KPMG merges RE, hedge fund and infrastructure activities in new unit

KPMG has brought its hedge fund, real estate and infrastructure businesses together in an 'Alternative Investment Group'. Tony Rocker, the head of the new unit, said that the alternative investment market is at a turning point. 'The demand for assets and investment opportunities means the barriers between traditionally separate sectors are breaking down. Hedge funds and private equity groups are increasingly looking at investing in physical assets such as real estate and infrastructure. Both these sectors are experiencing tremendous inflows of capital from institutional investors seeking investment performance'.

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