Alvarez & Marsal hires private equity expert Simon Oertel
Global consulting firm Alvarez & Marsal has appointed Simon Oertel as a Managing Director in its Private Equity Performance Improvement practice.
Based out of Munich, Simon Oertel has been brought on board to help Alvarez & Marsal build out its operational due diligence offering across the DACH region. He has a special focus on the industrial sector.
Oertel joins from EY-Parthenon, where he spent four years as Partner. Before that, he served Oliver Wyman for thirteen years. His experience centres on advising large and mid-cap funds across the transaction lifecycle, from operational due diligence, through to the implementation of performance improvement measures at the acquired portfolio companies during the period of ownership.
Throughout his career, he has worked on projects across Germany and Europe as well as the US, Canada and the Middle East.
On his appointment, Oertel said: “Alvarez & Marsal is very-well positioned and has a great reputation in my area of expertise, helping private equity clients maximize the value of their investments. I have been impressed by Alvarez & Marsal’s approach to client situations, with senior operators helping clients to solve complex problems. I am very much looking forward to further developing the firm’s position in the market.”
The arrival of Oertel marks the third new Managing Director hire for the Private Equity Performance Improvement practice in the past months, following the arrivals of David Pérez (Stockholm) and Pierre de Raismes (Paris).
“With our third new senior hire in quick succession over the past four months, we’re continuing to invest and strengthen our expertise in the areas our private equity clients need most in the current complex market. Simon’s arrival expands our team of experienced operational due diligence advisers,” said Bob Rajan, Managing Director and Co-Head of the European Private Equity Performance Improvement team.
Steffen Kroner, Managing Director and Head of the German Private Equity Performance Improvement team added: “With demand for deep operational due diligence and industrial sector expertise continuing to rise at a time where many conventional industries are at crossroads, we are confident that Simon’s experience will be invaluable to our clients in the DACH region and beyond.”
