London, 23 January 2022 – Global professional services firm Alvarez & Marsal (A&M) continues the expansion of its Debt Advisory practice in Europe with the appointment of Thibaud Parayre as a Managing Director and Tom Paterson as a Senior Director in the London office. They join a rapidly growing EMEA practice.

Mr Parayre brings more than 25 years’ experience in the leveraged finance market and will bolster the Debt Advisory team’s private credit capabilities, bringing with him a strong network in the industry across Europe.

Prior to joining A&M, he was a Senior Managing Director at GSO Capital Partners International for two years. Before this, he established and led his own capital market advisory business, Capital Markets Initiative (CMI), specialising in the European LBO market. Between 2009 and 2017, CMI completed 65 financing mandates and was involved in more than 200 financing situations. Mr Parayre spent much of his earlier career in banking, including as a Managing Director and Co-Head of European Leveraged Finance Capital Markets at Credit Suisse in London.

Mr Paterson spent 10 years at AlixPartners, where he was Head of Debt Advisory. During this time, he advised corporate and private equity clients on capital markets, leveraged and structured finance, real estate finance, ABL and special situation refinancing. Mr Paterson has particular experience in the hospitality and leisure sector, including hotels, restaurants and bars.

Tim Metzgen, Head of Debt Advisory at A&M, said: “Thibaud and Tom have deep experience across the full breadth of Debt Advisory capabilities and will help us to further support our clients as they access the finance needed in an increasingly challenging environment. I am very excited about the experience that Thibaud and Tom bring to the A&M business and for the continued growth of debt advisory in the EMEA region for our private equity and corporate clients.”

Thibaud Parayre, Managing Director, said: “It is an exciting time to join A&M as the team continues to grow. The firm’s independent and entrepreneurial approach, with a bias towards action, was integral to my decision to join A&M.”

Tom Paterson, Senior Director, added: “There is currently significant volatility in the debt markets. As a result, debt raising is consuming significantly more management bandwidth with much less certainty on the outcome. A&M provides the perfect platform to support clients in taking action sooner rather than later to navigate current market challenges.”

CONTACT:     Ellen Johnson,  Headland Consultancy, +44 (0)79 0185 3673

                       Roshni Digwa,  Alvarez & Marsal, +44 (0)79 5891 5639

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.

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