PRESS RELEASE
14 October 2021

2021 inaugural Allegro Funds & TMA Turnaround Case Competition

K
KordaMentha

Contributor

KordaMentha, an independent firm in Asia-Pacific, specializes in cybersecurity, financial crime, forensic, performance improvement, real estate, and restructuring services. With a diverse team of almost 400 specialists, they provide customised solutions to help clients grow, protect from financial loss, and recover value. Trusted since 2002, they deliver bold, impactful solutions for clients.
A KordaMentha-led team was announced as the competition winner at the Turnaround Management Association (TMA) Australia's annual national conference.
Australia

KordaMentha-led team wins.

The inaugural Allegro Funds & TMA Turnaround Case Competition was held in September 2021, with over 100 individual participants from 30 firms across Australia.

A KordaMentha-led team was today announced as the competition winner at the Turnaround Management Association (TMA) Australia's annual national conference.

KordaMentha Associate Director Steven Cunningham led the team, joined by Dylan Genau and Sophia Paikopolous, also of KordaMentha, Alex Green of River Capital and Sunny Joshi of ANZ.

Teams assessed a hypothetical scenario involving the potential investment in a listed entity during the onset of the COVID-19 pandemic in March 2020. Participants were required to prepare a 10-page pitch document outlining their:

  • deal structure, valuation and returns
  • deal tactics and stakeholder strategy
  • turnaround plan
  • recommendation of whether an investment in the listed entity should be pursued.

Seven teams progressed to the finals, presenting their investment theses and turnaround strategies to an esteemed panel of industry experts.

The case study required significant collaboration between team members. Combining the unique skills and expertise of KordaMentha, River Capital and ANZ delivered a more robust and innovative investment strategy and turnaround plan to take out the win. We look forward to continuing to foster collaboration with our industry peers.

We would like to thank Allegro Funds and TMA for the opportunity to participate in this incredible initiative and congratulate all other teams involved.

Contributor

KordaMentha, an independent firm in Asia-Pacific, specializes in cybersecurity, financial crime, forensic, performance improvement, real estate, and restructuring services. With a diverse team of almost 400 specialists, they provide customised solutions to help clients grow, protect from financial loss, and recover value. Trusted since 2002, they deliver bold, impactful solutions for clients.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More