With his strong background in risk management, regulatory compliance, and operational effectiveness, plus his previous experience running an AIFM, Alan will be a winning asset for the firm.

Alan commented: “The asset management industry in Luxembourg is booming, as it increasingly becomes a fundamental part of the Luxembourg economy. The Luxembourgish government has strategically launched alternative investment products, bringing the market to maturity—but it’s in that context that compliance and regulatory challenges have also arisen. The CSSF’s new Circular 18/698 is a good example of that. I look forward to helping alternative asset managers to navigate such challenges and to find the opportunities within them. KPMG has developed leading-edge technology and advisory solutions designed to help clients in a pragmatic way, as the firm aims to safeguard and optimise the business value of client operations. With these assets and aims, alongside a deep understanding of the industry, the firm offers a holistic approach to alternative industry challenges. I can’t wait to start in these exciting times with KPMG!”

Pascal Denis, Head of Advisory, said: “The asset management industry, and more specifically alternative investments, is not immune to disruption. While it has happened more slowly than in other industries, new technologies and new operating models are starting to underpin how asset management operates, and KPMG means to be—with its deep expertise—at the centre of this shift. We are extremely pleased with the hire of Alan, whose AIFM and consulting experience will prove invaluable in keeping our firm at the forefront of these exciting industry changes.”

Mr Denis added: “We are particularly proud to remain a leader in asset management not just as a firm, but as a country. Luxembourg is known on a world scale for its acumen in this area, and we are eager to play our part in supporting this reputation.”