Berkshire Capital expands Aus team and appoints Principal and Exec Director

US investment bank Berkshire Capital, a provider of strategic and M&A advisory services, has announced the expansion of its Australian team, appointing Nelson Lam as principal and executive director of Berkshire Capital Australia, based in the firm's new Sydney office.

Lam has 20 years' experience across investment banking, asset management and alternative investments combined with commercial, advisory and business development experience across multiple industries. Most recently, he was the director of fund management sector advisory for Chase Corporate Advisory. Prior to that, he was the CIO for Ascalon Capital Managers.

Joining Lam in the Sydney office is Glenn Dunn who has been appointed as the bank's vice president.

Commenting on both new hires, Ian Martin, Berkshire's vice-chair, Asia Pacific, said: "I have known Nelson for a number of years and am pleased that he is joining the Berkshire team to help us build on the position that we have established to date. The addition of Nelson and Glenn will allow us to take on a broader array of opportunities and is very timely given the market developments we are seeing."

Lam added: "I am excited to be joining such a highly respected firm with its global connectivity and client oriented culture. The timing was ideal as the Australian financial services industry is undergoing transformative changes, increasing the need for independent corporate advice based on deep sector expertise with a global perspective."

Concurrent with this development, Berkshire has announced that Ian Martin, who has led Berkshire's efforts in the Asia-Pacific region for the last seven years, will continue his affiliation with the bank but will be dedicating more time to his various non-executive directorships and other interests.