Publish Date
Mar 21, 2024
Special Tax Alert / Expertise
New Managing Director appointments bolster the firm’s comprehensive tax advisory offerings
New York, March 21, 2024 — Alvarez & Marsal Tax, LLC (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announced the appointment of UK-based Steve Henshaw, Anthony Whatling, and Tom Lobb, alongside US-based Jerry N. Smith, and Tim Trifilo as Managing Directors. These new hires represent the continuous growth efforts of the practice, following on its recent expansion into Switzerland with the hire of Dr. Kersten Honold, as the Swiss Tax practice leader, and into Australia, led by Sean Keegan.
Collectively, Messrs. Henshaw, Whatling, Lobb, Smith and Trifilo bring a century of global experience across multiple geographies, industries, tax practices and procedures. Their combined focus furthers A&M’s mission to provide clients, ranging from high net-worth individuals, family offices, institutional investors, private equity (PE) and Hedge Funds to mid-market and global enterprises, with the broadest portfolio of tax services.
Ernesto “Ernie” Perez, Global Practice Leader of A&M Tax, noted, “The joining of Steve, Anthony, Tom, Jerry and Tim strategically augments our talent bench with comprehensive tax advisory expertise to help clients in the UK, the US and around the world maximize value. We expanded our world-wide talent base by 40 percent in 2023 and anticipate an additional 30 percent increase in 2024. This group of tax advisers is a representation of our ability to attract some of the leading tax professionals on a global scale. I am thrilled to welcome them and look forward to seeing the impact they would deliver to our practice and our clients.”
Messrs. Henshaw’s, Whatling’s, Lobb’s, Smith’s and Trifilo’s collective tax advisory experience spans the indirect tax aspects of mergers and acquisitions, personal tax affairs of high-net-worth clients, and tax implications of cross-border transactions. They advise clients on intricate local and regional tax regulations, structuring transactions, negotiations with tax authorities and evolving tax laws including international issues and real estate investment trust (REIT) structures.
Their specific expertise includes:
Mr. Henshaw
Advising privately owned, private equity backed, and large multinational companies on indirect tax matters, including transaction due diligence and structuring as well as negotiating with His Majesty’s Revenue and Customs (HMRC) on value-added tax (VAT).
Mr. Whatling
Advising private banks and wealth managers on how to design and implement banking and investment services for non-UK domiciled clients.
Mr. Lobb
Guiding listed groups, private equity funds and their portfolio businesses on navigating base erosion and profit sharing (BEPS) Pillar 2 rules impacts.
Mr. Smith
Structuring cross-border acquisitions and divestitures international joint ventures, tax-free spin-offs, financings and internal corporate restructurings.
Mr. Trifilo
Advising on fund formation, public and private equity offerings, capital structures, real estate investment trust (REIT) formation and qualification issues.
Marvin Rust, Managing Director and head of A&M Tax Europe, said, “Our talent expansion bolsters our ability to provided tailored tax solutions that help clients capitalize on opportunities locally, regionally and internationally. A&M’s integrated platform, freedom from audit conflicts and global network of tax advisors, with in-depth local knowledge, will be critical for continuing to mitigate risk and create value.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 9,000 people across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
About Alvarez & Marsal Tax
Alvarez & Marsal Tax part of Alvarez & Marsal (A&M), a leading global professional services firm, is an independent tax group made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries. Its professionals extend A&M’s commitment to offering clients a choice of advisers who are free from audit-based conflicts of interest and bring an unyielding commitment to delivering responsive client service. A&M Tax has offices in major metropolitan markets throughout the Americas, EMEA, and APAC.
To learn more, visit: AlvarezandMarsal.com
