Close Bros builds restructuring team

Responding to the growing demand for restructuring specialists, UK corporate finance partner, Close Brothers Corporate Finance has hired a new managing director to its restructuring and debt advisory team.

Sven Guckelberger will jointly head the Frankfurt-based restructuring team, advising on stressed and distressed situations in German-speaking countries and selected markets in Central and Eastern Europe.

He joins CBCF from Deutsche Bank where he spent the past five years leading the London-based European work-out team. While at Deutsche he was also a restructuring banker, advising on mandates in Germany.