Duff & Phelps Adds Key Professionals to Expand Corporate Finance Consulting Segment

NEW YORK--(BUSINESS WIRE)--Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that it has added Managing Directors Kenneth J. Evola and Keith Keller and Director Matthew W. Douthit to its Corporate Finance Consulting segment. All three professionals join Duff & Phelps from Huron Consulting Group.

“These key hires underscore Duff & Phelps’ ongoing commitment to helping clients manage risk as well as value complex financial instruments”

Gerry Creagh, president of Duff & Phelps, said, "We are seeing growing demand for experts who provide an integrated view on risk, process and accounting issues. With the addition of these new team members, Duff & Phelps is enhancing its thought leadership in global valuation with expanded accounting advisory and governance capabilities as well as illiquid asset and derivative valuation services. Duff & Phelps is also expanding its presence in the Washington, D.C. market for complex public sector engagements.”

Evola joins the Washington, D.C. Metro office with integrated skills in accounting advisory and complex financial instruments valuations for illiquid investments. During his tenure at Huron, he served as a co-leader of the financial services practice and provided accounting advisory, valuation and due diligence services for public and private corporations and their external counsel. Previously, Evola led various accounting policy functions at Credit Suisse and Freddie Mac. Earlier in his career, he was an auditor at Coopers & Lybrand, covering banks, asset management firms and derivative companies.

In the Atlanta office, Keller serves clients in the areas of governance, risk management and compliance practices, focusing on alternative investments and risk policies. At Huron, Keller served as a managing director, the national leader for corporate governance advisory services and a co-leader of the financial services practice. Keller provided regulatory compliance, operating effectiveness, process improvement and risk management services to large financial service organizations and pension funds. Previously, Keller was deputy chief auditor and senior vice president for Wachovia and a partner with risk consulting services for Arthur Andersen and Deloitte & Touche LLP.

Douthit also joins the Washington, D.C. Metro office, providing deep valuation and risk control skills for complex illiquid investments. At Huron, Douthit’s responsibilities included providing valuation and due diligence services for structured credit products. Previously, Douthit led the middle office at Fannie Mae, where he implemented risk controls over valuation and transaction accounting for the investment portfolio. Prior to that, he was a portfolio manager, investing in whole loans and mortgage related securities.

"These key hires underscore Duff & Phelps’ ongoing commitment to helping clients manage risk as well as value complex financial instruments,” added Michael Athanason, leader of Duff & Phelps’ Corporate Finance Consulting segment. “Their expertise in asset pricing, valuation processes and risk policy management for large securities portfolios covers the full spectrum of valuation and risk management solutions now needed in the market. They are a strong addition to our focus on clients that need assistance in preventing serious issues with regulators and auditors.”

About Duff & Phelps

As a leading global independent provider of financial advisory and investment banking services, Duff & Phelps delivers trusted advice to our clients principally in the areas of valuation, transactions, financial restructuring, dispute and taxation. Our world class capabilities and resources, combined with an agile and responsive delivery, distinguish our clients' experience in working with us. With more than 1,200 employees serving clients worldwide through offices in North America, Europe and Asia, Duff & Phelps is committed to fulfilling its mission to protect, recover and maximize value for its clients. Investment banking services in North America are provided by Duff & Phelps Securities, LLC. Investment banking services in Europe are provided by Duff & Phelps Securities Ltd. Duff & Phelps Securities Ltd. is authorized and regulated by the Financial Services Authority. Investment Banking services in France are provided by Duff & Phelps SAS. For more information, visit www.duffandphelps.com. (NYSE: DUF)