Kaufman, Rossin & Co., an American accounting firm, has opened an office in the Cayman Islands to meet the regulatory needs of its hedge fund clients. The South Florida based practice is one of a few independent CPA firms in the United States to be active in the hedge-fund arena.
Kaufman, Rossin & Co. Cayman complies with recent regulatory changes from the Cayman Islands Monetary Authority (CIMA) requiring Cayman-registered hedge funds to be audited by Cayman-domiciled auditors.
Kaufman, Rossin & Co.’s Financial Services Group provides specialized services for domestic and offshore funds, including fund start-up consulting, fund accounting, financial reporting, audit, and back office outsourcing. Clients range from hedge funds and commodity pools to managed accounts and family offices.
“Our firm offers a variety of services to fund managers while staying compliant to Cayman Islands regulations,” says Greg Levy, audit and financial services principal. “In addition, our Financial Services clients gain peace of mind from working with an established firm that adheres strictly to U.S. accounting standards.”