Raphael Newman is a managing director at Duff & Phelps.

Raphael (Ray) Newman

Managing Director and Global Head of Transaction Advisory Services

Raphael “Ray” Newman joined Duff & Phelps in 2002. He is a managing director in the New York office and leads the firm’s Transaction Advisory Service practice. He has nearly 30 years of transaction experience. 

Ray has led numerous transactions with an aggregate value of more than $100 billion. He has advised both private equity/hedge funds and strategic buyers in a wide array of industries, including manufacturing, distribution, transportation, retail, healthcare, technology, printing, publishing, automotive, logistics media and entertainment services. Ray has also acted as an advisor to his clients on U.S. Securities and Exchange Commission (SEC) matters, provided expert witness testimony on technical accounting matters and has been an arbitrator in purchase price and other accounting disputes. 

Prior to joining Duff & Phelps, Ray was a partner in Arthur Andersen’s Transaction Advisory Services practice. He was also a director of worldwide accounting and finance for Home Box Office and a manager at Viacom. He started his career at Deloitte & Touche. 

Ray holds an MBA in finance and international business with a sub-concentration in marketing from New York University’s Stern School of Business and a BS in accounting from Yeshiva University’s Syms School of Business. He is also a certified public accountant licensed in New York and a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. Ray also holds the Series 63 and 79 FINRA Certifications.

 
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