KB Associates, an Ireland-based professional services firm offering ManCo, governance, regulatory and related consulting services, has reached an agreement to join the Waystone Group, subject to regulatory approval. KBA employs almost 100 consultants, advises over 250 international asset managers and supports investment funds with assets exceeding USD400bn. Mike Kirby, KBA founder and managing principal, will become executive chairman – Europe and a board member of the Waystone Group. Andrew Kehoe will become CEO of the Waystone Group in Ireland, with Barry Harrington and Peadar De Barra becoming managing directors of the combined Irish businesses.
Formed from a merger between DMS, MontLake and MDO, Waystone was launched in 2021 to create a provider of global governance and third-party ManCo services.