Quantuma establishes Asia presence with new Singapore team
Business advisory firm Quantuma has announced that it is expanding its international footprint into Asia with the launch of a new team based in Singapore.
Quantuma’s entry into the Asia-Pacific region follows a series of recent international office openings in key offshore financial centres, including Dubai, Cayman Islands, Mauritius, Poland, Cyprus, and most recently British Virgin Islands (BVI).
The Singapore team will be led by managing director, Luke Furler, who will also serve as Quantuma’s head of Asia. Starting his career in his native Australia, Furler has spent almost 10 years in Singapore, developing a highly sought-after expertise in cross-border insolvencies involving multi-jurisdictional litigation and asset recoveries.
He specialises in large and complex restructuring engagements and boasts considerable experience in managing global mandates for clients throughout the Asia-Pacific region.
Mr. Furler will be supported by managing director, Ellyn Tan, who joins the team after spending almost seven years at FTI Consulting. Ms. Tan has 15 years’ experience specialising in insolvency, restructuring and turnaround, as well as investigations and forensic accounting. Mr Furler and Ms Tan will be responsible for growing Quantuma’s presence in Asia, as well as providing the foundations for further expansion into the region.
The Singapore team will offer cross-border, large and complex restructuring, and insolvency services, in addition to forensic accounting. With significant demand for these services locally, the team is expected to grow to a headcount of 10 in the coming months.
In August 2020, the firm merged with K3 Capital Group plc, an AIM-listed group of professional services businesses, as part of its plan to continue at pace to build an international, multi-disciplinary advisory services firm.
Luke Furler, MD and head of Asia at the firm, said: “I am delighted to have joined Quantuma at such a pivotal time. There is already a very strong demand for our services across the APAC region from clients who value our independence and local and international network. With a well-established offshore footprint in Europe, the Caribbean, Africa, the Middle East, and now the Far East, Quantuma is very well positioned to provide integrated and agile advisory services to serve the needs of professional advisors, lenders and their clients in the region.”
Andrew Hosking, MD and head of International at the firm, said: “I am very pleased to welcome Luke and Ellyn to our growing offshore advisory team. Establishing a presence in Singapore has been an ambition for a number of years and represents a key milestone in the implementation of our offshore strategy. As with our other offices, our Singapore team, led by Luke Furler, is resourced with industry-recognised, leading talent, and builds on our position as a credible challenger to the Big 4, with deep regional and cross border expertise and independence at the heart of the firm.”