Alvarez & Marsal hires Andy Murray and Prasam Patel - The Source

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Alvarez & Marsal hires Andy Murray and Prasam Patel

Tedro Atanda by Tedro Atanda
December 20, 2023
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Alvarez & Marsal hires Andy Murray and Prasam Patel
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Remarking on the appointments, Marvin Rust, managing director at Alvarez & Marsal UK’s tax wing, said, “We are really pleased to welcome Andy and Prasam to the A&M Tax family. The growth that the tax advisory team has experienced in recent years is something we’re really proud of, and we look forward to working closely with them to provide strategic tax guidance in their respective areas as we further enhance our overall offering”.

Formerly known as Taxand, Alvarez & Marsal Tax (A&M Tax) is an independent tax group affiliated with global professional services firm Alvarez & Marsal. Consisting of experienced tax professionals, dedicated to providing customised tax advice to clients and investors across a broad range of industries, the firm offers clients a choice in advisors who are free from audit-based conflicts of interest, from the US, as well as in the UK from its base in London.

Patel and Murray’s wealth of expertise not only bolsters A&M Tax’s capabilities but also positions it to deliver exceptional services to clients on a global scale. They bring more than 40 years of experience to the firm between them.

Murray has more than 25 years’ experience in international tax, tax policy and investment banking, with a primary focus on M&A transactions and private credit markets. He works with clients in the alternative credit, energy, telecommunications and retail sectors advising stakeholders on the international tax implications of their commercial operations. Prior to joining A&M, Murray was a managing director at Kroll, where he led the transaction tax practice in the EMEA region – and recently advised a €10.5 billion alternative credit fund on restructuring several of its distressed lending positions, including legal enforcement and conversion of its debt positions.

Commenting on his decision to join A&M, Murray, noted, “A&M’s pedigree and ambitious growth plans in a challenging market is what sets it apart from competitors. Whilst others have been putting the brakes on, A&M has proactively hired and assembled a team of exceptional senior and experienced advisory professionals. I’m delighted to join the team and look forward to utilising my experience to further enhance A&M’s offering in the private credit and corporate restructuring space.”

Patel meanwhile brings over 17 years of experience in real estate and infrastructure tax, advising investors and developers to help complete deals, improve tax efficiency and manage risk. He specialises in supporting clients to understand and make decisions on risk areas, particularly during commercial negotiations, as well as structuring their holdings across a range of real estate sectors including residential, commercial and healthcare assets. Prior to joining A&M, Patel spent just under 10 years with Mazars, leading the firm’s UK real estate offering – and helped grow the nascent businesses across multiple areas – both tax and non-tax.

Patel added, “As the tax landscape continues to evolve, clients are faced with increasing complexity in tax matters and require support on a range of issues from structuring and efficiency to risk and compliance. Joining A&M presents an exciting opportunity to collaborate with a dynamic team of highly experienced, sector specific consultants and provide innovative solutions to our clients as they navigate this evolving landscape.”

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