Global accountancy network PKF has expanded its successful service for family offices and private funds in the UK and Ireland.
The PKF Funds and Family Office service, which was launched in New York in 2011, has now extended its presence to London, Edinburgh and Dublin. The expansion gives PKF’s Family Office and Investment Fund clients greater access to expertise across some of the world’s leading financial centres. The team already maintains offices in the United States, Geneva, Amsterdam and Luxembourg.
The business has appointed Paul Pratt, formerly with Trusted Family, to help launch the offer in the UK and Ireland. Pratt brings more than 15 years’ experience working with families and single-family offices dealing with governance, administration and reporting and more.
PKF Funds and Family Office serves ultra-high net worth families, family offices and private funds including private equity, venture capital, hedge, infrastructure and real estate. It offers a wide range of integrated services to clients including family office services, investment fund administration, accounting and custom reporting, bill payment and lifestyle support, audit and tax planning and compliance. In addition, it provides a broad range of advisory services including wealth transfer, succession and philanthropic planning together with best practices reviews, transaction advisory, valuation, due diligence, forensic and litigation services.
The expansion into the UK and Ireland is being driven by PKF O’Connor Davies, which is based in New York, London-based PKF Littlejohn, PKF O’Connor Leddy & Holmes in Dublin and PKF Johnston Carmichael, which has offices across Scotland.
In the United States, the team currently provides full family office and investment administration services to various families and funds, with combined assets of over USD30 billion.
Marc Rinaldi, who leads the PKF O’Connor Davies Financial Services and Fund Administration practice, says: “PKF Funds and Family Office has established a strong reputation in the US and we believe now is the right time to expand the service to other leading global financial centres.”
Gemma Leddy (pictured), who leads the PKF O’Connor Davies Family Office practice, says: “Our success is driven by our exceptional client service teams who continuously strive to bring timely, strategic and customized solutions that meet our clients’ diverse needs and challenges. We will leverage our experience from our client base in New York and other US markets and apply the same principles for funds and family offices in London, Edinburgh and Dublin.”
Carmine Papa, Managing Partner of PKF Littlejohn, says: “We felt our clients here in the UK and Ireland should benefit from the same market-leading support that PKF Funds and Family Office already provides in the US. Expanding the offering into London, Edinburgh and Dublin was an obvious next step.”
“The fact that we’re now able to support our clients globally – bringing together a team of experts from the world’s leading financial centres – in a more direct manner adds another important dimension in a world where family offices, funds and endowments are more global than ever before.”
