Kris Carpen joins Duff & Phelps as Senior Director

11 February 2021 2 min. read
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Duff & Phelps has appointed Kris Carpen as Senior Director in its restructuring advisory practice. Carpen arrives from Alvarez & Marsal, where he was a Director focusing on restructuring services.

Carpen said of the news, "I am absolutely delighted to join Duff & Phelps and one of the fast growing restructuring teams in the UK. I believe I have joined a truly dynamic and entrepreneurial team at Duff & Phelps in what is one of the most challenging and demanding times, and look forward to continuing to concentrate on the middle market in my new role.”

Carpen has over 20 years of experience in providing restructuring advise and support to underperforming businesses and their stakeholders – working with clients of all sizes from large listed entities to small owner managed businesses. Most recently this saw him spend three years with Alvarez & Marsal – which specialises in restructuring work, similarly to Duff & Phelps – where he was a Director.

Kris Carpen joins Duff & Phelps as Senior DirectorPrior to that, Carpen spent two years with English healthcare regulator Monitor, following a more-than-14-year stay with KPMG’s restructuring team.

Joining Duff & Phelps as a Senior Director in its global restructuring advisory practice, Carpen will be based in London. From there, his focus will be on the mid market, bringing with him detailed knowledge of healthcare, airlines, professional services, retail, telecommunications and entertainment.

Commenting on the new arrival, David Fleming, Managing Director and Head of UK Restructuring Advisory at Duff & Phelps, stated, “Kris has worked across a number of restructuring areas ranging from cash and working capital mangement, independent business reviews, operational turnarounds as well as trading administrations. He has an impressive engagement record in which he has successfully preserved and maximised value for a variety of stakeholders and he will be a welcome addition to our growing Restructuring Advisory team in London.”

Duff & Phelps has been enjoying keen demand throughout the Covid-19 crisis, with many firms finding themselves in need of restructuring and turnaround services amid the current financial crisis. The firm has used this momentum to boost its local and international reach, and at the start of 2021, it announced the launch of a new office in Gibraltar.