MG Stover, a full service alternative investment fund accounting and administration firm, has appointed Seth Altman (pictured) as director of hedge funds and family offices.
The firm has also promoted Josiah Reich, previously the director of hedge funds and family offices, to chief financial officer.
Altman will join MG Stover’s senior management team and will lead firm’s growth and client service initiatives specific to its hedge fund and family office clientele.
Altman has 12 years of experience in the alternative investment industry. He began his career at Deloitte & Touche in New York City where he audited banks, broker-dealers and alternative investment funds. In 2007, Altman joined Glenview Capital Management, a multi-billion-dollar hedge fund, in their accounting and finance department. He ventured back to public accounting in 2009 becoming a manager with Rothstein Kass and subsequently senior manager at KPMG. During his time at Rothstein Kass he was an integral part of improving firm-wide best practices and helped lead the integration of the Denver Rothstein Kass and KPMG offices.
In 2015, Altman joined Lazarus Management, a Denver-based hedge fund, as chief financial officer. At Lazarus, he was in charge of the day-to-day operations of the funds as well as general partner and management companies.
“I am excited that Seth has accepted our offer to join the team and look forward to working with him as we seek to continually improve our service offerings,” says Reich. “With the addition of Seth’s talents to our team we will be well positioned to continue growing the hedge fund and family office practice in the future. As CFO I look forward to working with our client services teams as we continue to develop a world-class fund services platform.”
“We are entirely focused on building a talented fund administration team that will deliver exceptional client service,” says Matt Stover, CEO of MG Stover & Co. "Seth comes to the firm with extensive technical experience as CFO at a hedge fund and years of experience auditing alternative investment vehicles. His skills will benefit both our firm and our clients greatly as we seek to provide our clients with the best possible resources to help them grow. I’ve known and worked with Seth for a number of years and am excited that we have someone of his calibre to continue leading our hedge fund and family office practice.”
