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Alvarez & Marsal Appoints Scott as a MD in Private Equity Performance Improvement Group

January 12, 2023, 07:00 AM
Related: Alvarez & Marsal

Alvarez & Marsal (A&M) appointed Tom Scott as a Managing Director within the Private Equity Performance Improvement Group (PEPI) and a Leader in its Real Estate Practice concentrating on driving operational and financial performance improvement. Mr. Scott’s joining bolsters A&M’s real estate sector expertise and augments the firm’s ability to help clients maximize value against the backdrop of economic volatility and shifting commercial real estate (CRE) needs.
 
Scott has 30 years’ experience advising CRE owners, real estate investment trusts (REIT), institutional investors, managers and occupiers, across the US, EMEA and Asia, on strategies for capitalizing on opportunities and minimizing risks. Mr. Scott’s notable engagements, across a broad range of client objectives, include:

  • Cost Takeout – Led an offshore property accounting platform implementation for a vertically integrated private equity (PE) firm with a portfolio of 100+ office properties of 25MM square feet, yielding $160MM in savings over five years.
  • Process Improvement – Delivered a global lease accounting program for the largest global REIT/information management firm with more than 2,000 locations.
  • Platform Design – Transformed a global lease accounting platform for the largest global coworking company with 1,900 locations in19 countries.
  • Due Diligence – Managed the buy side due diligence team for a large PE global CRE owner, overseeing lease abstraction and modeling of $100B+ industrial, office, retail and data center portfolios/assets over five years.
  • Merger Integration – Integrated two of the largest industrial owner/operators for a global PE fund, creating an operating platform for property accounting of 1,000+ locations of 200MM square feet of industrial assets in 35 states.
  • Technology Innovation – Led the development of various artificial intelligence (AI) tools to streamline and the reduce the cost of lease, loan, management and partnership agreement abstraction.

Nick Alvarez, Managing Director and PEPI’s North America Practice Leader, emphasized the firm’s strategic commitment to the real estate industry. “Tom’s extensive commercial real estate knowledge and in-depth operational background aligns with our heritage and the needs of our corporate and PE clients. His ability to navigate sector complexities will benefit clients seeking public and private real estate opportunities.”  
 
Prior to joining A&M, Scott served in senior leadership roles building onshore/offshore CRE platforms focused on property accounting, lease administration, transaction diligence, financial planning and analysis (FP&A), and transaction diligence. Earlier in his career, Mr. Scott served as a partner with EY where he developed the Real Estate Consulting Practice in Asia/Pacific and Europe.
 
Hunt Holsomback, a PEPI Managing Director and Leader of its Corporate Real Estate and Performance Improvement service, added, “Tom’s CRE experience spans across retail, office, industrial, data centers, multifamily, single-family rentals and hospitality. The dual pressures of higher interest rates and historic inflation make financial performance and value creation in these sectors increasingly important. Tom’s focus on operations, asset and fund management, investor reporting, valuations and modeling will augment our ability to maximize value and drive change for clients.”
 
Scott earned a Bachelor of Science degree in Economics and a Certificate in Programming and Data Processing from the University of Southern California.  







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