PwC has appointed Lachlan Roos as its new UK hedge fund leader, taking over from Rob Mellor who is stepping down after leading the hedge fund practice for five years.

Roos is a partner in the firm’s financial services tax division and has been with PwC since 2005. During this time he has built extensive experience working with hedge fund managers in London, New York and Asia on a multitude of issues, ranging from assisting the start-up industry through to mature corporate operational issues. 

He has been heavily involved in global deal activity across all hedge fund strategies.

“We are delighted Lachlan has agreed to lead our hedge fund practice and look forward to the huge contribution, momentum and growth he will bring to the practice and to our clients after working so closely in the sector over his time in the industry,” said Mark Pugh, UK asset management leader at PwC.

“It's an extremely exciting time to be leading the team, with hedge funds’ global stakeholders - from regulators to tax authorities to investors - demanding complete transparency," said Lachlan Roos, UK hedge fund leader at PwC. 

"As such, we are in an environment where the complete hedge fund operating model needs to be assessed, and PwC's hedge fund team is well placed to help our clients prepare for the future.”