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. 

Read more: Private Equity Wire