| | FTI Consulting has
launched its
London-based European
restructuring advisory
practice with the hiring
of 11 restructuring
professionals with
significant experience
and proven reputations
in the European
marketplace. The
practice provides
financial and
operational solutions to
a broad range of
stakeholders, including
senior and junior debt
providers, shareholders
and corporations, and is
part of FTI Consulting's
restructuring practice
in the US.
The London team is
led by senior managing
directors Kevin Hewitt,
Paul Inglis and David
Morris, who were | |
|
| | formerly partners within
Ernst & Young's
restructuring practice.
The introduction of this
practice marks a key
step in the company's
plans to build a
European restructuring
practice with
complementary
transaction advisory
capabilities.
Dominic DiNapoli,
executive vice president
and chief operating
officer of FTI
Consulting said, "We are
excited to have Kevin,
Paul, David and the
wider team on board.
They are local market
leaders with excellent
reputations and the
experience and
relationships necessary
to generate new
opportunities for growth | |
|
| | going forward. The FTI
European restructuring
practice promises the
market a credible new
alternative with greater
flexibility and fewer
conflicts than its major
competitors."
He added: “With the
FD acquisition, FTI
extended its presence
into many of the key
business and financial
centres in Europe. Our
London-based
restructuring practice
takes this one step
further by broadening
the range of solutions
that we are able to
bring to clients. Europe
is an important area of
growth for us and we
believe that we have the
right team in place at
the right time to
capitalise on this | |
|
| | potential."
Hewitt, senior
managing director of the
European restructuring
practice, said: "I am
delighted to be
launching with a team of
13 senior restructuring
professionals who are
already taking on
assignments. We have
adopted a flexible
business model allowing
us to bring the most
appropriate team and
resources to an
assignment to drive the
implementation of
restructuring solutions.
The strength of our team
will be enhanced by the
deep talent pool of FTI
professionals as well as
key strategic alliances
that will allow us to
immediately draw on
industry expertise and | |
|
| | the capabilities of
other transaction
advisory professionals."
He added, "We will be
hiring new talent into
our business and looking
at potential
acquisitions to
accelerate our European
growth strategy. My
sense is that the key
restructuring talent in
the market is giving
serious consideration,
now, as to where they
want to be positioned
when the current credit
cycle comes to an end.
Our launch is therefore
very timely in offering
a real differentiated
choice in the market."
| |
|
Previous Page 