KPMG US hires Jay Freedman and Linda Grogan into the Alternative Investments team

KPMG LLP, the U.S. audit, tax and advisory firm, has hired two industry veterans to augment its rapidly growing Alternative Investments (AI) team, focusing on hedge funds, private equity firms and real estate funds. Jay Freedman and Linda Grogan have recently joined KPMG’s AI team in New York.

Jay D. Freedman

Jay Freedman has been hired as a federal tax principal in the New York Financial Services practice. With 20 years experience in the financial services tax arena, Freedman will assume responsibility for serving investment management firms and hedge funds, overseeing the delivery of tax consulting and tax compliance services to a number of existing clients, and helping build relationships with new clients and prospects.

Freedman comes to KPMG from Chilton Investment Company, where he spent the past five years as its chief tax officer. He also served as president of the Wall Street Tax Association, a nonprofit organization. Prior to that, he served as senior managing director at Bear Stearns.

Linda Grogan

Linda Grogan is returning to KPMG as a tax managing director in the New York Financial Services practice. She will focus on expanding the firm’s private equity service capabilities.

With more than 20 years experience serving clients and holding various leadership roles in private equity organizations, Grogan will be a valuable addition to the AI team. She returns to KPMG from a private equity firm, Diamond Castle Holdings, where as chief financial officer and chief compliance officer, she was responsible for financial statement oversight, tax planning and compliance, as well as benefits and people management.

Earlier in her career, Grogan served as director in KPMG’s Department of Professional Practice before joining Credit Suisse Private Equity.