Michael Rudnicki, a partner in KPMG’s South African Corporate Tax practice, has taken over as the firm’s regional Head of Private Equity following Warren Watkin’s decision to pursue other interests within the audit and consulting firm. He took up his appointment on September 1st, 2015, according to a statement released last week.
“I am delighted to be appointed head of KPMG’s PE business in South Africa,” said Rudnicki in the statement. “I hope that my experience in providing tax advice coupled with my technical expertise will be instrumental in helping the Firm deliver the full potential form our business.”
As the head of the firm’s Financial Services and M&A Tax and Legal practice in South Africa, Rudnicki advises many of the dominant local and international private equity firms, their portfolio companies as well as local and international banks. He has advised many private equity firms on establishing local and offshore funds, as well as buy-side and sell-side due diligence, tax structures for acquisitions and disposals and modelling optimal gearing levels and interest deductions.