Special Situations Advisory
Duff & Phelps assists stakeholders, including investors and creditors, to identify solutions in distressed or wind-down situations. Our multi-disciplinary team is located in more than 70 offices around the globe, including the key global financial centers, and is knowledgeable of local laws and regulations.
- Liquidations (court appointed or voluntary)
- Receiverships / Controllerships
- Controlled Wind-downs
- Liquidating Trusts
- AssetyRealizations and Sales Mandates
- Distressed / Illiquid Investment Management Services
- Restructuring Advisory Services
- Independent Oversight for Directors, Investment Managers and / or Investors
How We Can Help
Duff & Phelps has years of experience in helping clients to identify and investigate potential problems and the various strategies available to address them.
Structured or unstructured asset sale
We can develop and manage a coordinated sales mandate, with the assistance of our robust M&A practice and existing investment professionals (as needed). We are also able to capitalize on Duff & Phelps’ extensive network of strategic buyers.
We may be appointed by the Board or investors to review and report on the past and future efforts of general partners/ investment managers in realizing an illiquid portfolio, taking account of valuation methodology and sales efforts.
Managed workout of illiquid portfolio
We can step in as general partner/investment manager in the wind-down of illiquid structures, utilizing our wholly owned investment advisor. Alternatively, a liquidating trust could also be established, with Duff & Phelps acting as trustee, thereby enabling the legacy structure/business to continue to operate without the burden of the illiquid positions and related issues.
We can work with counsel, the Board and/or the incumbent investment manager to effect a formal wind-down of onshore and offshore investment vehicles. Options include the use of voluntary and court-supervised liquidations, bankruptcy filings, as well as liquidating trusts.
We will work with onshore and offshore legal counsel to assess and implement appropriate recovery actions in the most appropriate jurisdictions. Where needed, we are also able to deploy Duff & Phelps’ experienced Disputes group to assist in such matters.