Accounting
- Accounting policies and technical accounting support
- SEC-compliant financial statement support
- Oversight and monitoring of fund administrators
- Shadow administration services
- High-risk reporting support
- Core audit services
KPMG offerings for the private credit market
KPMG offers a full suite of services and products to meet the specific needs of the private credit market.
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The private credit market, which can be an attractive alternative to traditional bank lending, has experienced accelerated growth in recent years. Within the private credit ecosystem, a broad array of specialized investment vehicles—including business development companies (BDCs) and collateralized loan obligations (CLOs), to name a few—provide fund managers and investors potentially significant risk-adjusted returns and diversification benefits.
KPMG is pleased to offer a full suite of services and products to meet the specific needs of this specialized market.
Explore our services
Tax Consulting
- Tax structuring, policy, and election; shareholder reporting; and structuring consultation
- Regional investment company qualification consultation
- Tax impact of anticipated portfolio investments
- Coordination with required timing for nontax requirements (SEC, state rules)
Tax Compliance
- Tax provision and financial reporting
- Tax return preparation and filing (federal, state, informational, and foreign)
- Annual and quarterly regulated investment company qualification testing
- Shareholder reporting
Internal Audit and Controls
- Current state documentation and remediation design of key financial reporting processes and controls
- Design SOX governance framework
- Quarterly and annual testing services
- Assess and prepare SOX BDC compliance capability (302, 905, 404)
Operations and Technology
- Current/future assessment (people, process, technology, data)
- Prescriptive on industry practices to remediate operation gaps
- Operational readiness support (procedural and fallback documentation)
- Implementation services (system, business analyst, integration, and infrastructure support)
- Developing a target operating model
- Vendor/systems selection
Valuation Services
- Valuation policies and procedures gap analysis/documentation
- Workflow and process efficiency technology solutions and tools to enhance data access, reporting, and analytics
- Supplement existing valuation process, co-sourcing services, model build, and valuation assistance
- Third-party independent valuations and/or positive assurance
Product offerings to meet your business goals
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Core Due Diligence
Due diligence for lenders traditionally focuses on three key areas:
- Asset-based due diligence
- Securitization due diligence
- Cash flow due diligence
The value our KPMG team brings to clients includes:
- Real-time feedback during the underwriting process
- Ability to leverage proprietary analytical and benchmarking tools to drive deal insights
- Working at deal speed to meet tight deadlines
- Large resource pool available for multinational transactions with decentralized operations
- Access to subject matter professionals throughout KPMG on emerging issues impacting lenders and borrowers
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BDC Launch Services
KPMG can support the launch of a BDC throughout the pre-filing and pre- and post-launch phases, providing expertise and support in these key areas:
- Accounting
- Tax
- HR, legal, compliance, investor relations
- SOX
- Operations and technology
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CLO Solutions
Our Tax, Advisory, Accounting, Technology, and Risk Assessment Services teams assist clients throughout the CLO lifecycle. Our CLO services include:
- Agreed-upon procedures (AUP) services
- Tax services
- Advisory services
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Turnaround and Restructuring
When your company is faced with challenging times and complex decisions, KPMG’s Turnaround and Restructuring professionals can help you navigate options with the following wide-ranging business and planning solutions:
- Turnaround and Restructuring
- Corporate Finance
- Tax Restructuring
- Valuation
- Accounting Advisory
- Transaction Services
- KPMG ForensicSM
Dive into our thinking:
Meet our team
Michael J. Abbate
Partner, Audit, KPMG
Patrick Brooks
Partner, Tax, BTS - Asset Management, KPMG US
Gavin Geminder
Advisory Sector Leader - Private Equity, KPMG US
Michael J. Abbate
Partner, Audit, KPMG
Patrick Brooks
Partner, Tax, BTS - Asset Management, KPMG US
Gavin Geminder
Advisory Sector Leader - Private Equity, KPMG US