The IFT, the leading membership group for individuals and businesses specialising in working to rapidly transform organisations and support those in distress, has appointed Milly Camley as CEO with effect from 4th March.
The board has undertaken a rigorous
Alex is a Corporate partner in the cross-departmental Restructuring and Insolvency Group at Macfarlanes LLP law firm. He specialises in restructuring and turnaround work and has extensive experience of advising company boards, distressed borrowers, investors and lenders on restructuring transactions, both nationally and in the London market.
Alex's practice extends from advising company boards at the onset of financial difficulty on managing risk and their personal responsibilities whilst continuing to operate the business effectively through to turning the business around, whether organically or through a formal restructuring. In particular, Alex specialises in advising distressed companies and stakeholders in relation to formal restructurings of capital and operational structures and implementing new manage incentive schemes, often utilising highly bespoke solutions to address stakeholders' particular commercial, tax or regulatory sensitivities. These mandates require an in-depth knowledge of the applicable laws and regulations, the ability to apply that knowledge in practice in a commercial context and project management skills to bring together multiple stakeholders and advisers, frequently with differing ultimate goals, to achieve a mutually satisfactory result.
Alex is a trusted lead adviser and has recently been heavily involved in the restructurings, followed by successful sales, of Avant Homes, Kew Green Hotels and LA Fitness and the turnaround sale of the Walkabout Bar chain, as well as spending nine months on secondment at Candlewick Asset Management (jointly owned by Goldman Sachs and TPG Special Opportunities) helping to restructure and turnaround a portfolio c. 40 distressed companies.