EY names two new partners in tax team

Elliott Morley and Gabriel Iliuta have joined the private credit tax team of EY. The duo arrive as EY looks to meet increased demand for specialist tax advice.

Stuart Sinclair, UK financial services tax partner at EY, commented, “We are delighted to welcome Elliott and Gabriel to our credit team. The European private debt fund market is in growth mode, and we are seeing increasing demand for specialist tax advice in this area.” 

EY boasts four dedicated private credit tax partners across the UK, and a strong team across our European network – particularly in Luxembourg and Ireland. Looking ahead, Sinclair added that the firm is committed to developing with the market, to provide impactful commercial tax advice to all its clients – and that the two new hires will help drive this.

Morley arrives with 22 years of experience in the banking and funds industry, across both commercial and tax roles. He joins EY from PwC where he advised some of the largest funds investing in the credit sector. 

He noted, “I am thrilled to have joined the EY partnership and to be working with such a talented tax team. The current market represents an exciting time for credit funds, and I’m pleased to have joined such an ambitious team to drive excellent work for our clients.”

Meanwhile, Iliuta is also based in London, and brings Big Four experience to the firm. Previously, he worked with rival firm Deloitte, where he worked across Central Europe, Middle East and North Africa, and in the UK within credit and restructuring tax.

Iliuta added, “The credit market is showing signs of the most activity in the sector since the global financial crisis, and this is an exciting time to have joined the team. I look forward to helping grow our capabilities in this sector.”