Lachlan Roos Joins PwC as Its New UK Hedge Fund LeaderLachlan Roos has been appointed by PricewaterhouseCoopers, the world's second largest professional services network, as measured by 2014 revenues, as its new UK hedge fund leader.
Roos will take over from Rob Mellor, who is stepping down after leading the hedge fund practice for five years.
A partner in the firm's financial services tax division, Roos has been with PwC since 2005.
He has worked with hedge fund managers in London, New York and Asia, on topics ranging from assisting the start-up industry through to mature corporate operational issues. He has also played a role in global deal activity across all hedge fund strategies.
Mark Pugh, UK asset management leader at PwC, says the appointment of Roos will bring momentum and growth to the hedge fund practice.
Roos says: "It's an extremely exciting time to be leading the team, with hedge funds' global stakeholders - from regulators to tax authorities to investors - demanding complete transparency.
"As such, we are in an environment where the complete hedge fund operating model needs to be assessed..."
Hedge funds have performed well so far in 2015 despite wide market fluctuations, according to research by French asset management firm Lyxor.Source: Funds Europe Magazine