Cork Gully

What Cork Gully does

Cork Gully is an independent specialist advisory firm and portfolio manager specialising in restructuring, special situations, and fund value recovery. Founded in 1906 by WH Cork as WH Cork & Co, formally established as Cork Gully in 1935, and bought out of PricewaterhouseCoopers by management in 2010, the firm operates from London with offices in New York, Guernsey, Jersey, Luxembourg, the Cayman Islands, Mauritius, and Frankfurt. The firm serves distressed corporates, creditors and lenders, investment funds, and courts through four integrated service pillars: Restructuring & Turnaround, Special Situations & Managed Exits, Corporate & Fund Services, and Fund Solutions & Value Recovery. Engagements are delivered on a senior, partner-led basis with an average of 30+ years of restructuring experience per partner, covering formal insolvency appointments (administrations, liquidations, receiverships, CVAs), accelerated M&A, digital asset recovery, offshore contentious insolvency, and fund governance roles including replacement GP, successor asset management, and GP/LP advisory.

The firm generates revenue through professional advisory fees, fiduciary appointment fees, and ongoing managed services for fund portfolios. Pricing is negotiated on a bespoke basis with no publicly disclosed fee schedule, positioning the firm in the premium segment of the restructuring market. GTM motion is sales-led and partner-driven, with mandates sourced through direct pitching, court and creditor appointments, and referrals from banks, law firms, and other professional advisors. The firm has executed 1,000+ restructurings and $20bn+ in managed exits as cumulative track record. Recent strategic moves include the June 2026 Frankfurt (DACH) office opening, the hire of Michiel Boorsma to lead private credit, the launch of a Digital & Complex Assets service line, and high-profile mandates including administrator appointments for Eagle Football Holdings (March 2026) and liquidation of crypto platform Yield App. Cork Gully is structured as a limited liability partnership registered in England and Wales (OC357274), wholly owned and controlled by its management partners, with no external private equity or institutional investors identified.

Name

Cork Gully

Legal name

Cork Gully LLP

Website

https://corkgully.com

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

11–50 employees

Short description

Cork Gully is an independent London-based specialist advisory firm providing restructuring, special situations, and fund value recovery services to distressed corporates, creditors, investment funds, and courts across eight international jurisdictions.

Ownership category

akta.pro rank

Product category

Restructuring Advisory Services

NAICS

Activities Related to Credit Intermediation (5223), Credit Intermediation and Related Activities (522)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK)

Keywords

• Restructuring advisory services
• Corporate insolvency services
• Special situations advisory
• Fund value recovery
• Creditor advisory services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Restructuring & Turnaround Advisory: Cork Gully generates revenue through professional advisory fees for restructuring, turnaround, and special situations engagements. Fees are typically charged for senior partner-led advisory services including independent business reviews, options appraisal, creditor negotiations, and execution of restructuring solutions.
2. Fiduciary & Administration Services: The firm acts as court-appointed or creditor-appointed fiduciaries, administrators, liquidators, receivers, and trustees. Revenue derives from fiduciary appointments in formal insolvency processes, fund wind-downs, and governance mandates.
3. Fund Solutions & Portfolio Management: Cork Gully Asset Managers provides portfolio management, successor GP services, and asset management for distressed or end-of-life funds, generating fees for ongoing fiduciary oversight and value recovery.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Cork Gully is a specialist advisory firm and portfolio manager offering independent restructuring, turnaround, and special situations services to companies, creditors, funds, and courts. The firm's core offerings span four pillars: corporate and financial restructuring, formal insolvency and creditor advisory, special situations and managed exits, and fund solutions including portfolio management, GP/LP advisory, and value recovery from illiquid or distressed assets. Services are delivered by licensed insolvency practitioners and senior partners across multiple UK and international jurisdictions.

Product overview

Cork Gully is a specialist advisory firm offering a comprehensive portfolio of restructuring, turnaround, and advisory services. The firm operates as a unified service offering organised into four main pillars: Restructuring & Turnaround (including corporate turnaround, financial restructuring, formal insolvency, and creditor advisory), Special Situations & Managed Exits (covering accelerated M&A, digital assets, offshore contentious insolvency, and forensic investigations), Corporate & Fund Services (providing fiduciary roles including independent directors, interim managers, monitorships, and replacement GP services), and Fund Solutions & Value Recovery (encompassing portfolio management, GP/LP advisory, asset realisation, and secondaries). These services are delivered by licensed insolvency practitioners and senior partners across multiple jurisdictions including London, Guernsey, Jersey, Luxembourg, Cayman Islands, Mauritius, and Frankfurt.

