Alvarez & Marsal expands opening new office in the Cayman Islands
Professional services firm has expanded its global footprint as it recently opened a new office in the Cayman Islands.
The expansion is expected to benefit clients by strengthening the reach of A&M’s U.K. based and bolstering the firm’ssoft wind-down and advisory offering.
Alex Lawson is to head up A&M’s operations in the Cayman Islands, along with Chris Kennedy, as Managing Director, and Barry Lynch, as Senior Director.
The trio supported by other staff will provide a full service of offerings for alternative investments restructuring for corporates, institutional investors, hedge funds and private equity (PE) firms.
A&M Cayman Islands office complements the firm’s ability to work on restructuring engagements in parallel tracks with the U.S., U.K., Europe and Hong Kong
As at June 2017, the Cayman Islands Monetary Authority reported total international assets and liabilities of US$1.026 trillion and US$1.027 trillion, respectively.
“Restructuring advisory is at the cornerstone of A&M’s operational heritage. The Cayman Islands is the fifth largest financial jurisdiction in the world. Our expansion here, and plans for growth, demonstrates our continuing commitment to meet our clients’ complex, international restructuring needs, related global valuation demands, as well as disputes and investigations concerns,” said Bryan Marsal, A&M’s Co-Founder and Chief Executive Officer.
Alvarez & Marsal also offers advisory support in the areas of performance improvements, tax, disputes and investigations, valuation, compliance, private equity, and crisis management.