various leadership roles in private equity organisations, Grogan will be a valuable addition to the AI team. She returns to KPMG from a private equity firm, where as chief financial officer and chief compliance officer, she was responsible for financial statement oversight, tax planning and compliance, as well as benefits and people management.
Earlier in her career, Grogan served as director in KPMG's department of professional practice.
"Camille, Jay and Linda bring strong industry experience and knowledge that enhances the strength and depth of our New York AI team," says Al Fichera, national leader, alternative investments-audit.