The Restructuring Creed: Grow, Adapt, Survive

Published on
August 12th, 2020
Duration
55 minutes

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43

The Restructuring Creed: Grow, Adapt, Survive

The Interview ·
Featuring Tony Alvarez and James Rasteh

Published on: August 12th, 2020 • Duration: 55 minutes

In the coronavirus pandemic, many companies have seen their revenue streams vanish and their balance sheets implode. How can businesses survive in the brave new world of COVID-19? This is the question that Tony Alvarez III, European Practice Leader at Alvarez and Marsal LP, and James Rasteh, CIO and Founder of Coast Capital, seek to answer in their exploration into business restructuring. Alvarez and Rasteh explore how companies can adapt, survive, and undergo productive change. Alvarez shares a glimpse into the world of business restructuring few else can offer, as he tells Rasteh about the many times he and his firm have rescued companies from the brink of bankruptcy. Filmed on August 10, 2020.

Comments

Transcript

  • JE
    Josef E.
    16 August 2020 @ 11:02
    1 1
    I am deeply concerned about the brainwashed european thinking. The Green Reset orchastered by elites like Gates or Schwab. Unbelievable where we are heading and how people get convinced.
    • JR
      James R. | Contributor
      24 September 2020 @ 19:18
      0 0
      ‘Green reset orchestrated by the elites’? ??? this interview was not meant for those who are allergic to science and data.
  • ES
    Edward S.
    12 August 2020 @ 16:05
    5 0
    The broad perspective Alvarez brings to the macro picture is extremely helpful in analyzing the economy. James' "long / short" questions were great. However, I wanted more depth. That line of questioning should not come at the end of the video. Overall a great job with two very smart folks.
    • JR
      James R. | Contributor
      24 September 2020 @ 19:16
      0 0
      Thank you Edward for the great ideas.
  • SM
    Stephane M.
    12 August 2020 @ 09:41
    16 21
    Bill Gates is not our friend. We don't need more people like him... au contraire!
    • BP
      Bryce P.
      17 August 2020 @ 01:02
      0 0
      Lost me when he praised Baal Gates. Totally showed his lack of intelligence. Gotta question hiring this........ to do business with your company when lacks basic skills to fundamentally understand the nonsense he uttered there. I’d be more direct but RV censors like all platforms do these days.
    • PM
      Parth M.
      18 August 2020 @ 06:54
      0 1
      Why not? You are saying we dont need smart peoples? Windows is still the most used operating system. Just think about it without him and without Microsoft typing all the DOS command manually in the system. And how many jobs windows operating system alone created and now Azure cloud is creating. Also by signing a Giving pledge via Bill and Melinda gates foundation he donated almost $50 billion as of now. What ever fortune he build for himself, because he is genius and by donating into healthcare and countries like Africa, India he and his foundation helping a lot of people. Believe it or not we do need smart people like him.
  • JJ
    John J.
    16 August 2020 @ 16:37
    1 1
    I did not get anything out of this discussion
  • RL
    Ruby L.
    15 August 2020 @ 22:52
    1 1
    Tony puts a ‘face’ on the crisis in a unique way and rallies the CEO troops to lead the way ahead. Refreshing and very insightful. Would like more of this.
  • GA
    Gabriel A.
    15 August 2020 @ 01:43
    2 0
    Companies have done little beyond adding a label, marketing and talking about change.
  • JS
    James S.
    14 August 2020 @ 02:34
    1 1
    Probably one of the best non-macro interviews on real vision. One of the things I love about real vision is the deep dives from a top down basis. Inverting that process and really looking at the pieces from the bottom up helps as well.
  • CD
    C D.
    13 August 2020 @ 02:13
    0 0
    I agree with Tony as so far as "experience" is concerned. After starting as a grad with a Big 4" in Australia, then, MBA into Private Equity it became very obvious that there was no substitute for "hands-on" experience. Upon reflection, and as is my experience now, we're not interested in people whom don't have OpCo competencies. Truth be told and during my professional tenure clients would always criticise the size of our slide decks. We will always back "hand-on" over anything else. Great interview!
  • bm
    brian m.
    12 August 2020 @ 19:38
    3 0
    Its amazing how many people see greed in other people.
  • MB
    Michael B.
    12 August 2020 @ 09:50
    3 0
    Good to see people rising up to the challenge of what is needed for such a business. Keep getting better!
  • DS
    David S.
    12 August 2020 @ 07:24
    6 0
    Remarkably interesting and difficult business. Having an experience personnel pool broad enough to handle so many types of problems is really difficult. Good luck. I think that you will have all the business you can handle over the next few years. DLS

Chapters

  1. 00:01:57
    Background of Alvarez & Marsal
  2. 00:10:07
    Role of Risk and NMC Health Case
  3. 00:14:24
    What Do Public Investors Misunderstand about Companies?
  4. 00:17:59
    Activist Investing
  5. 00:23:31
    Business Restructuring During COVID-19: The Importance of Cash
  6. 00:30:56
    Impact of COVID-19 on Real Estate, Retail, and Healthcare
  7. 00:42:30
    Thoughts on Social Unrest and Corporate Values
  8. 00:51:36
    Rapid Fire Questions: Long or Short?