Ernst & Young LLP has appointed Julie Canty and Carlos A. Schmidt as partners in the firm’s Asset Management Tax practice. They will be the sixth and seventh new senior professionals to join the expanding group in the US this year.

 Canty was formerly with Deloitte Tax LLP’s New York hedge fund group, where she focused on tax advisory, compliance and structuring fund clients. Schmidt was with the Passthroughs group of the National Tax Office of Deloitte Tax LLP. He specialized in partnership tax matters with a specific focus on the formation and operation of hedge and private equity funds.

 “Their addition to Ernst & Young LLP underscores our continuing investment and growth in the firm’s asset management industry practice across the US,” stated Michael Serota, Global Hedge Fund Services co-leader and Global Asset Management tax leader for Ernst & Young.