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Alvarez & Marsal plunders Deloitte to erect local restructuring unit

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After PwC, it is Deloitte’s turn to lose its top restructuring deal makers.

Street Talk can reveal that New York’s Alvarez & Marsal has lured Deloitte restructuring heavy-hitter Jason Tracy to its ranks, as it seeks to kick off a local restructuring unit amid its assault on the Australian deal making scene.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/alvarez-and-marsal-plunders-deloitte-to-erect-local-restructuring-unit-20241205-p5kw4k