RCS - MJ Hudson Group PLC - Strategic Partnership With Cork Gully

MJ HudsonAnnouncement

14/06/2022 07:00

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RNS Number : 7218O  MJ Hudson Group PLC  14 June 2022

 
14 June 2022

 

 

 

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

 

MJ Hudson Announces Strategic Partnership With Cork Gully

 

MJ Hudson, the end-to-end solutions provider to the asset management industry,
today announces a new strategic partnership with leading restructuring
practice, Cork Gully, providing MJ Hudson and its clients with access to the
growing market for private markets fund restructurings and further extending
the full-service solutions provided by the Group.

Pursuant to this partnership, Cork Gully will provide restructuring,
insolvency, and supplemental and replacement manager services. The Company
expects that its existing clients will have a need for these services and may
prefer to access them through its trusted adviser, MJ Hudson, rather than an
additional third party. MJ Hudson will also provide its existing services to
Cork Gully's clients, such as regulatory advice, fund and manager
domiciliation, legal services, and fund administration services.

Fund restructurings may be desirable as a result of strategic changes to an
investment programme, or where a successful investment vehicle needs to
restructure in order to capture additional value creation opportunities in the
portfolio. Restructurings may also be necessary where the structure or a
connected party is under stress due to economic, public health, or political
events. There have been several high-profile restructuring cases, in recent
years, including Abraaj, and, as the impacts of Covid and geopolitical
upheaval are worked through, the Company expects that demand for these
services will increase. Cork Gully's wide-ranging experience in restructuring
and special situations is the perfect complement to MJ Hudson's deep private
markets expertise.

Matthew Hudson, CEO of MJ Hudson said: "Cork Gully is a leading restructuring
practice, built on a solid heritage, and I am delighted to partner with the
firm. As ever, we have entered into this partnership because we believe it
usefully extends the services we can provide to our clients. This will
continue to be the determining factor as we assess further opportunities to
add services and scale, through acquisition and partnership."

ENDS

For further information contact:

 

MJ Hudson Group plc                     +44 20 3463 3200

 Matthew Hudson, CEO

 Matthew Craig-Greene, CMO

 Katherine Hazelden, PR Director

 Cenkos Securities (NOMAD and Broker)    +44 20 7397 8900

 Giles Balleny

 Stephen Keys

 Callum Davidson

 Buchanan (PR Adviser)                   +44 20 7466 5000

 Stephanie Whitmore

 Kim Looringh-van Beeck

 Hannah Ratcliff

 

 

 

About MJ Hudson

 

MJ Hudson (AIM:MJH) is the end-to-end solutions provider to
the US$100 trillion+ asset management industry, specialising in its fastest
growing segment, private markets (including private equity and venture
capital).

The Company offers investors access to the growth in private markets as a
tech-enabled 'picks and shovels' play.

Founded in 2010, by CEO Matthew Hudson (a private markets lawyer and former
fund manager), MJ Hudson was admitted to the AIM market of the London Stock
Exchange in 2019. The Group has grown to more than 300 professionals, serving
more than 1,000 clients, across the globe, including some of the industry's
largest players and 18 of the FTSE 100.

Several factors have contributed to the Group's success, to date, and support
strong growth expectations, for the future:

1. Private markets are growing fast, and MJ Hudson provides the picks and
shovels

2. As private markets grow, so do scrutiny and regulation, increasing the need
for the Group's specialist advice and services, particularly in areas like
ESG, where it has award-winning solutions

3. As it evolves, the sector is increasingly embracing technology, data, and
analytics, where MJ Hudson has market-leading and award-winning tools and in
which it continues to invest

4. The Group's multi-service approach creates multiple client touchpoints,
building stronger, longer-term relationships, and making it easier to sell in
additional MJ Hudson services

5. Performing these services generates vast amounts of data, which MJ Hudson
aggregates and analyses, in order to further support its clients, by
developing next-generation tools and fine-tuning existing services

For more information, please visit our website: https://mjhudson.com/
(https://mjhudson.com/)

 LinkedIn: www.linkedin.com/company/mj-hudson/
(https://www.linkedin.com/company/mj-hudson/)

Twitter: twitter.com/MJHudsonCorp (https://twitter.com/MJHudsonCorp)

 

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