Deloitte has announced the appointment of Arun Sharma to its Financial Advisory practice as a partner in the Financial Institutions Group (FIG) Corporate Finance M&A Group, providing advisory services to banking clients.
Deloitte’s FIG M&A group is led by Jonathan Gold and provides strategic and tactical advice, as well as execution, across all sub-sectors of financial services in the UK and EMEA.
Sharma joins Deloitte from Alantra, a global investment bank and asset manager.
There he provided advice to banks, governments, private equity funds and specialty lenders on credit portfolios, M&A and capital optimisation transactions.
Deloitte added that over the past 10 years, Sharma has worked on “complex credit deals” across Europe with an aggregate face value in excess of €50bn (£42bn). This has included advising clients on non-core and non-performing exposure (NPE) portfolio sales, securitisation and credit servicing.
In addition to Sharma, the firm revealed Luboslav Karkalik joins the FIG Corporate Finance M&A group as a director and Param Singh joins as an assistant director.
Karkalik also arrives from Alantra where he was a Senior VP specialising in the analysis, pricing and structuring of all types of credit assets. He brings with him a deep knowledge of credit portfolios and securitisation as well as being an experienced deal executor.
Singh joins from Oxane Partners where he headed their Transaction Advisory offering. He specialises in analysing and pricing complex loan portfolios with an expertise in financial modelling and handling large data sets.
Fenton Burgin, head of UK Advisory Corporate Finance, said: “Arun, Lubo and Param arrive at an exciting period as the group continues to deliver solutions for clients in a dynamic financial services M&A market. We expect 2022 to bring further opportunity for the group to support clients through ever more complex situations.”
Alok Gahrotra, who co-leads Deloitte’s global Portfolio Lead Advisory Services practice added: “I am pleased to welcome our new joiners as we reinforce our position as a leading advisor in the portfolio advisory market. We expect a period of renewed activity in the UK and Europe as lenders and investors seek increasingly sophisticated solutions for their NPE and non-core risk exposures.”