PwC appoints head of new Alternative Investment Funds legal offering
PwC has appointed David Selden as partner to lead its Alternative Investment Funds (AIF) team’s new legal business.
Selden has joined PwC following 15 years, ten as partner, at US law firm Fried Frank. He brings experience of working on a variety of investment management and securities law matters across jurisdictions and asset classes, with emphasis on private investment vehicles, including hedge funds, private equity funds and real estate funds.
At PwC, Selden will provide the experience and credentials to support the firm in creating a new integrated tax, legal and regulatory service offering to AIF managers, investors and service providers as part of PwC’s market leading tax team.
Marc Susgaard-Vigon, partner and lead for PwC’s AIF business, says: “We’re thrilled to have someone of David’s experience and expertise leading this new part of the business. This will be a truly distinctive offering for a firm such as PwC. We are extremely fortunate to have a hugely experienced partner moving from a market leading US fund formation specialist law firm to lead, build and develop this team.”
Ed Stacey, head of legal at PwC, says: “David's appointment underscores our commitment to growing a differentiated Financial Services legal practice, through bringing together deep technical expertise together with the innovation and technology of our NewLaw offering.”
David Selden, partner and lead for PwC’s AIF legal business, adds: “I am delighted to be joining the outstanding professionals at PwC in creating this unique service offering for fund industry participants. Our clients will benefit immensely from PwC’s multi-disciplinary service that provides access to a combination of tax, legal and regulatory expertise across our global network.”