People Moves

KB Associates opens in London, hires Chapple

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Dublin-headquartered asset management consulting firm KB Associates has set up shop in London and recruited Philip Chapple, formerly of London-based distressed debt hedge fund Ironshield Capital Management, as executive director.

The firm’s new Mayfair office will advise managers seeking to set up regulated funds on operational issues, including providing advisory and project management support to those that are re-domiciling funds into Europe. The firm is also considering opening a New York office in the coming months.

KB Associates covers UCITS funds, single-manager hedge funds and funds of funds, with a particular focus on Irish-domiciled vehicles.

“The decision to establish