Mr. Nestel has worked extensively for all the major banks and financial institutions, as well as private equity, including in carve-outs of financial services platforms and sale and purchase of credit books. He has played a major role in significant financing transactions, including numerous high-profile privatisations and infrastructure projects, most recently in energy, transportation, non-bank lending, media and gaming.

Additionally, Mr. Nestel specialises in complex cross-border financing and has worked on major corporate restructures across the APAC region, the U.S. and Europe. The most recent example of this was the financing of the Takata (airbag manufacturing) entities to emerge from Chapter 15 bankruptcy (the international version of Chapter 11). Mr. Nestel has also been involved in most of the significant administrations and turnaround or restructuring transactions in Australia, including for private equity and special situation funds during the global financial crisis, and in developing innovative uses of securitisations to fund acquisition of NPL loan portfolios and credit books. 

Prior to joining A&M, Mr. Nestel co-founded a boutique investment bank, specialising in restructuring, complex M&A and capital raising, and served as Global Head of Finance for Herbert Smith Freehills. As President of the Turnaround Management Association, Mr. Nestel championed the secondary debt trading market in Australia, including NPL portfolios and the entry of credit and special situation funds.

Most recently, Mr. Nestel led the restructure of Virgin Australia for the ~$2 billion bondholders; the debt for control acquisition of Camp Australia; the carve-out and financing of Westpac’s $12 billion auto finance platform; and the take private of Slater& Gordon.

Mr. Nestel earned a bachelor’s degree in physics and a bachelor’s degree in law (first class honours) from Macquarie University. He has been the International Vice-President for TMA Global; the President and Chairman of the Turnaround Management Association of Australia; on the board of AsiaPac Loan Market Association for 20 years; and published in leading journals.