Lachlan Roos Joins PwC as Its New UK Hedge Fund Leader
Lachlan 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