Alantra and KPMG will be collaborating going forward in the execution of the existing engagements and in future business opportunities in the UK.

KPMG’s portfolio advisory team began during the Asian financial crisis and has been headquartered in London since 2008. The team comprises over 35 specialists and has led more than 100 transactions across 30 countries, with a combined deal value in excess of €180bn (£159.5bn) since 2014. Current live mandates exceed a face value of €16bn (£14bn).

 The joint team will be branded as Alantra Corporate Portfolio Advisory (CPA) and will form the leading portfolio advisory unit in Europe, with around 70 professionals dedicated to transaction execution, structuring, pricing, modelling and data enhancement in relation to loan portfolios and servicing platforms. The team will be led by Joel Grau, Andrew Jenke and Nick Colman, together with other managing directors based in London, Madrid, Milan, Athens, Dublin and Lisbon.

Andrew Jenke, head of KPMG’s global portfolio solutions group in the UK and Western Europe, and managing partner at Alantra CPA, said: ‘We are pleased to reach this agreement with Alantra to build the largest dedicated credit transaction advisory business in Europe. Alantra’s global presence, financial strength and long-term vision thanks to its partnership model, will help us provide a stronger service to our fund and banking clients across Europe.’

Last year Alantra increased its footprint in London following a combination with Catalyst Corporate Finance, in a transaction valued at over £30m. Catalyst rebranded rebrand as Alantra in April, with Catalyst partners driving the UK business of the Alantra global merger and acquisition advisory business. 

Alantra’s existing portfolio advisory business, headquartered in Madrid and comprising 40 professionals, has led 80 transactions in five countries for a total volume of over €65bn since its incorporation in 2014.

Report by Pat Sweet