| | 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 | |
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| | 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 | |
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| | 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."
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