PwC strengthens Debt & Capital Advisory team with two senior appointments

PwC has today announced the appointment of two new directors, Julian Osborne and Craig Monks, to its Debt & Capital Advisory team, further strengthening its capabilities across asset-based lending (ABL), leveraged finance and restructuring, and supporting clients across the capital structure in an evolving financing environment.

Julian Osborne brings over 15 years of experience in the ABL market across both advisory and lending roles. A qualified Chartered Accountant, Julian previously spent four years in PwC’s Deals team, focusing on mid-market restructuring and ABL-related work. He returns to the firm following a decade at leading ABL provider, Wells Fargo, where he held senior roles across portfolio management and, more recently, originations. Over the past six years, he has been responsible for sourcing and structuring new transactions, closing a significant number of deals across bilateral and club structures. His experience spans a wide range of sectors including industrials, retail, food production, plant hire, aviation and distribution, with transaction sizes ranging from £15 million to £225 million.

Craig Monks joins the Debt & Capital Advisory team and will be based in PwC’s Manchester office. He joins from Fellwood Advisory, where he advised clients on a range of debt transactions. Prior to this, Craig spent nine years in direct lending at TDC (formerly Tosca Debt Capital), where he played a key role in growing the business to approximately £1 billion of assets under management, including supporting a strategic partnership with KKR in 2023. He began his career at EY, where he trained and gained experience across restructuring and debt advisory. Craig brings significant experience in the leveraged finance market, with a strong track record of raising cashflow facilities typically ranging from £10 million to £100 million for privately owned and sponsor-backed businesses.

Lucy Stapleton, Global and UK head of Deals at PwC, said:  

“We are delighted to welcome Julian and Craig to the team. Their combined experience across asset-based lending, direct lending and debt advisory further enhances our ability to support clients in navigating an increasingly complex financing landscape. Julian’s deep expertise across ABL origination and structuring, alongside Craig’s strong track record in leveraged finance and building lending platforms, will be invaluable as we continue to grow our offering and support clients across the capital structure.”