EY names trio of new private equity partners in wake of announcing $1bn expansion in sector | AltAssets Private Equity News

Professional services major EY has named a trio of new private equity partners in the wake of announcing a $1bn investment to expand its PE capabilities. Jason Spencer, Naveen Tiwari and Peter Renon have all joined EY’s Transaction Strategy & Execution team based in London. Renon brings over 17 years’ experience of mergers and acquisitions across various industries and specialises in finding innovative commercial, operational, and technical solutions to separating software and tech-platform businesses. Fredrik Burger, a private equity partner in the TS&E team, said, “The post-pandemic period has brought both challenges and opportunities for PE firms. EY said the $1bn investment over four years would focus on growing existing transaction capabilities and expansion in value creation and portfolio transformation, deal leadership, and ESG services.