EY appoints new Private Equity Leader in Oceania
Wednesday, 9 January 2019
Milan Milosevic has taken on the role of Private Equity Leader at professional services firm EY. Milan will succeed Bryan Zekulich who is leaving the partnership in mid-2019 to pursue new opportunities and ideas.
Milan has risen within EY’s private equity practice, having spent the past 15 years advising a number of Australian and global private equity houses.
Milan is positive on the level of private equity activity expected to be undertaken in 2019.
“Given recent fundraising efforts by a number of houses, and the expected exits of high quality assets over the next 18 months. “We are optimistic on the outlook for PE in 2019. The ASX is increasingly exhibiting a greater degree of volatility which in turn is driving opportunities for our private equity clients. We are also seeing sustained inbound interest from overseas investors looking for quality Australian and New Zealand private equity assets with strong management teams.”
“Many of Australia’s leading private equity fund managers seek to add value through a number of different methods including international expansion, especially in Asia. The Asia growth corridor investment thematic continues to appeal to North American and European investors seeking to access this opportunity via Australia,” he said.
Milan will lead a talented team of professionals at EY, across all disciplines of the firm, focused on best servicing the private equity community. Milan will look to continue our growth in the sector, cementing EY’s position as a market leader by investing in new partners, broadening our offering and continuing to develop digital tools as private equity clients demand more insights on transactions.
David Larocca, EY Managing Partner, Transaction Advisory Services says: “I would like to sincerely thank Bryan for his dedication to building the EY private equity practice over the last several years. Bryan remains a driving force and significant player in the market through his strong reputation and position on the AVCAL Board. We look forward to continuing to work with him and wish him every success in his future endeavours and new challenges.”
Our private equity practice is a strong and growing area of our transaction practice. We have recruited 4 new partners – Steve Clark, Andrew Ettridge, Andrew Sharp and Sean Keegan – and promoted Ben Holland and Adam Woodward – all of whom are focused on serving our private equity clients across the transaction lifecycle, including deal origination, execution, integration and post-deal value creation.”
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