Duff & Phelps Adds a Managing Director to its Investment Banking Practice

Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that Andrew Capitman has joined the company as a Managing Director in the Investment Banking practice. He will be based in New York. Mr. Capitman brings more than 35 years of experience advising clients on a broad range of corporate finance matters, including buy- and sell-side assignments, fairness opinions, IPOs, public tenders, LBO/MBOs, government privatizations, and debt and equity placements across virtually every industry and geography. 

"We are really pleased to have Andrew join our team," commented Steve Burt, Head of the M&A and Transaction Opinions practice at Duff & Phelps. "He's advised on deals of every size and every situation, and he adds further depth to our bench of talent. We expect that he will take a very active role in contributing to our market position as a leading advisor to middle market companies." 

Added Gerry Creagh, President of Duff & Phelps, "As a team, we are looking forward to working with him and leveraging his experience and relationships for the benefit of our clients. Andrew brings long-standing relationships with middle market private businesses and private equity investors." 

Most recently, Mr. Capitman served as a Managing Director at The Bank of New York, in the Merchant Banking Group, where he held senior coverage responsibility for private equity firms, as well as national corporate and middle-market clients. Earlier, he served as a Managing Director and Head of Corporate Finance at Fieldstone, Inc., an advisory boutique formed by Bankers Trust alum. While at Fieldstone, Mr. Capitman originated and led public market assignments in the United States, United Kingdom, Middle East and Africa. He also founded the firm's first office on the African continent, and initiated Fieldstone's sale to Gensec Bank of South Africa. 

Mr. Capitman previously served as a Managing Director at Bankers Trust Company, working in New York and London, where he focused on media transactions. While at Bankers Trust, he completed more than 50 transactions, advising clients such as Maxwell Communications, Rizzoli, Canal + and Reed Elsevier. At Bankers Trust, Mr. Capitman established the firm's European M&A practice and built a Euromoney top-ranked team, serving as its senior banker in London. 

Mr. Capitman began his career in investment banking at Deltec Banking Corporation and Drexel Burnham Lambert. He has also been actively involved in the Miami Design Preservation League for more than 30 years and currently serves as  ex officio Chairman of its Board. He is a founder of Art Deco Hotels, Ltd., in Miami, FL, where he led in the transformation of the Miami Beach Art Deco National Historic District. Mr. Capitman oversaw the restoration of several hotels and restaurants in the Art Deco District, culminating in the sale of these properties to a public company. From 2003 until this year, he served as President of Manitoga/The Russell Wright Design Center, in Garrison New York. 

Mr. Capitman graduated from Yale University with a Bachelor of Arts degree, cum laude, in Economics, and received a Master of Arts degree in Economics, with Honors, from the University of Miami Graduate School of Business and Economics. 

About Duff & Phelps 
Duff & Phelps Corporation (NYSE: DUF) is a leading provider of independent financial advisory and investment banking services, supporting client needs principally in the areas of valuation, transactions, financial restructurings and disputes. Founded in 1932, the company's mission is to protect, recover and maximize value for its clients, by providing independent and unbiased advice on issues related to highly technical and complex assessments of value. Services include financial reporting valuation, tax services, real estate and fixed asset services, corporate finance consulting, fairness and solvency opinions, restructuring advisory, and dispute and legal management consulting. Investment banking services are provided by Duff & Phelps Securities, LLC. With over 1,000 employees serving clients worldwide through offices located 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 www.duffandphelps.com.

Investor Relations: 
Breanna Downes 
+1 212 871 7700 

Media Contact: 
Sherri Saltzman 
+1 973 775 8329 

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