Alvarez & Marsal has added nine senior professionals to its private equity performance improvement unit: Ron Bernard and Stephen Griffin as managing directors in New York and Boston, respectively; Joel Mostrom as a senior director in New York; Paul Kosturos as a director in San Francisco; and Fabiana Fakhoury, Simon Flax, Jeffrey Klein, Jennifer Kim and Daniel Schellenberg as directors in New York. Bernard previously was president of LWB Media Consulting, while Griffin was founder of G5 Capital.
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LONDON (Reuters) – Turnaround consultancy firm Alvarez & Marsal (A&M) said on Monday it had created a new European M&A advisory team to cater for growing demand for specialist advice on takeovers of distressed companies. The move, which sees 12 new advisers join the firm, underscores expectations of a bumper year for deals involving companies [...]