KPMG has brought on board several new partners and managing directors to bolster the firm’s Alternative Investment Funds practice.

“Globalization, as well as evolving regulations in the U.S., Asia and Europe is presenting significant challenges for alternative investment funds as they face a slew of new reporting requirements and disclosure rules called for under such regulations as the Foreign Account Tax Compliance Act and Form PF,” the company said in a statement.

The new hires include Ted Carreiro, partner, a former managing director at State Street Bank and Trust’s AIF group. Laura Thompson, managing director, joined KPMG from Bain Capital, where she was vice president of the general partner group. Prior to Bain, Thompson spent over a decade leading the international tax function at Wellington Management Company.

Angela Yu, partner, was previously a partner for KPMG’s U.S. Real Estate Tax Practice and before that she was an international tax partner with KPMG’s Washington National Tax Practice and Vancouver U.S. Tax Planning Practice.  Michael Richards, partner, was a partner in the mergers and acquisitions practice of another Big 4 firm. Phillip DeSalvo, senior manager, was previously an m&a tax manager at another international public accounting firm specializing in private equity transactions.

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