Alvarez & Marsal has picked up four valuation specialists from a broad range of backgrounds to help it meet increasing demand for valuations, as well as further develop its Transactions Advisory practice. Corey Bleil and David Dufendach join as Managing Directors, Barry Radick as Senior Advisor while Angelo Lorenzana takes on the role of Senior Director.
Prior to joining Alvarez & Marsal (A&M), Corey Bleil was Head of Mergers & Acquisitions and Corporate Finance in the Healthcare Banking group at RBS Citizens for almost three years. Previous roles include serving as Director of Mergers & Acquisitions at Bank of America Merrill Lynch, a stint as an Independent Consultant between 2009 and 2011, and Senior Vice-President of Mergers & Acquisitions at Jefferies & Company for almost three years.
David Dufendach moves to A&M from Grant Thornton, where he worked for more than 12 years, most recently as a Partner. During his time at the consulting firm, he provided national leadership for complex financial instruments and acted as a national technical expert on numerous valuation topics. Since 2009 he has also held a role as adjunct professor at Seattle University, guest lecturing frequently at the University of Washington.
Angelo Lorenzana's most recent role was that of Senior Vice President in the Financial Advisory Services Division at Houlihan Lokey. At the investment bank he focused on executing credit-related transactions and the valuations for alternative asset in relation to M&A and restructuring initiatives. Prior to that Lorenzana worked for Valley National Bancorp as a credit analyst, risk analyst, assistant trust officer and management associate.
Barry Radick is a former Partner and the Co-head of the Bankruptcy and Restructuring practice at Milbank, Tweed, Hadley & McCloy, from which he recent retired after more than 30 years. In this role, he advised reorganising companies and represented creditor and shareholder interests in restructurings and bankruptcy situations. More recently, Radick served as a Managing Director at American Appraisal between 2009 and 2015, and prior to which, as a Director in Huron Consulting Group’s Restructuring practice. Radick is a member of the New York City Bar Association.
As part of its expansion, in response to increasing demand for specialised valuation knowledge across multiple business line, as well as to further its innovative solutions offered to clients, A&M decided to hire the four valuation experts. “Increasingly, our clients require senior experts, with significant knowledge about highly complex areas of valuation, to best address their needs, serve their unique challenges and add value,” explains Mark McMahon, Head of A&M Valuation Services. “The in-depth experience that Corey, David, Angelo and Barry each bring to A&M strengthens our suite of services and will help provide our clients with innovative valuation solutions.”