EY has announced the appointment of three new private equity (PE) partners as it continues to invest in growth in this area.\u00a0\r\n\r\nJason Spencer, Naveen Tiwari and Peter Renon have all joined EY\u2019s Transaction Strategy and Execution (TS&E) team, which is based in London.\r\n\r\nSpencer will lead EY\u2019s TS&E London-based Technology Pre-Deal Advisory team. He brings 25 years\u2019 experience advising PE and corporate clients. Prior to joining EY, Spencer was managing director (Private Equity Performance Improvement) at Alvarez and Marsal. He specialises in the TMT and tech-enabled financial services sectors.\u00a0\r\n\r\nTiwari also joins the TS&E team as a partner, bringing 20 years\u2019 experience in advising corporates, PE and lending banks. He has worked on over 250 transactions across the UK, Europe and Asia. Prior to joining EY UK, Tiwari was the founding partner of TS&E in EY India, building it into a 60-member practice.\r\n\r\nFinally, Renon brings over 17 years\u2019 experience of mergers and acquisitions across various industries and specialises in finding innovative commercial, operational, and technical solutions to separating software and tech-platform businesses.\u00a0\r\n\r\nIn his new role, he will be focused on driving value creation during complex carve-out transactions. He previously worked as a senior director in Alvarez and Marsal's PE advisory team.\u00a0\u00a0\r\n\r\nFredrik Burger, partner, Private Equity in EY\u2019s Transaction Strategy and Execution team, said: \u201cI am thrilled to welcome Jason, Naveen and Peter to the team to further continue our growth in supporting PE clients on Operational and Technology topics. The post-pandemic period has brought both challenges and opportunities for PE firms.\u00a0\r\n\r\n\u201cThe investment decisions they make over the next 12 months will be fundamental for both the sector and the wider economy, transforming businesses and creating sustainable, long-term value. By investing in our talent, EY is ensuring it will continue to deliver Operational and Technology insight our clients need to achieve strong outcomes.\u201d\u00a0\r\n\r\nThe appointments follow the news of a $1bn (\u00a3819m) investment phased over four years to expand EY\u2019s PE capabilities. It has appointed Bridget Walsh as new EY Global Private Equity leader, effective 1 July 2022, to lead and deliver this initiative.