Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that it has established a Beijing office. The Beijing team focuses on advising clients as they consider growth in China, outbound deals, IPOs and private equity investments.

The office is led by Sammy Lai, who joins the firm as country leader in China. Lai will work closely with Bill Snyder, head of Duff & Phelps' existing office in Shanghai, and Henk Oosterhout, leader of the firm's international operations, to expand the business in the region. This development continues Duff & Phelps' strategic growth in key markets around the world - which also include Canada, where the firm is building out its Toronto presence, and Europe, where the firm recently added 150 employees in the UK.

"The establishment of Duff & Phelps' Beijing office will help our clients make sound decisions in a key hub of Chinese government and state-owned enterprise," said Noah Gottdiener, chief executive officer at Duff & Phelps. "Our team is better positioned to provide the Chinese market with valuations for IPOs and monitoring trustees, along with investment banking advice. Further, I am confident that Sammy's leadership will drive revenue locally while generating cross-selling opportunities for our team in Asia and beyond."

Lai has provided expertise on valuation and finance in Asia for more than 14 years, most recently as managing director and Greater China practice leader for the financial advisory services arm of Marsh, Inc.'s subsidiary in China. Earlier in his career, Lai spent five years specializing in project financing for two public companies in the power industry.

"Duff & Phelps' vast amount of talent, capabilities and resources will help my team deliver top-quality valuation, investment banking and transaction support services," said Lai. "The firm's credibility, collaborative culture and international scale equips my colleagues and I to deepen relationships throughout Mainland China and the West."

About Duff & Phelps

As a leading global financial advisory and investment banking firm, Duff & Phelps balances analytical skills, deep market insight and independence to help clients make sound decisions. The firm provides expertise in the areas of valuation, transactions, financial restructuring, alternative assets, disputes and taxation, with more than 1,000 employees serving clients from offices in North America, Europe and Asia. Investment banking services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. M&A advisory services in the United Kingdom and Germany are provided by Duff & Phelps Securities Ltd. Duff & Phelps Securities Ltd. is authorized and regulated by the Financial Services Authority. Investment banking services in France are provided by Duff & Phelps SAS. For more information, visit www.duffandphelps.com. (NYSE: DUF)

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