KB Associates has announced the opening of its New York office. The new office, to be headed by John Pagano, will advise US-based managers wishing to establish funds to target European investors. This will include providing advisory and project management support both to managers establishing fund vehicles in Europe and also to those re-domiciling existing offshore funds into Europe.

KB Associates was founded in Dublin in 2003 and provides a range of advisory and project management services to asset managers of UCITS Funds, Hedge Funds and FOHFs.

John Pagano, who joins from Skandia Securities, has many years experience in the offshore funds environment and brings particular expertise in the structuring and compliance issues relating to the establishment and ongoing operation of UCITS funds.

Mike Kirby, Principal of KB Associates commented, “We are delighted to welcome John Pagano and feel fortunate to have someone with such in depth UCITS product knowledge join us, particularly as the degree of regulatory change taking place in both Europe and America is making UCITS an agenda item for an ever increasing number of Managers.”