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Published on 6/25/2012 in the Prospect News Distressed Debt Daily.

Greenhill adds Eric Mendelsohn to manage restructuring advisory work

By Ashley Montgomery

Kansas City, Kan., June 25 - Greenhill & Co. Inc. has hired Eric Mendelsohn to be a managing director in the firm's restructuring advisory department, according to a news release. Mendelsohn will be based in New York.

"Restructuring advisory is a core component of our franchise, and the recruitment of Eric is an important step in our plan to continue to build that business globally," Greenhill chief executive officer Scott L. Bok said in the release.

"A key objective for our firm has been to continue to expand the breadth of advice we can offer clients beyond mergers and acquisitions, and expanding our restructuring advisory team is an important part of that strategy," Bok added. "We have recently recruited senior restructuring talent in Australia and are looking to do more in both the United States and Europe. We have seen some increase in restructuring activity in Europe and the United States in recent months, off the very low levels of last year, and we expect more to come as companies around the world continue to deliver in a challenging economy."

Mendelsohn was previously a founding member and managing director of Lazard's restructuring group. He has over 17 years of experience in restructurings, mergers and acquisitions and debt and equity financings.

Greenhill is a New York-based independent investment bank.


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