KPMG Appoints Deanna Flores National Tax Leader for Registered Funds and Investment Advisors

NEW YORK, June 19, 2014 (GLOBE NEWSWIRE) -- Deanna Flores, a 22-year veteran of the Investment Management industry, has been appointed National Tax Industry Leader for Registered Funds and Investment Advisors, for KPMG, the audit, tax and advisory firm.

Over the past two decades, Flores has focused on a wide range of tax matters, including those related to U.S. and non‑U.S. investment alternatives, domestic and cross-border financial products issues, and investor opportunities.

Flores leads the KPMG initiative related to cost basis reporting and co-leads the KPMG U.S. initiative related to the Foreign Account Tax Compliance Act (FATCA) for investment funds and asset managers.

"Deanna has played a key role in helping our clients navigate through the rapidly changing regulatory environment over the past few years and with her expanded role, she will drive many of our tax initiatives for our investment management clients," said Jim Suglia, National Leader, for Investment Management.

Prior to joining KPMG, Flores served as in-house general tax counsel to a global top-10 asset manager; in-house counsel to the leading industry trade association; and as an attorney in Washington, D.C., where she developed a practical understanding of the legislative and regulatory processes impacting Investment Management clients.

Flores joined KPMG in 2008. A graduate of San Diego State University, she earned a B.S. degree in Finance and a J.D. degree from George Washington University Law Center.

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.

CONTACT: Pete Settles KPMG LLP Office: (201) 505-6065 Mobile: (732) 546-4212 psettles@kpmg.comSource:KPMG LLP