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EY to invest $1bn to expand private equity offering, appoints PE leader

EY is to make an investment of around $1 billion phased over four years to expand PE business capabilities and appoints Bridget Walsh as new EY Global Private Equity Leader, effective 1 July 2022, to lead and deliver this initiative.

The $1 billion investment bolsters the leading market position with a focus on growing existing transaction capabilities and expansion in the areas of value creation and portfolio transformation; deal leadership; and environment, social and governance (ESG) services. This goal will be supported by strategic acquisitions and by making key talent hires.

Walsh currently serves as EY EMEIA Managing Partner – Tax, a $5 billion business which has achieved annual double-digit growth under Bridget’s leadership. She has been a trusted advisor to the Global PE industry for over 20 years, and as a recognised leader within the EY organisation, has successfully incubated and grown several businesses within EY. She has an active role in governing multiple businesses and sits on a number of EY Global boards, including the Global Tax Executive Board and the EY Global Practice Group. Bridget also represents EY on the board of British American Business and is a board member of The Ireland Funds Great Britain board.

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