American public schools are vastly behind in modernization - with annual expenditures of more than $750 billion, they have manually complicated operations—from financial workflow to human resources to business analytics, and too many rely on analog processes in a digital world.
Luckily, the path to modernization has become easier thanks to the Elementary and Secondary School Emergency Relief Fund (ESSER) provided during the pandemic. This package totaled $190 billion in federal stimulus funding—the equivalent of $3,500 for every American schoolchild.
In a recent article for EdSurge, Managing Director Erin Covington shares the official guidelines on how the ESSER funding can be used, which has led to questions about how the dollars are being spent and accounted for. But there is a strict deadline. Erin says, “Schools must tap into ESSER no later than September 2024, which means the race is on for schools to find ways to use the money before they lose it.”
Read the full article here.
Alvarez & Marsal advises the promoters of Asian Institute of Medical Sciences on securing private credit from 360 ONE Asset Management
June 19, 2026
Alvarez & Marsal (A&M) acted as the exclusive financial advisor to the promoters of Blue Sapphire Healthcares Private Limited, the operator of Asian Institute of Medical Sciences (AIMS), on securing private credit from 360 ONE Asset Management. The capital will enable the promoters to consolidate their shareholding in the business.
Alvarez & Marsal builds restructuring and turnaround expertise in Italy with two senior hires
June 19, 2026
Sector experts Claudia Lotti and Francesco Leone join as Managing Directors to co-lead A&M’s Financial and Operational Restructuring team in Milan
Activist pressure starts with underperformance
June 18, 2026
Shareholder activism is accelerating, and the root cause is consistent: sustained operational underperformance relative to peers. In a feature for CFO.com, A&M Managing Director Ron Orsini outlines a more disciplined path: close performance gaps early, build a credible value creation plan, and retain control of your strategy before activists define it for you.
Alvarez and Marsal advises on landmark $9bn UK Restructuring Plans for New Fortress Energy
June 18, 2026
Alvarez and Marsal acted as financial advisor to NFE on its landmark UK Restructuring Plan, following sanction by the High Court of England and Wales of two inter-conditional Restructuring Plans under Part 26A of the Companies Act.