Differentiator

Problem solved

Functional benefit

Products and services

• Restructuring & Turnaround Independent, senior-led restructuring and turnaround services that help companies, creditors, and investors navigate financial stress, stabilising businesses and protecting value.
• Corporate Turnaround & Stabilisation Hands-on services helping companies facing financial or operational stress regain stability through liquidity management, crisis governance, and working capital programmes.
• Financial Restructuring Services Works with companies, lenders, and investors to design and implement financial restructurings, creating sustainable capital structures and facilitating complex negotiations.
• Complex Group Simplification Services Streamlines group structures and designs solvent exit strategies that release trapped value, eliminate dormant entities, and manage regulatory considerations.
• Formal Insolvency & Contingency Planning Guides boards and creditors through formal insolvency processes including administrations, CVAs, and liquidations with licensed practitioners.
• Creditor & Stakeholder Advisory Services Independent reviews, recovery analysis, and negotiation expertise for lenders, bondholders, and investors to protect and recover value in distressed situations.
• Special Situations & Managed Exits Bespoke solutions for distressed, underperforming, or non-core assets requiring specialist expertise with rapid stabilisation and value recovery strategies.
• Managed Exits Controlled wind-down strategies for funds and corporates ensuring transparency, discipline, and maximised recoveries in sensitive exit scenarios.
• Accelerated M&A Accelerated M&A processes in distressed contexts combining restructuring expertise with transaction execution for certainty, speed, and value preservation.
• Digital & Complex Assets Managing, recovering, and realising value from digital assets including cryptocurrency holdings, illiquid investments, and hard-to-value instruments with secure custody frameworks.
• Offshore Contentious Insolvency Complex offshore insolvencies involving cross-border disputes and competing creditor claims with independent fiduciary oversight.
• Disputes, Investigations & Forensic Independent forensic reviews, investigations, and asset tracing to uncover misconduct and support dispute resolution for litigation or regulatory proceedings.
• Corporate & Fund Services Comprehensive fiduciary and governance services including independent directors, trustees, and fiduciaries providing impartial oversight across corporates and funds.
• Interim Management & Restructuring Officers Experienced CROs and interim executives delivering immediate impact during crisis through liquidity stabilisation and governance restoration.
• Independent Directors & Trustees Impartial oversight where conflicts or governance breakdowns arise, providing independent board oversight and dispute resolution for shareholders and creditors.
• Interim Shareholder Solutions Acts as independent shareholder where ownership or control is uncertain, disputed, or conflicted, providing stability and enabling decision-making during transition.
• Court or Creditor Appointed Fiduciaries Fiduciary appointments by courts and creditor groups to oversee contentious recoveries with transparent approach ensuring fair outcomes.
• Monitorships Independent monitoring for regulators, creditors, or courts requiring oversight of governance, compliance, and restructuring agreements.
• Replacement GP Successor GP services where LPs lose confidence in incumbent, providing independent fund governance and asset realisation strategies.
• Fund Solutions & Value Recovery Helps GPs, LPs, and investors recover value from illiquid portfolios, legacy funds, and complex assets with independent fiduciary services.
• GP/LP Advisory Services Impartial advice to GPs and LPs on governance, fund restructurings, and disputes with stakeholder alignment and representation.
• Portfolio Management Hands-on management of illiquid, distressed, or legacy portfolios with disciplined oversight, exit strategies, and transparent reporting.
• Successor Asset Management Replacement portfolio manager for funds where conflicts, underperformance, or disputes arise, designing realisation strategies and managing distributions.
• End of Fund Life Solutions Tailored solutions for funds approaching or beyond term, designing continuation or wind-down strategies and resolving GP/LP deadlocks.
• Asset Realisation Strategies Structured strategies to unlock value from illiquid or distressed assets with asset-by-asset roadmaps and transparent reporting.
• Secondaries, GP Stakes & Carve-Outs Advisory and execution of secondary sales, GP stakes, and portfolio carve-outs providing liquidity for investors and managers.

Quantifiable outcome

• 1000+ restructurings and workouts completed
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Interpath Advisory: UK restructuring and advisory firm spun out from KPMG in 2021, focusing on corporate restructuring, creditor advisory, and forensic services — directly comparable to Cork Gully as a senior-led, UK-rooted restructuring boutique competing for similar mandates.
• Teneo: Global advisory firm with a strong restructuring practice alongside strategy and communications — directly comparable to Cork Gully in providing senior-led, cross-border restructuring and special situations services from London and key international financial centres.
• Alvarez & Marsal: Global restructuring advisory firm providing turnaround, creditor advisory, and interim management services to distressed corporates and funds — directly comparable to Cork Gully's core restructuring and special situations franchises, with overlapping senior talent (Haroon Ansary and Alain Le Berre both served at A&M).
• AlixPartners: Leading global restructuring and turnaround consultancy serving distressed corporates, lenders, and sponsors with turnaround, financial restructuring, and insolvency services — directly competing for the same complex, cross-border mandates as Cork Gully.
• FTI Consulting: Major global restructuring and forensic advisory firm with extensive creditor-side, corporate-restructuring, and dispute practices — directly comparable to Cork Gully across restructuring advisory and forensic investigations.
• Huron Consulting Group: US-listed consultancy with a dedicated restructuring practice serving distressed corporates and lenders — directly comparable to Cork Gully with talent overlap (Alain Le Berre led European Restructuring at Huron before joining Cork Gully).
• Kroll: Global financial advisory firm offering restructuring, valuation, and forensic services — directly comparable to Cork Gully with overlapping talent (Haroon Ansary and Richard Clarke both previously led restructuring at Kroll) and overlapping creditor/restructuring mandates.
• FRP Advisory: UK-listed specialist restructuring, recovery, and advisory firm — directly comparable as a UK-headquartered restructuring boutique providing restructuring, advisory, and insolvency practitioner services to mid-market and larger distressed corporates.
• Begbies Traynor: UK-listed specialist insolvency and restructuring firm with broad UK and offshore coverage — comparable to Cork Gully in providing licensed insolvency practitioner services, formal insolvency appointments, and corporate restructuring advisory.

Broad incumbents

• KPMG (UK Restructuring practice): Big 4 firm with a substantial UK and international restructuring advisory practice providing creditor advisory, insolvency, and turnaround services — comparable to Cork Gully in scale and mandate profile but part of a much broader professional services portfolio and structurally conflicted by audit relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cork_gully
• YouTubeyoutube.com/channel/UCeJphoaj1pqhcOAifmLBD2g
• Facebookfacebook.com/CorkGully
• LinkedInlinkedin.com/company/cork-gully-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cork Gully