KPMG has hired industry figures John Budzyna and Maurice Holmes as part of an expansion of its Market Development for Alternative Investments group.
Budzyna, who most recently was CEO of Cutting Hedge Consulting Co. LLC and is chairman of charity Hedge Funds Care, is now KPMGs national leader of Market Development for Alternative Investments. Holmes most recently was a director in the Credit Suisse Investment Banking Division overseeing prime services sales for emerging markets; he becomes KPMGs managing director of the division.
Budzyna previously served as managing director and global head of Hedge Fund Consulting at Deutsche Banks Global Prime Finance Group and was CEO of hedge fund administrator Olympia Capital. He has also worked in Ernst & Youngs hedge fund practice and at Arthur Andersen, where he helped create and led the firms hedge fund practice.
I am very excited to join KPMGs growing alternative investments practice and look forward to working with their ever-expanding group of talented and deeply experienced partners, directors and employees, Budzyna says.
Before joining Credit Suisse, Holmes was an executive director in Equity Financing Services at Morgan Stanley, where he managed the Consulting Services Group. He has also held executive roles at J.P. Morgan and Lazard Freres & Co.
KPMGs reputation and its enhanced commitment to the alternatives market, coupled with its outstanding clients and global reach, are compelling, Holmes says.
Rob Arning, KPMGs vice chair of Market Development, says 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.
(CG)