• Type: Press release
  • Date: 12/3/2013

KPMG International announces the establishment of investment fund KPMG Capital 

KPMG Capital has been formed to accelerate innovation in data and analytics, in order to provide member firms clients with richer insights to address critical business issues.

23 global member firms, including KPMG in Russia and CIS have invested in KPMG Capital. The fund will invest in, partner with and acquire organizations that specialize in Data & Analytics (D&A) tools and assets, as well as internal solutions. This is a unique form of investment vehicle among the Big-4 firms. Combining that expertise with the global reach of the KPMG network, existing D&A capabilities and deep insights, KPMG Capital will work to unlock new thinking to address the most pressing business challenges and deliver new solutions to market more quickly.

The use of D&A has become a critical business priority as companies try to derive value from the vast amounts of data now available to them. Furthermore, a new KPMG survey of business leaders from many of the world's leading companies found that an overwhelming 96 percent believe their company is not currently using D&A effectively.

“Our new research shows that business leaders recognize the tremendous importance of D&A to business growth but feel they need more support to develop effective solutions,” said Mark Toon, CEO of KPMG Capital and global lead for KPMG's D&A practice. “KPMG Capital will enable us to develop or acquire opportunities in D&A quickly. Through partnerships with technology and service providers, strategic partners and other third parties, we aim to accelerate innovation in D&A to bring potential solutions to clients – and to the market – faster.”

Sean Tiernan, Partner, CIS Head of Advisory, notes: “D&A is part of our core competency, and KPMG Capital is a key part of our wider global D&A strategy. With the capabilities provided by new technology partnerships, strategic alliances and the recruitment of top talent, KPMG member firms will help clients solve critical business challenges in such areas as revenue assurance, fraud and risk management, cost optimization and cash management. KPMG in the CIS has proven D&A solutions including forensics, treasury and financial services, and we will continue to invest in these and new offerings to provide our clients with better insight from their data.”

About KPMG in Russia and CIS

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries with more than 162,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.


KPMG has been operating in Russia more than twenty years. For the last years KPMG in Russia and the CIS has been one of the fastest growing practices in KPMG worldwide.


In the CIS, KPMG now has offices in Moscow, St. Petersburg, Yekaterinburg, Kazan, Nizhny Novgorod, Novosibirsk, Rostov-on-Don, Krasnoyarsk, Perm, Almaty, Astana, Atyrau, Bishkek, Kiev, Lviv, Yerevan, Tbilisi and Baku, employing together over 4,000 people.

Media contacts

For any media enquiries or interview requests contact our media team at or Sabina Kasparova, Manager, PR & Communications, KPMG in Russia and the CIS, at +7 (495) 937 4477 (ext 14264), +7 (968) 6911037 or