EY adds to private credit tax team
EY has added two new members to its private credit team to meet increased demand for the specialist tax advice.
Elliott Morley and Gabriel Iliuta have joined EY’s private credit tax team as the company builds out its European private credit team, particularly in Luxembourg and Ireland. Both Morley and Iliuta will be based in London.
Stuart Sinclair, UK financial services tax partner at EY, said that the firm is committed to developing alongside the market, to provide impactful commercial tax advice to all its clients.
“We are delighted to welcome Elliott and Gabriel to our credit team,” Sinclair added.
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“The European private debt fund market is in growth mode, and we are seeing increasing demand for specialist tax advice in this area.”
Morley was previously with PwC, where he advised some of the largest funds investing in the credit sector. He has more than 22 years experience in the banking and funds industry, across both commercial and tax roles.
“I am thrilled to have joined the EY partnership and to be working with such a talented tax team,” Morley said.
“The current market represents an exciting time for credit funds, and I’m pleased to have joined such an ambitious team to drive excellent work for our clients.”
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Iliuta was previously with Deloitte, where he worked across Central Europe, Middle East and North Africa, and in the UK within credit and restructuring tax.
“The credit market is showing signs of the most activity in the sector since the global financial crisis, and this is an exciting time to have joined the team,” Iliuta said.
“I look forward to helping grow our capabilities in this sector.”
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