Alvarez & Marsal appointed Chicago-based Eric Dustman a managing director in its corporate performance improvement practice. Dustman has more than 25 years of operations and supply chain performance improvement and advisor experience.
The Association of Insolvency and Restructuring Advisors recognized Nate Simon of AlixPartners (first place), Bryan Fleming of Alvarez & Marsal (second place) and Hrvoje Cizmic of PwC (third place) as Certified Insolvency and Restructuring Advisor Award winners for 2020.
Alvarez & Marsal expanded its global transaction advisory group into Spain with the appointment of Cristina Almeida and Ignacio Basagoiti as managing directors based in Madrid. Almeida and Basagoiti both joined from Deloitte.
Alvarez & Marsal appointed New York-based John Hartig managing director in its media group, which is a part of the firm’s corporate performance improvement practice.
Alvarez & Marsal appointed Ali Anwar a managing director and the Middle East practice leader of the firm’s global transaction advisory group, based in Dubai.
Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.
Alvarez & Marsal named Paul Fanella a managing director in supply chain services within its corporate performance improvement practice. Fanella previously worked for EY and Accenture.
Alvarez & Marsal appointed John McLean III a managing director in the firm’s healthcare industry group. McLean, who will be based in Atlanta, has two decades of experience transforming health systems.
Alvarez & Marsal appointed Hameer Vaid a senior director in the firm’s private equity performance improvement group in New York. Before joining A&M, Vaid spent six years with PwC’s real estate advisory practice in New York.
Sycamore Partners, KKR, Blackstone Credit and other first lien term lenders delivered $225 million in new capital for Belk in the company’s restructuring support agreement.