Close Brothers, an independent corporate finance adviser, has appointed a new director, Luke MacKenzie, to its European restructuring and debt advisory group to focus on originating and executing debt advisory and restructuring mandates in the real estate sector. MacKenzie joins from CB Richard Ellis Real Estate Finance (CBRE), where he advised buyout groups participating in asset backed acquisitions; investment funds on equity raisings for real estate investments in the UK and Europe; and advised clients on the identification of direct property investments throughout Europe. Prior to CBRE, MacKenzie spent two years at venture capital firm, Foundation Capital Partners, and before that he worked at Morgan Stanley. MacKenzie is the fifth senior hire that Close Brothers has made in 2008 and forms part of the continued expansion of its European restructuring and debt advisory group.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.