On March 5, 2013, KPMG LLP, the U.S. audit, tax and advisory firm, announced that it is adding two federal tax managing directors to its Alternative Investment Funds practice: Nancy Chan at its Los Angeles office and Nader Karimi at its New York office. For insight from KPMG on the structure of the hedge fund industry, see “Survey by AIMA and KPMG Identifies the Key Drivers of the Bifurcation of the Hedge Fund Industry Between Larger and Smaller Managers,” Hedge Fund Law Report, Vol. 5, No. 21 (May 24, 2012).
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