Partner Kislay "Sal" Shah relocated to McGladrey's Stamford, CT office earlier this summer to serve the firm's existing relationships throughout Connecticut and Westchester County and to oversee growing demand for the practice’s expertise in the region.
"One of McGladrey's strengths is serving our clients with a ‘local touch,’" said Northeast Regional Managing Partner Tom Ferreira. "We're excited to welcome Sal, who brings with him deep expertise in the investment industry space, and who will provide the very highest level of service to our existing clients and actively expand our presence in this key market,” added Connecticut Office Managing Partner Tony Ceci.
Previously based in McGladrey’s New York office, Shah has provided services to the investment industry for more than 22 years, and has worked with a number of leading hedge funds, private equity firms, venture capital funds, fund of funds, mutual funds, collateral debt obligation funds and mortgage-backed assets trading and securitization companies. Prior to joining McGladrey, he served for 14 years with a Big Four accounting firm.
"Greenwich is unquestionably one of the major hubs in the world for the hedge fund and broker-dealer community," said Shah. "I'm excited to have the opportunity to be part of this community, work more closely with the tremendous McGladrey talent that already resides in Connecticut and help more funds understand the insight that McGladrey delivers."
Shah provides guidance to clients on matters concerning reporting, compliance monitoring, management and incentive fees, investor capital transactions, portfolio valuation, performance measurement, trade reconciliations and financial instruments, including exotic derivatives. He has a deep knowledge of investment strategies and valuation methodologies, due diligence, and general and operational evaluations.
As part of McGladrey's Financial Services Practice, the investment group serves more than 1,600 hedge funds/investment partnerships, fund of funds, investment advisers, broker-dealers and futures commission merchants clients across the country, more than 550 private equity group clients and more than 150 broker-dealers. Assets under management by the firm’s alternative investment clients range from under $25 million to over $10 billion.
The practice has dedicated partner-level resources in markets including New York, Chicago, Boston, Denver, Washington and Dallas. McGladrey serves international clients in the industry through its membership in RSM International, the sixth largest network of independent accounting, tax and consulting firms worldwide, with offices in more than 85 countries, including London, Dublin, Malta, Hong Kong, Mauritius and the Cayman Islands.
Shah can be reached at kislay.shah@
McGladrey LLP is the fifth largest U.S. provider of assurance, tax and consulting services, with more than 6,500 professionals and associates in 75 offices nationwide. McGladrey (http://www.mcgladrey.com) is a licensed CPA firm, and is a member of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. For more information, join our Facebook fan page at McGladrey News (http://facebook.com/
McGladrey LLP employs more than 150 professionals in its trio of Connecticut locations, with offices in Stamford, New Haven and Farmington. Throughout Connecticut and Westchester County, McGladrey serves hundreds of clients operating in the financial services, private equity, manufacturing, consumer products, food and beverage, real estate/construction and government sectors.