Close Brothers appoints new managing director to its leading European Restructuring Team

Frankfurt/Main - London, 23 June 2009

Appointment part of the continued expansion of the restructuring team to address the significant demand for independent advice.

Close Brothers Corporate Finance, one of Europe’s leading independent corporate finance advisers, has appointed Sven Guckelberger as a new Managing Director to its restructuring and debt advisory group. He will jointly head the Frankfurt-based restructuring team, advising on stressed and distressed situations in German-speaking countries and selected markets in Central and Eastern Europe. Sven Guckelberger joins Close Brothers Corporate Finance from Deutsche Bank AG, where for the past five years he has led its European Work-Out team, based in London. Prior to that he was a Deutsche Bank restructuring banker, advising on mandates in Germany; and before that, during the Asian financial crisis, played a significant role in restructuring Deutsche Bank’s investment portfolio in Indonesia and Singapore. Sven has a particular expertise advising distressed Mittelstand companies. He also has significant experience advising on large, multi-jurisdictional restructuring mandates, with complex capital structures and multiple-stakeholders. Sven is the twelfth senior hire Close Brothers Corporate Finance has made in the last year. His appointment is in response to the surge in demand for Close Brothers Corporate Finance’s restructuring expertise; the business is currently advising on over thirty-five restructuring mandates.

Background information on Close Brothers

Close Brothers is Europe’s largest, independent investment bank focused exclusively on mid-market transactions. Close Brothers GmbH, Germany, and Close Brothers AG, Switzerland, are part of Close Brothers Corporate Finance, London. Close Brothers Corporate Finance has a global presence with offices in all important financial centres in Europe, Asia and the USA. Through its new investor, Daiwa Securities SMBC Europe, Close Brothers Corporate Finance also has access to a global network of relationships in Daiwa SMBC’s existing markets, including Japan, Asia (China, Hong Kong, Singapore, India and other countries), Russia, Bahrain, Dubai and other Gulf territories as well as into the US through Daiwa SMBC’s alliance partner, Sagent Advisors.Close Brothers offers independent corporate finance advice in four areas: Mergers and Acquisitions, Corporate Restructuring, Debt Advisory and dedicated advice to the Private Equity industry. 
www.closebrothers.de and www.closebrothers.ch