Jarred Erceg

I am a Partner in the UK Restructuring team and a qualified insolvency practitioner with over 15 years’ experience delivering restructuring advisory services in Australia and the UK.

I work with corporates, capital providers and other stakeholders to navigate difficult, financially distressed situations by providing pragmatic advice and support on restructuring and turnaround strategies to preserve and enhance value.

Throughout my career, I’ve worked with clients across a range of industries, and as a member of Grant Thornton’s dedicated Financial Services Restructuring and Insolvency team, I have a particular focus on supporting clients operating in the financial services sector.

My expertise includes independent business and pre-lend reviews, advising on restructuring and turnaround strategies, contingency and wind down planning (both on a solvent and insolvent basis) and formal insolvency appointments.

Contributing to my experience, I have completed a number of secondments, including to a workout team of a major Australian bank working with a portfolio of distressed corporate clients and Grant Thornton’s Hong Kong Restructuring team. 

Some recent assignments include:

• Contingency planning and Joint Special Administrator of Small World UK entities which provided cross-border payments services to its customers and acted as a global ‘payment hub’ for the Small World Group
• Assessment of wind down plan and support exiting a fintech platform and brokerage business following a strategic decision to solvently wind down operations 
• Wind down plan assessment for a global e-money institution, including review of solvent exit scenario assumptions and impact to UK regulated entities 
• Advisory and contingency planning on behalf of secured lender with exposure to a UK BNPL firm 
• Contingency planning and administration of the home credit provider S.D. Taylor Limited (t/a Loans at Home), including the collect out of a £60 million portfolio and orderly wind down of operations to minimise impact to consumers
• Administration of Greensill Capital (UK ) Limited with a focus on the design and implementation of a collect out strategy to recover a US$17.7bn portfolio of supply chain finance provided to clients throughout AMER, APAC and EMEA regions
• Options analysis and contingency planning for a large UK consumer credit provider in order to develop a strategy for the group to identify the most appropriate exits that maximise recoveries
• Contingency planning and administration of CashEuroNet UK LLC (t/a QuickQuid, Pounds to Pocket and OnStride Financial), including collect out of a £300 million portfolio, orderly wind down of operations and implementation of a large-scale remediation exercise
• Options analysis and contingency planning for an insolvency of a global real estate fintech platform
• Contingency planning and administration of the Wonga Group, including collect out of a £80 million portfolio, orderly wind down of operations and implementation of a large-scale remediation exercise for over 450,000 redress claimants

Away from the office I enjoy travelling to new and exciting destinations, trying to keep fit and following the rugby.