Duff & Phelps Opens a New Office in Munich

New York (ots/PRNewswire) -

Duff & Phelps, one of the world's leading independent financial
advisory firms, is pleased to announce the opening of a new office
in Munich, Germany as part of its continued global expansion.

Dr. Christian Aders has joined Duff & Phelps as a Managing
Director to head the Munich office. Dr. Aders was previously a
Partner at the corporate finance department of KPMG in Munich. He
brings a wealth of experience in financial reporting and tax
valuation, intangible asset valuation, fairness opinions, merger
advice, value based management, value analysis of business plans and
corporate strategies. Dr. Aders is a Certified EFFAS Financial
Analyst and received his Diplom-Kaufmann and his Doctor degrees from
Ludwig-Maximilians-Universitat Munich where he teaches as a visiting
lecturer on business valuation. In addition Dr. Aders is a member of
the Society of Investment Professionals in Germany (DVFA) and of the
International Association of Consultants, Valuers and Analysts
(IACVA) Germany.

In conjunction with the new office opening, Duff & Phelps will
consolidate its office in Dusseldorf, Germany, with the Munich
location. Frank Bollmann, Managing Director of the Dusseldorf office
and a specialist in financial reporting valuations, will relocate to
Munich. The newly combined German office will concentrate on
providing financial reporting and tax valuation, transfer pricing,
real estate and fixed asset services, investment banking, corporate
finance and transaction advisory services to companies across a
variety of industries and to private equity funds.

Kleon Phili, Managing Director in charge of Duff & Phelps'
international operations, said, "Since the introduction of new IFRS
in 2005, there is an increasing need for our services in Europe.
Listed companies are now required to obtain valuations of tangible
and intangible assets and businesses relating to mergers and
acquisitions, goodwill impairment testing and the issuance of
employee stock options. This, in addition to the convergence of IFRS
and U.S. GAAP towards fair value reporting, has increased the demand
for valuation services globally and has led to the opening of our
Munich office. As a leading independent financial advisory firm, Duff
& Phelps is uniquely qualified to assist European companies with
their valuation and financial reporting needs."

Noah Gottdiener, Chief Executive Officer of Duff & Phelps, said,
"Duff & Phelps continues to expand by adding strategically to all of
our offices around the globe. I am very excited that Christian has
joined Duff & Phelps to open our new office in Munich, and believe
that his background and experience will be extremely valuable to our
European clients."

About Duff & Phelps

Duff & Phelps, LLC is one of the world's leading independent
financial advisory firms serving client needs in the areas of
valuation, investment banking and transaction advice, and dispute
consulting. We are the foremost provider of industry focused,
independent and objective valuation insight and advice. Our services
include financial reporting and tax valuation, transfer pricing, real
estate and fixed asset services, merger and acquisition advisory,
fairness and solvency opinions, due diligence and dispute consulting.
With more than 700 employees serving clients worldwide through
offices in the United States, Europe and Asia, Duff & Phelps is
committed to delivering insightful advice and service of exceptional
quality, integrity and objectivity. For more information, visit
http://www.duffandphelps.com.

Media Contact:
Sherri Saltzman
+1-973-264-2329
Sherri.Saltzman@duffandphelps.com

Web site: http://www.duffandphelps.com

ots Originaltext: Duff & Phelps, LLC
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Sherri Saltzman of Duff & Phelps, +1-973-264-2329,
Sherri.Saltzman@duffandphelps.com