Alvarez & Marsal (A&M) added Michael V. Balistreri as managing director to its Corporate Finance practice in New York. Balistreri specializes in providing investment banking and financial advisory services to corporations, creditors and shareholders across all industry lines in growth, storied, complex, distressed and special situations.

Balistreri has more than 13 years of extensive transaction experience in financial restructurings, recapitalizations, M&A, divestitures and debt and equity financings. He has received numerous industry accolades, including the Emerging Leader Award from M&A Advisor and was a “40 Under 40” honoree from the National Association of Certified Valuators & Analysts. He was also recently named on The Global M&A Network’s list of “Top Restructuring & Turnaround Professionals.”

“Our corporate clients continue to seek expert guidance when exploring value maximization and liability management alternatives within our changing, global economic climate,” said George Varughese, managing director with Alvarez & Marsal in New York and leader of the firm’s Corporate Finance activities. “With over a decade of complex transaction experience, Michael will be integral in helping to expand the firm’s investment banking capabilities and implementing creative transaction solutions for our clients.”

Balistreri was most recently a managing director in the investment banking division at Canaccord Genuity, where he led and was a founding member of the U.S. Debt Finance & Restructuring practice. Prior to that, he served as a managing director at Bacchus Capital Management, a private equity and alternative lending fund and vice president at Gordian Group, an investment bank focused on distressed advisory.