KPMG's Infrastructure and Real Assets Team moves to StepStone

Global private markets adviser and asset manager StepStone has announced that KPMG's infrastructure and real assets team will be joining the firm.

James O'Leary, head of the KPMG team, will become the head of StepStone infrastructure & real assets. Prior to KPMG, O'Leary was head of Colonial First State Global Asset Management's real assets platform.

Commenting on the appointments, StepStone CEO Monte Brem said: "We are very excited to welcome the team from KPMG. This is an exceptionally experienced and deep group, which shares StepStone's mission of providing investment solutions that are tailored for the specific needs of each institution. Building an exceptional infrastructure and real assets investment platform is a top priority for StepStone. The combination of James O'Leary's team and the existing StepStone team greatly enhances our ability to provide the full scope of solutions that institutions are demanding to build their infrastructure and real assets investment portfolios."

O'Leary said: "The combination of our team's expertise and global institutional relationships and the strong infrastructure and real assets platform that already exists at StepStone will ensure that we can continue to provide institutions with market leading infrastructure and real assets investment solutions."