Alok Gahrotra Joins Teneo to Launch the Credit Solutions Group Within the Firm’s Financial Advisory Business
Teneo, the global CEO advisory firm, today announced the launch of its Credit Solutions Group (CSG) with the hire of Alok Gahrotra as Senior Managing Director.
Along with four additional colleagues, all previously from Deloitte, Alok and team will provide full-service advice and solutions to both buyers and sellers of loans. The team’s mandate will be focused on providing strategic advice to financial institutions across deleveraging as well as financing and structuring activities. This will include end-to-end transaction support and execution, including the provision of data analytics, structuring, valuation and sale of loans globally.
Prior to joining Teneo, Alok was co-head of Deloitte’s global Portfolio Lead Advisory Services practice and, before that, worked in the International Special Situations Team at Bank of America Merrill Lynch, where he was responsible for investments across Europe and Asia.
Daniel Butters, CEO of Teneo’s Financial Advisory business, commented, “I am delighted to welcome Alok and the team to Teneo. Their arrival accelerates the growth of Teneo’s Financial Services practice and enhances our ability to provide comprehensive advice to clients in relation to the structuring, valuation and sale of loan portfolios globally. The formation of Teneo’s Credit Solutions Group under Alok’s leadership represents another significant investment in building a market-leading team to serve the complex needs of our clients around the world.”
Alok Gahrotra said, “I am thrilled to join Teneo to set up and lead the Credit Solutions Group. Our team is excited to bring our expertise and innovative approach to a firm known for its excellence and global reach. In today's complex regulatory environment, providing strategic advisory services has never been more critical. Together, we look forward to helping our clients navigate the intricacies of the credit markets and achieve their financial objectives.”
Teneo's global Financial Advisory business advises corporates, creditors and other financial stakeholders in all situations – from well-performing to stressed – to identify viable financial opportunities to protect and enhance value and benefit business and/or investment goals. The team of more than 400 professionals offers expertise across a wide range of services from business restructuring, business transformation, capital advisory, corporate insolvency and bankruptcy, and litigation support.
Contact
New York
Stephen Meahl
stephen.meahl@teneo.com
M: +1 (212) 886-1624
