Alvarez & Marsal hires Andy Murray and Prasam Patel

Skilled providers agency Alvarez & Marsal has introduced two senior hires in its UK tax workforce. Andy Murray and Prasam Patel each be part of as managing administrators.

Remarking on the appointments, Marvin Rust, managing director at Alvarez & Marsal UK’s tax wing, stated, “We’re actually happy to welcome Andy and Prasam to the A&M Tax household. The expansion that the tax advisory workforce has skilled in recent times is one thing we’re actually happy with, and we stay up for working carefully with them to supply strategic tax steering of their respective areas as we additional improve our general providing”.

Previously referred to as Taxand, Alvarez & Marsal Tax (A&M Tax) is an unbiased tax group affiliated with world skilled providers agency Alvarez & Marsal. Consisting of skilled tax professionals, devoted to offering customised tax recommendation to shoppers and traders throughout a broad vary of industries, the agency provides shoppers a alternative in advisors who’re free from audit-based conflicts of curiosity, from the US, in addition to within the UK from its base in London.

Patel and Murray’s wealth of experience not solely bolsters A&M Tax’s capabilities but additionally positions it to ship distinctive providers to shoppers on a world scale. They convey greater than 40 years of expertise to the agency between them.

Murray has greater than 25 years’ expertise in worldwide tax, tax coverage and funding banking, with a major concentrate on M&A transactions and personal credit score markets. He works with shoppers within the different credit score, vitality, telecommunications and retail sectors advising stakeholders on the worldwide tax implications of their industrial operations. Previous to becoming a member of A&M, Murray was a managing director at Kroll, the place he led the transaction tax apply within the EMEA area – and not too long ago suggested a €10.5 billion different credit score fund on restructuring a number of of its distressed lending positions, together with authorized enforcement and conversion of its debt positions.

Commenting on his choice to affix A&M, Murray, famous, “A&M’s pedigree and impressive progress plans in a difficult market is what units it other than rivals. While others have been placing the brakes on, A&M has proactively employed and assembled a workforce of remarkable senior and skilled advisory professionals. I’m delighted to affix the workforce and stay up for utilising my expertise to additional improve A&M’s providing within the personal credit score and company restructuring house.”

Patel in the meantime brings over 17 years of expertise in actual property and infrastructure tax, advising traders and builders to assist full offers, enhance tax effectivity and handle danger. He specialises in supporting shoppers to know and make selections on danger areas, significantly throughout industrial negotiations, in addition to structuring their holdings throughout a spread of actual property sectors together with residential, industrial and healthcare property. Previous to becoming a member of A&M, Patel spent just below 10 years with Mazars, main the agency’s UK actual property providing – and helped develop the nascent companies throughout a number of areas – each tax and non-tax.

Patel added, “Because the tax panorama continues to evolve, shoppers are confronted with rising complexity in tax issues and require assist on a spread of points from structuring and effectivity to danger and compliance. Becoming a member of A&M presents an thrilling alternative to collaborate with a dynamic workforce of extremely skilled, sector particular consultants and supply modern options to our shoppers as they navigate this evolving panorama.”