30+ years of international tax experience, specializing in the Asia–Pacific region
Expert in international M&A, private equity, credit, real estate, and fund formation
Hong Kong
@alvarezmarsal
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Adam Williams is a Managing Director with Alvarez & Marsal Tax in Hong Kong. His areas of focus are private equity, credit, and real estate funds in the Asia–Pacific region, as well as limited partner (LP) and joint venture direct investing.
Mr. Williams is a senior tax professional with more than 30 years of experience in the Asia–Pacific region. He has advised on deal structuring and due diligence for hundreds of M&A transactions, including U.S. tax aspects, across multiple jurisdictions.
Mr. Williams also brings significant industry knowledge in relation to all aspects of private funds, including fund formation and fund structuring, as well as sovereign wealth fund and LP investors. He has extensive experience in advising the entire front-to-back product life cycle for private funds, including fundraising, subscription documentation, fund formation, acquisitions, deal documentation, co-investments, due diligence, reporting and compliance, tax audits, valuations, reserves, transfer pricing, refinancing, restructuring, corporate governance, and legal entity management.
Prior to joining A&M, Mr. Williams spent 10 years with EY in Hong Kong as a Financial Services Tax Partner and Asia–Pacific Private Equity Tax Leader. Previously, he was the Head of Tax for Asia in the Private Equity, Real Estate, and Infrastructure Funds practice at Morgan Stanley for approximately 10 years.
Mr. Williams earned a bachelor’s degree in law and economics (concentration in accounting) from Monash University and an LLM in tax from The University of Melbourne. He was admitted to practice law as a barrister and solicitor of the Supreme Court of Victoria, Australia.
The Hong Kong Government gazetted the long-awaited Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (the “Bill”) on 12 June 2026. The Bill proposes enhancements to the existing preferential tax regimes for funds, family owned investment holding vehicles (“FIHVs”) managed by single family offices and the carried interest concession.
The Hong Kong Government gazetted the long-awaited Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (“2026 Amendment Bill”) on 12 June 2026. The 2026 Amendment Bill introduced positive enhancements to the existing preferential tax regimes for funds, family owned investment holding vehicles (“FIHVs”) managed by single family offices, and carried interest.
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