London, 18th October 2022 – Leading global professional services firm, Alvarez & Marsal (A&M), has opened a new office in the British Virgins Islands (BVI), which will be led by newly-appointed Senior Director, Wesley Edwards, a licenced BVI Insolvency Practitioner. This builds on the strong growth of A&M’s Restructuring practice globally, following the opening of a new office in Edinburgh and the expansion of an existing one in Glasgow last month.

Mr. Edwards brings more than 30 years of experience managing all types of formal and informal insolvency procedures, specialising in international and cross border engagements with a focus on forensic investigations, asset tracing, fraud investigation, litigation and identifying money laundering. He joins from Begbies Traynor, where he headed up the firm’s BVI office between 2016 and 2022. Prior to this, he was a Director for KRyS Global in Bermuda and the BVI for four years.

At A&M, Mr. Edwards will work closely with practitioners in London, the Cayman Islands and Hong Kong on restructuring and insolvency cases with entities registered in BVI.

Richard Fleming, Managing Director, and Head of Restructuring in Europe said: “Our expansion to the British Virgin Islands is the natural next step for our growth as a firm, amid rapid expansion throughout Europe. By having boots on the ground, A&M will be able to support our clients’ diverse range of needs as they face a looming recession and worsening global corporate distress in the coming months. It is fantastic to have Wesley on board, who brings significant insolvency experience in multiple jurisdictions."

Mr. Edwards commented: “Having followed A&M’s journey over the years, now is an exciting time to be joining the firm, following a period of exceptional growth. As a market-leader, A&M provides clients with high-quality, independent advice on the most complex cases. Having recently received my new Insolvency Practitioner License in the BVI, I’m ready to hit the ground running with client work.”

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 6,500 people across four continents, we deliver tangible results for corporates, boards, creditors, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.