Jordan Brown joins Johnston Carmichael as partner
UK advisory and audit firm Johnston Carmichael has appointed a new financial services partner. Jordan Brown arrives as part of a strategic expansion of Johnston Carmichael’s client services.
“We are delighted to welcome Jordan to Johnston Carmichael. It is a real coup for us to have secured his specialist, sought-after expertise, which will complement and add value to our existing tax advisory services," said Susie Walker, head of Tax at Johnston Carmichael.
A member of Moore Global, Johnston Carmichael is an accountancy and business advisory firm based in the UK. With over 900 professionals across Scotland, the North of England and London, the business delivers specialist sector insight and expertise to its clients across the country.
Brown joins the firm as a financial services tax partner, having previously been an adviser at global consultancy Alvarez & Marsal – and has also worked for Deloitte, EY and KPMG. He specialises in supporting private funds across venture capital, mid-market private equity, infrastructure and real estate, as well as listed funds in the form of investment trust companies and venture capital trusts.
Together with tax manager Lewis Whitehill, who also joined the firm in recent weeks, Brown will now work with colleagues in Johnston Carmichael’s financial services consulting and audit teams to grow and develop the firm’s financial services offering. Brown and his team will focus on clients managing funds of up to £5 billion.
Brown commented, “The specialist advice we can provide is sector agnostic as it applies to any fund manager, no matter what their fund invests in. The firm’s existing financial services clients will also benefit from the help that we can offer.”
With the UK’s mergers and acquisitions market returning to health in 2024, many private equity firms are looking to put dry-powder to use. Offering some helpful words to firms considering buying in the coming months, Brown added, “My top three recommendations to fund managers are: consult with experts, get a good lawyer, and secure a strong back-office function. Those who don’t invest in high quality advice could find themselves paying tax at a much higher rate that will cost them more over the long run.”
