Shawn Pride, the founder and chief executive officer of P & L Consulting Group, along with her former team, have joined Ernst & Young’s Financial Services Group. In her new role, Ms. Pride will lead the US advisory services for private equity firms.
P & L Consulting Group was a boutique advisory company focused on fund administration system selection, implementation and design for private equity firms, as well as other alternative investment managers.
Ms. Pride has 15 years’ consulting experience, including 13 years’ advisory experience working with private equity fund managers. She began her career at Accenture and will now be a principal in Ernst & Young’s FSO Advisory practice. She will be based in Ernst & Young’s New York offices.
“Joining Ernst & Young offers us a better platform to effectively address the changing and complex needs of private equity fund managers,” said Ms. Pride. “This is a great opportunity to be with an organization that has a similar perspective and commitment to the market.”
In addition, Steven Boydstun, who was most recently P & L Consulting Group’s president, will also join Ernst & Young’s FSO practice. He has more than 20 years of technology strategy and system implementation experience. Mr. Boydstun will serve as an executive director based in Dallas.
“The P & L Consulting Group’s arrival at Ernst & Young comes at a pivotal time in the industry − a point where asset management operating models, including private equity, must adapt to fast-changing business, investor and regulatory demands,” said Carmine DiSibio, Vice Chair and Managing Partner, Financial Services, Ernst & Young. “Shawn’s leadership, and the collective talent of the team, will enhance our ability to assist clients in improving the production, management and deployment of information across their enterprise.”
© 2013 PEPD • Private Equity’s Leading News Magazine • 3-25-13