Hawkpoint, the UK-based independent corporate finance adviser, has formed a strategic alliance with Chanin Capital Partners of the US to capitalise on the burgeoning restructuring market.

Hawkpoint and Chanin will jointly advise on restructuring assignments involving companies with both US and European elements to their businesses or stakeholders. Chanin Capital Partners is an investment bank that specialises in financial restructuring, mergers and acquisitions, corporate finance, valuations and fairness and solvency opinions. The group has over 50 full-time professionals and has completed over $80bn (€79.3m) worth of financial restructuring transactions since its formation in 1990.