Brad Ackerman has joined Kinetic Partners’ New York office as a director within the consulting team.
In his new role, Ackerman will support the existing due diligence team and further develop the global alternative investment operational due diligence service offering to investors.
An increasing number of investors are ensuring that detailed compliance and regulatory framework reviews are undertaken as part of the operational due diligence (ODD) process. Together with a focus on ensuring the independence of fund directors, ODD skills are increasingly in demand.
With more than 20 years working in financial services, Ackerman joins Kinetic Partners from Hull Capital Management, an investment management firm running a special situations focused fund of hedge funds. During his time at Hull Capital Management, he developed and managed the firm’s operational due diligence process, in addition to serving as both chief operating officer and chief compliance officer.
Prior to this, Ackerman led the deal team for a family office venture capital fund making early stage investments in technology companies. As part of this role, Ackerman was both an observer and member of the Boards of Directors of privately held companies on behalf of the family office.
Monique Melis, global service line head of consulting, Kinetic Partners, says: “We are pleased to welcome Brad to our New York office and to the global consulting team. His experience in operational due diligence will be key to the continued expansion of our services in this area, especially given that investors increasingly seek assurance that fund managers are prepared for upcoming global regulatory demands on their operations.”