Tod Macri joins Alvarez & Marsal's restructuring practice
Global management consulting firm Alvarez & Marsal has appointed a new Senior Advisor in its Asian Restructuring and Insolvency practice.
Based in Hong Kong, Tod Macri brings more than three decades of experience in restructuring and turnaround to the firm, both an investor and consultant. Prior to joining Alvarez & Marsal, Macri founded 3T Corporation, providing management consulting services and identifying distressed situations and investment opportunities globally.
Before that, he held numerous senior roles at Deutsche Bank across New York, Hong Kong and Singapore. In his most recent role as the bank’s Managing Director of the Strategic Investment Group/Distressed Products Group, Macri managed and developed trading and investment businesses focused on distressed and illiquid fixed income products.
Earlier in his career, Macri led the bankruptcy trade claims business at a New-York-based hedge fund and was a Senior Consultant in Corporate Recovery Services at Big Four accounting and consulting giant KPMG.
“With his established expertise in global and Asian restructurings along with capital raising, Tod will bolster our offering to help clients identify and execute on the best options and opportunities to achieve their objectives,” said Ron Thompson, Managing Director of Alvarez & Marsal in Asia and Head of Asia’s Restructuring & Turnaround Practice.
The appointment comes at an opportune time for the consultancy. “We have observed a surge in demand for restructuring in Asia” explained Thompson, referring to the economic havoc unleashed in many sectors by the Covid-19-induced downturn.
“The pandemic has accelerated distressed situations across various sectors. I am delighted to join this exceptional practice at Alvarez & Marsal to help expand the team’s footprint across all facets of restructurings and insolvencies,” said Macri.
Founded in 1983, US-headquartered Alvarez & Marsal is according to Consultancy.org one of the globe’s leading restructuring consulting firms.