Accounting firm Weaver and Tidwell has introduced a financial services niche practice aimed at investment companies, including hedge funds and private equity firms.

Audit partner Bob Loritz will lead the new practice. Weaver and Tidwell's financial services practice offers professional accounting, tax and consulting services with a focus on the financial services sector, including hedge funds, financial institutions, broker/dealers and investment companies.

There has been significant growth in hedge funds and private equity funds as high-net-worth investors look for alternative investments. Weaver and Tidwell will provide audit services, consulting and tax compliance services that allow the funds to provide required information to investors.

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