Crowe Strengthens Private Equity, Venture Capital and Hedge Funds Services

Crowe LLP, a public accounting, consulting and technology firm in the U.S. with offices around the world, has expanded its tax service capabilities serving clients in the private equity, venture capital (VC) and hedge fund space with the recent addition of two new partners to the firm, Gev Khan, CPA, MBA, and Eric Evans, CPA. These new hires build on the firm’s recently announced expansion of private equity service offerings in Los Angeles and Boston. 

Khan joins Crowe with more than 13 years of experience at multiple Big 4 and national accounting firms, most recently serving as an executive director at EY. His work includes evaluating client’s current business structure in response to global intangible low-taxed income (GILTI), CFC attribution rules, Section 245A (deduction for foreign source-portion of dividends received by domestic corporations and rules related to hybrid transactions and entities) and limitation to the deduction of business interest expense. He also works with clients undergoing mergers and acquisitions (M&A) to remodel their current business structure to meet specific federal and state compliance obligations and help tax-exempt and foreign investors limit their exposure to unrelated business taxable income (UBTI) and effectively connected income (ECI), respectively. As part of his transition to Crowe, Khan relocated to New York City from the San Francisco Bay area. 

“New York is the financial epicenter of the world, so it is the perfect location to further expand Crowe’s specialty tax consulting work with private equity groups, venture capital and hedge funds,” said Khan. “Relocating to this key economic market will not only allow me to better serve private equity partners with their tax compliance needs across all facets of the deal cycle, but also is an incredible opportunity for me to help grow a team in a city the firm is investing in.”

Evans comes with 15 years of experience – most recently as a tax partner at Salt Lake City-based WSRP, LLC, and before that with PwC. He brings with him focused knowledge as an M&A tax consultant and provides assistance at any stage of the deal cycle, including specialized experience with regards to Section 1202 qualified small business stock (QSBS) tax planning and structuring for funds. In addition to serving fund clients, Evans also serves clients in real estate, technology, manufacturing, retail and energy, and is the first Crowe tax partner based in Salt Lake City. 

“Many VC and investment funds are overlooking a very technical but advantageous provision for acquisitions they aren’t holding long-term, so I’m excited to help Crowe’s clients structure their holdings in a more beneficial way,” said Evans. “From a personal perspective, I’m energized to be joining a forward-looking firm that is clearly grounded in its values and puts its people first. Salt Lake City has an extensive talent pool that will be drawn to Crowe culturally, so we’re opening the door to tremendous growth opportunities in the area.” 

“Gev and Eric joining Crowe continues the momentum we’ve been building in the private equity and fund space, and I’m thrilled to be able to offer such specialized and nuanced tax consulting services to this industry,” said Nicole Bencik, managing partner of Crowe tax services. “Further, their hiring illustrates our commitment to expanding our personnel and services in prominent geographies to better serve our clients.”