KB Associates, a consulting firm to the asset management community, has appointed Phillip Chapple as executive director.

He joins Claire Cawley in the new London office.

Chapple will help to set up and grow the London office, and develop the KB product range by offering hedge fund start up consultancy, due diligence advisory, re-domiciliation planning and infrastructure review services in the London alternative investment market.

Chapple has been involved in the financial services industry since 1997 and joins from Ironshield Capital Management where he was chief operating officer.

Previously he was chief operating officer at Ibis Asset Management, a USD10bn family office, and held earlier roles in the prime brokerage/alternatives sector.

Mike Kirby, principal of KB Associates, says: “This senior hire underpins our commitment to the London market where we see strong growth potential, particularly assisting managers with operational set up and system selection. Phillip brings a wealth of experience to our alternatives business and in his previous roles has been responsible for the establishment of numerous hedge fund and private equity structures.”