Mon, Jul 23, 2012

Duff & Phelps Adds Two Managing Directors To Due Diligence Team

NEW YORK, July 23, 2012 - Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that Gregory Chin and Geon Lee have joined its Due Diligence practice, part of the Alternative Asset Advisory business, as managing directors in the Boston office.

"Gregory and Geon bring deep technical expertise and rich experience working on a broad range of complex transactions," said Raphael “Ray” Newman, leader of Duff & Phelps' Due Diligence practice. "With the increased levels of deal activity that we are seeing, particularly in the middle market, this caliber of expertise is critical to growing our team of transaction advisors. Our expanded group of professionals will continue to deliver exceptional technical and operational guidance that ultimately help power sound decisions for our clients." Duff & Phelps’ Due Diligence team advises buyers and sellers on the financial, tax, benefits, information technology and operational aspects of the due diligence process in the specific context of their transaction. Working with private equity funds and strategic buyers, Duff & Phelps focuses on the value drivers of a business, deal issues, quality of earnings and cash flows. Comprised of professionals from some of the world's largest accounting firms, the team is unencumbered by conflicts and independence issues – allowing due diligence services to be combined with other Duff & Phelps capabilities, such as valuation, fairness opinions, tax advisory, dispute resolution and buy- and sell-side investment banking services.

Greg Chin joins from the Boston office of FTI Consulting, where he provided due diligence services. Previously, Greg was in the Transaction Services and Audit practices at PwC. He has also served as Director of Strategy & Product Development at Veritude, a Fidelity Capital portfolio company. Greg is a CPA and holds an M.S. in Finance from the Carroll School of Management at Boston College, as well as a BSBA in Accounting from the Boston University School of Management.

Geon Lee also joins from the Boston Office of FTI Consulting, where he provided due diligence services. Prior to that, he was in the Transaction Services practices at PwC and KPMG. Geon is a CPA and holds a B.A. in Economics and Accounting from Claremont McKenna College.

About Duff & Phelps
As a leading global financial advisory and investment banking firm, Duff & Phelps balances analytical skills, deep market insight and independence to help clients make sound decisions. The firm provides expertise in the areas of valuation, transactions, financial restructuring, alternative assets, disputes and taxation, with more than 1,000 employees serving clients from offices in North America, Europe and Asia. Investment banking services in the United States are provided by Duff & Phelps Securities, LLC; Pagemill Partners; and GCP Securities, LLC. Member FINRA/SIPC. M&A advisory services in the United Kingdom and Germany are provided by Duff & Phelps Securities Ltd. Duff & Phelps Securities Ltd. is authorized and regulated by the Financial Services Authority. For more information, visit (NYSE: DUF)