D&T losses to KPMG

Deloitte & Touche has lost a core of its transaction services team to KPMG’s private equity business. Four new partners have joined KPMG, plus their team members which brings the total number of hires to 16.

The four partners, Rustom Kharegat, Helen Pratten, Robert Ohrenstein and John Oldcorn, are all transaction services practitioners with a track record of advising private equity clients in the European leveraged buyout market. Before joining KPMG, the four were partners at Deloitte, and prior to that all were at Andersen, which Deloitte acquired the UK businesses

of in 2002. Rustom Kharegat was previously partner responsible for UK and European private equity transaction services. He is now global head of large leveraged buyouts at KPMG.