Chartwell Welcomes Michael Grad, Adds New York Presence and Financial Restructuring Group

NEW YORK – July 20, 2017 – Chartwell is pleased to announce the appointment of Michael Grad as a Managing Director.  With more than 30 years of experience in the investment banking and insurance industries, Michael will open a New York office and expand Chartwell’s Corporate Finance practice through the establishment of a Financial Restructuring group.

“Led by Michael, Chartwell’s Financial Restructuring practice will advise parties on debt restructurings both in and out of bankruptcy.  This complementary advisory practice will leverage our existing expertise in capital markets, M&A, and valuation,” said Greg Fresh, Managing Director and Head of Corporate Finance at Chartwell. “Michael’s investment banking and corporate finance expertise will greatly augment our existing service offerings and expand us into new opportunities.”

Prior to joining Chartwell, Michael was a Senior Managing Director in the Restructuring Group at AIG, which was responsible for successfully repaying $182 billion of government assistance.  Michael was involved in the repayment of the Federal Reserve Bank ($49B), asset sales ($55B), capital markets financing ($20B), and the renegotiation of the U.S. Treasury TARP investment into common stock ($49B).  After the government repayment (including a $23B profit), Michael served as Corporate VP-Finance and COO of the AIG Finance Department for four years.

Prior to joining AIG, Michael was an investment banker for 25 years.  He led the U.S. Financial Sponsor coverage group at ABN AMRO for seven years and served as a Managing Director in Financial Sponsor Coverage at UBS Warburg and as a Managing Director in M&A at Bear Stearns.  Furthermore, he was the founder and head of the Bankruptcy and Restructuring and Leveraged Finance groups at Schroder Wertheim & Co. (now part of Citigroup).  Michael began his career as a corporate and tax lawyer at Simpson, Thacher & Bartlett.

Since 2009, Michael has also been an Adjunct Professor at the Columbia University Graduate School of Business where he teaches a second-year elective in Financial Restructuring.  Michael has a JD/MBA from Stanford University and a BA, cum laude, from Yale University.

Michael can be contacted at, or at (917) 828-4012.


About Chartwell Financial Advisory

With six offices across the country, Chartwell is a national leader in financial advisory for middle-market companies.  Since 1995, the firm has provided creative, responsible, and unbiased advice and solutions to assist company boards, fiduciaries, shareholders, and management teams in achieving their goals and objectives.  Chartwell’s services include providing strategic alternatives, M&A (buy and sell-side), capital markets, financial restructuring, executive compensation, sustainability, transaction opinions, and valuations.  For more information, visit