KPMG LLP has realigned its most senior private-equity partners to form the U.S. Private Equity Group. The dedicated practice will collect the firm’s extensive experience to serve the largest funds in the rapidly growing private-equity market.KPMG named Donald C. Spitzer as national managing partner for the new group. Spitzer, 57, will draw on his more than 35 years of experience leading KPMG audit and advisory teams who have helped some of the firm’s largest clients develop and execute cross-border mergers, acquisitions, strategic alliances and joint ventures.
Spitzer, noted in a release that every member of the group already provides customized services to the world’s largest funds. He added that private-equity funds grew from more than $20 billion in 1996 to more than $200 billion in 2006.
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