Alvarez & Marsal appoints Jones and Stratton as Asia co-heads
Alvarez & Marsal, the New York-headquartered professional services firm appointed Thomas L.Jones, MD at the firm, and Oliver Stratton, former head of Bain & Co.’s Hong Kong office, as co-heads of the firm’s business in Asia, in the wake of increasing business opportunities in the region.
Both Jones and Stratton are based in Alvarez & Marsal’s Hong Kong office. Jones began his career at JPMorgan, spending 20 years with the bank and leading some of its first LBOs, including its first private equity investment, according to A&M. Jones has been managing director at the firm, where, since October 2008, he has been the head of Asia on the Lehman Brothers bankruptcy case.
Meanwhile, Stratton has more than 20 years of experience in consulting and private equity in Asia, having spent two decades with Bain & Company, where he helped to establish Bain’s offices in Hong Kong and Seoul, and also served as head of the Hong Kong office for five years. Before Alvarez & Marsal, Stratton served as an MD with Candover, where he helped establish the firm’s private equity business in Asia.
Founded in 1983, Alvarez & Marsal specializes in performance improvement, turnaround management and business advisory services.
More on People
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.