LONDON, UK: MJ Hudson, the end-to-end solutions provider to the asset management industry, announced a new strategic partnership with leading restructuring practice, Cork Gully, providing MJ Hudson and its clients with access to the growing market for private markets fund restructurings and further extending the full-service solutions provided by the Group.

Pursuant to this partnership, Cork Gully will provide restructuring, insolvency, and supplemental and replacement manager services. The Company expects that its existing clients will have a need for these services and may prefer to access them through its trusted adviser, MJ Hudson, rather than an additional third party. MJ Hudson will also provide its existing services to Cork Gully’s clients, such as regulatory advice, fund and manager domiciliation, legal services, and fund administration services.

Fund restructurings may be desirable as a result of strategic changes to an investment programme, or where a successful investment vehicle needs to restructure in order to capture additional value creation opportunities in the portfolio. Restructurings may also be necessary where the structure or a connected party is under stress due to economic, public health, or political events. There have been several high-profile restructuring cases, in recent years, including Abraaj, and, as the impacts of Covid and geopolitical upheaval are worked through, the Company expects that demand for these services will increase. Cork Gully’s wide-ranging experience in restructuring and special situations is the perfect complement to MJ Hudson’s deep private markets expertise.

Matthew Hudson, CEO of MJ Hudson said: “Cork Gully is a leading restructuring practice, built on a solid heritage, and I am delighted to partner with the firm. As ever, we have entered into this partnership because we believe it usefully extends the services we can provide to our clients. This will continue to be the determining factor as we assess further opportunities to add services and scale, through acquisition and partnership.”