As opportunities increase for private equity in the UK, EY has invested in its Private Equity team, announcing two key appointments to better support clients in driving value.
Akif Jawaid has joined to head a newly formed EY-Parthenon Private Equity UK team which will combine commercial, operational and digital expertise to maximise value for clients across the deal lifecycle. This team will be a core part of EY’s broader private equity offering and will ensure clients continue to receive leading advice and support across all aspects of their business – both financially and operationally.
Previously, Akif was the Global Head of Private Equity, Strategy Group at a big four accountancy firm. Prior to this he held senior roles at BCG and McKinsey. He holds an MBA from Wharton.
Commenting on his appointment, Akif Jawaid, EY-Parthenon UK & Ireland Private Equity Partner, said: “I am thrilled to join EY to help lead such a pivotal effort to better serve our private equity clients. It’s clear that the leadership of EY, both in the UK and globally, recognise the importance of this asset class and are focused on ensuring we are able to deliver differentiated insight and advice to our clients.”
Neil McFerran has also joined EY-Parthenon as a Partner, in response to growing demand from the UK private equity industry for EY’s strategy and transactions services. He will lead on pre- and post-deal value creation and execution, with a particular focus on the advanced manufacturing and mobility sectors.
He was previously a senior M&A operations leader in Europe for a leading private equity firm. Prior to this, he was UK Private Equity lead at AlixPartners. He holds a PhD in Mechanical Engineering.
Commenting on his appointment, Neil McFerran, EY-Parthenon UK & Ireland Private Equity Partner, said: “I am delighted to be playing a role in building EY-Parthenon’s capability in private equity, supporting clients on sustainable value creation. There are many investment opportunities for private equity, and we are working together with our clients to create viable businesses and maximise performance outcomes across a number of sectors.”