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Albert Stein

Managing Director
Alix Partners

Albert Stein is a Managing Director within the Turnaround and Restructuring Services practice at AlixPartners. He is widely recognised as one of the most experienced restructuring experts in the market, and has specialized in shipping and offshore restructurings for over 25 years. Before joining AlixPartners in 2010, Albert spent 29 years at JPMorgan. During the shipping downturn in the early 1990s Albert lived in Norway restructuring a number of shipping and oil support companies. He then devised the novel Chapter 11 strategy for the seismic/FPSO company, Petroleum Geo-Services. During a stint living in Russia during the 1998 crisis, he used a complex derivative scheme to rescue a major Russian oil company. Afterwards, he then returned to London to take control over the restructuring of JPMorgan's shipping and offshore book. While shipping and offshore markets prospered, Albert led creditor negotiations for the Iraqi government in their sovereign restructuring and led the creditors' committee of one of Australia's biggest commercial property companies.Since joining AlixPartners, he has led the team which is now recognized as one of the strongest advisory teams in shipping and offshore restructuring. Recently, the team has been involved in major offshore restructurings in Norway and Brazil.

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