Ankura completed the acquisition of Newstate Partners.

Ankura, an expert services and advisory firm, completed the acquisition of Newstate Partners, a sovereign debt advisory firm. Financial terms were not disclosed. “We are excited to be a part of Ankura, because of its incredible suite of complementary advisory services. Debt restructuring is only one facet of a spectrum of challenges facing sovereign nations. With Ankura, we will enhance our capabilities as sovereign debt advisors and deliver comprehensive solutions to clients managing complex challenges, now and in the future,” Spencer Jones, Newstate Partners Managing Partner.