Restructuring provides investigation, restructuring, turnaround and insolvency advice and services to underperforming and financially distressed companies, including investments funds and management companies, their stakeholders and advisors.
We use our expertise to identify the causes of the difficulties, work collaboratively to identify the best strategy for business recovery and then develop an optimal financial and/or operational restructuring solution. We will then support the implementation of the optimal solution through a solvent or insolvent route.
At Deloitte, the restructuring team has the ability to draw on individuals with considerable industry experience and with broad and varied backgrounds to work with funds to help manage distressed funds and other troubled aspects of portfolios. We regularly advise on a wide range of issues facing the industry in addition to acting in formal capacities.
Assisting with the creation of alternative structures to deal with adverse liquidity conditions including the implementation of lock-ups or the use of side-pocket structures to isolate distressed assets.
Specifically, Deloitte has an outstanding record of managing and implementing complex structured finance restructuring transactions and advising both companies and their stakeholders in such transactions. We hold a market leading position in restructuring Structured Investment Vehicles and are recognised as global leaders in securitisation accounting.
We provide advice services on strategies when a subfund, fund or management company is to be wound down and closed. We work co-operatively with management and other stakeholders to evaluate the closure of underperforming activities. We can review the closure options, devise a withdrawal strategy and plan and manage the implementation.
Our services provide an efficient strategy that does not jeopardise reputation or stakeholder relationships, and at the same time allows management to focus on their portfolio management.
We provide a comprehensive solution which:
The team provides a strong blend of practical, commercial, operational and financial skills as well as offering full project management and implementation of our plans. We liaise with the firm's specialists in functional areas as required.
The appointment of a Liquidator is subject to the prior approval of the CSSF. In this case, Deloitte can help achieve the entities' main objectives to:
Liquidation provides a mechanism for the formal winding up of an investment fund in a controlled manner.
A Liquidator is appointed by the Court and will aim to:
A Liquidator may: