Duff & Phelps Opens a Paris Office

New York (ots/PRNewswire) -

Duff & Phelps, one of the world's leading independent financial
advisory firms, has announced the opening of a new office in Paris,
France as part of its continued European expansion.

Yann Magnan has joined the firm as a Managing Director to open and
lead the Paris office. He has more than 11 years of experience,
advising clients on international transactions, corporate finance and
related valuation matters, including business valuations, intangible
asset valuations, tax valuations and transaction advisory.

Mr. Magnan joins Duff & Phelps from Ernst & Young France where he
was the Southwest Europe leader for the Valuation & Business Modeling
practice. While at Ernst & Young France, Mr. Magnan performed
numerous purchase price allocations and asset impairment tests for
purposes of both IFRS and U.S. GAAP. Mr. Magnan was responsible for
developing financial reporting valuation expertise at Ernst & Young
France and was involved in firm-wide working groups on those issues.

Mr. Magnan graduated with a Diplom-Ingenieur degree in Engineering
from the Ecole Centrale Paris. He has presented numerous lectures on
valuation- related topics in France and abroad.

Kleon Phili, Managing Director in charge of Duff & Phelps'
international operations, said, "Since the implementation of IFRS in
2005, EU listed companies are 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 has increased the demand for valuation
services globally and has led to the opening of our Paris office. As
a leading independent financial advisory firm, Duff & Phelps is
uniquely qualified to assist companies with their valuation and
financial reporting needs."

Gerard Creagh, President of Duff & Phelps, said, "I am very
excited about the opening of our fifth European office. We remain
committed to building a global footprint to meet the local country
requirements of our clients."

"The opening of our Paris office and the addition of Yann furthers
our European presence and underscores our commitment to building our
scale globally," said Noah Gottdiener, Chief Executive Officer of
Duff & Phelps.

About Duff & Phelps

Duff & Phelps is one of the world's leading independent financial
advisory firms serving client needs in the areas of valuation,
investment banking, transaction advice, and dispute consulting. Duff
& Phelps is the foremost provider of industry focused, independent
and objective valuation insight and advice. Services include
financial reporting and tax valuation, transfer pricing, real estate
and fixed asset services, merger and acquisition advisory, financial
restructurings, fairness and solvency opinions, due diligence and
dispute consulting. Investment banking services are provided by Duff
& Phelps Securities, LLC, an NASD registered broker-dealer. With more
than 800 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.

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


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